Texas power regulator to cut service fees, no action on repricing

12.03.2021, 15:18

The Texas power regulator on Friday voted to remove about $1 billion in service fees levied on grid users but took no action on petitions asking it to cut high power prices during a mid-February cold snap.

Uber wins Dutch court case over data brought by British drivers

12.03.2021, 15:07

AMSTERDAM - A Dutch court has dismissed claims by a group of British Uber (NYSE:UBER) drivers that sought access to the data that the ride hailing company collects about them.

Crude Oil Slips as Bond Yields Pressure Risk Assets

12.03.2021, 15:00

Crude oil prices drifted lower on Friday as rising interest rates started to chip away at this week’s on-off rally in risk assets.

Booming electric vehicle sales drive surge in cobalt prices

12.03.2021, 14:39

LONDON - Demand and prices for battery material cobalt are soaring as electric vehicles stream out of showrooms in China and Europe, with little prospect of a significant reversal as drivers and governments move to cut carbon emissions.

S&P 500, Nasdaq weighed down by spike in bond yields

12.03.2021, 14:37

The S&P 500 slipped on Friday after hitting an all-time high in the prior session, as a spike in U.S. bond yields revived inflation worries and dented appetite for high-growth stocks.