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Safe-haven dollar sinks slowly as traders hope for Mideast breakthrough
channelnewsasia61d ago

Safe-haven dollar sinks slowly as traders hope for Mideast breakthrough

TOKYO, April 14 : The safe-haven dollar edged toward a seventh straight daily decline on Tuesday as investors positioned for a possible diplomatic breakthrough in the Middle East, even as the Gulf remained all but closed to energy shipments.The U.S. currency drifted between steady and slightly softer against

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Oil rally lifts hopes, but reality bites
nst61d ago

Oil rally lifts hopes, but reality bites

KUALA LUMPUR: Volatile crude prices, whipsawed by the escalating US-Iran conflict, have reignited hopes of a profit windfall for Malaysia’s mid-tier oil and gas players, with some potentially eyeing the RM500 million mark.

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aetoswire61d ago

XCF Global, Southern Energy Renewables and DevvStream Sign Definitive Business Combination Agreement with Respect to Previously Announced Proposed Three-Party Merger to Create Next-Generation Energy Platform>

(BUSINESS WIRE)--XCF Global, Inc. (Nasdaq: SAFX) (“XCF”), a key player in decarbonizing the aviation industry through sustainable aviation fuel (“SAF”), and DevvStream Corp. (NASDAQ: DEVS) (“DevvStream”), a leading carbon management and environmental-asset monetization firm, today announced the execution of a definitive Business Combination Agreement with Southern Energy Renewables Inc. (“Southern”), an important next milestone in the three parties’ previously announced initiative to establish a combined energy transition platform designed to develop and scale sustainable aviation fuel (“SAF”), green methanol, renewable products, and next-generation low-carbon energy infrastructure, while embedding environmental attribute monetization across the value chain. This platform will be able to compete with China and the world on providing fuels and other products without subsidies. The transaction remains subject to customary closing conditions as well as the other terms, closing conditions and termination events (including failure to timely receive the applicable fairness opinions) set forth in the Business Comb...

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