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Results for "Celanese"

23 stories found

Celanese Sells Additional 19 Percent Stake in Nutrinova Joint Venture
Businessmorningstarinvesting-com5d ago2 sources

Celanese Sells Additional 19 Percent Stake in Nutrinova Joint Venture

Chemical company Celanese has agreed to transfer an extra 19 percent ownership share in its Nutrinova joint venture to Japanese trading firm Mitsui & Co. for $152 million. The transaction reduces Celanese’s holdings while strengthening strategic ties with its partner.

US Inflation Hits Three-Year High, Rattling Markets
BusinesscnbcvgYahoo+6iefimeridaKorea Heraldnaftemporikiseeking-alphaDaily Star BDTehran Times3mo ago9 sources

US Inflation Hits Three-Year High, Rattling Markets

US consumer inflation has reached a three-year high, leading to mixed and lower trading on Wall Street and global markets. The surge in inflation is partly attributed to uncertainties surrounding a potential conflict with Iran.

Canada and Norway Push Oil Market Stability Amid Middle East War, Canada Releases Reserves
BusinessReuterscbccnbc+7SCMPtvn24Yahoon1-bihinquirerazernewsclub-of-mozambique5mo ago10 sources

Canada and Norway Push Oil Market Stability Amid Middle East War, Canada Releases Reserves

Canadian Prime Minister Mark Carney and Norway's Jonas Gahr Støre emphasized energy stability during talks in Oslo as the Middle East war impacts global oil markets. Canada announced it will release 23.6 million barrels following an International Energy Agency call for coordinated action, adding to the pressure on energy markets as the conflict triggers emergency oil measures and policymakers warn of an Iran oil shock.

SpaceX Reports Increased Revenue and Significant Spending in Debut Earnings
BusinessBBCbloombergNYT+42FTle-mondeThe GuardianNPRAl Jazeeradr-dkyle-uutisetcnbc+34 more1mo ago45 sources

SpaceX Reports Increased Revenue and Significant Spending in Debut Earnings

SpaceX's first-ever earnings report since its stock market debut shows higher revenues but also significant spending, leading to a loss in the first quarter. The company's AI investments are noted as a factor in its expenditures.