Hasty exit by Argentina’s economy minister could deepen market crisis

Breadcrumb Trail Links PMN Business Author of the article: Reuters Jorge Otaola and Eliana Raszewski Article content BUENOS AIRES — The abrupt departure of Argentina’s economy minister and lack of a clear successor could threaten to further destabilize an economy already shaken by sky-high inflation, rising energy costs and growing fears over possible new defaults … Read more

Exxon CEO Warns That Consumers Will Pay For Hasty Energy Transition

ExxonMobil expects all new cars sold two decades from now to be electric vehicles. But the U.S. supermajor also believes that people will “pay a high price” in this rush to renewables without providing the energy the society currently needs, Exxon’s chief executive Darren Woods told CNBC’s David Faber in an interview last week. Exxon … Read more

UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers

Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance ministry has proposed scores of changes to rules governing capital markets, company listings and insurance to exploit independence from EU regulation and create an … Read more