Newsletter

CBD stops coronavirus in test tube
Initial research suggesting that a popular non-psychoactive compound derived from marijuana could help prevent or treat COVID-19 warrants further investigation in rigorous clinical trials, researchers say.

Wall Street slides
The prospect of a Russian attack on Ukraine and expectations of further Fed tightening weighed on global equities and riskier assets on Monday, while the dollar strengthened as a safe haven.

Why Biden can't cap oil prices
Oil prices this week hit their highest level since October 2014, prompting renewed commitments from the US government to do everything in its power to lower prices at the pump for Americans. Oil prices have traded even higher this week than in November 2021, …

Trian Partners builds stake in Unilever
Trian Partners, Nelson Peltz's activist hedge fund, has added a stake to Unilever (NYSE:UL), increasing pressure on the consumer goods maker, the Financial Times reported on Sunday, citing people directly familiar with the matter.

Cannabis was staple food in ancient China
According to a new archaeological study in central China, cannabis was a staple food in ancient China's Tang Dynasty (618-907).

Lufthansa wants ITA shares
The German Lufthansa wants to acquire a 40% stake in the state-owned Alitalia successor company ITA Airways. A deal could be announced next week, Italian daily Il Foglio reported on Saturday.

How invasion could affect markets
A possible invasion of Ukraine by neighboring Russia would affect a range of markets, from wheat and energy prices to the region's government bonds and safe haven assets.

Reduction in plastics production under consideration
International brands including Coca Cola and PepsiCo (NASDAQ:PEP) on Monday called for a global pact to tackle plastic pollution that includes reducing plastic production, a key growth area for the oil industry.

Microsoft's largest strategic acquisition to date
Microsoft announced on Tuesday that it will acquire video game giant Activision Blizzard for $68.7 billion in cash.

Oil prices are rallying again
Dow futures fell on Tuesday as bond yields continued to rise while oil prices rose to a 7-year high and stoked inflation fears. Dow Jones futures were down 228 points, or 0.63%, and S&P 500 futures were down 1.01% at 5:40 am ET. Meanwhile, futures for the …
