Oil prices rise after US agrees $1tn infrastructure deal November 8, 2021 Oil prices have continued to recover after US congress passed Joe Biden’s $1tn infrastructure deal, improving the global outlook for energy demand. The package includes major upgrades to roads, railways and broadband across the country and could boost economic growth and demand for fuel. Oil prices recovered from last week’s mini-slump with Brent crude up [...]
US lawmakers pass $1tn infrastructure bill November 6, 2021 The US congress has passed a $1tn package to upgrade key infrastructure across the country such as highways, railways, water pipes, and broadband. The package will now be sent to president Joe Biden to sign into law. This follows a 228-206 vote in the House of Representatives, and months of heated back-and-forth negotiations between the [...]
Ex-Carlyle CEO Youngkin wins Virginia governor race November 3, 2021 Glenn Youngkin, a Republican and the former co-chief executive of US private equity group Carlyle, won the Virginia governor’s race last night in a blow to the Democractic party and President Joe Biden, a year ahead of the midterm elections. The political newcomer beat Democrat Terry McAuliffe, a former governor, in an election that attracted [...]