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01 Apr, 2020
BP to acquire BHP's US shale assets for $10.5 bln
BP p.l.c. (NYSE:BP) announced Friday it would buy several US oil and shale assets from mining firm BHP Billiton Ltd. (NYSE:BBL) for USD 10.5 billion.The deal is the largest by BP in two decades and its first significant investment in the United Stat..
Greenspan Says the US is in a Stock Market Bubble
Alan Greenspan, the former chairman of the Federal Reserve, said that there exists two bubbles- the bond market bubble and the stock market bubble. He warned that the bond market bubble, although benign in the short-term, could turn fatal for the US..
UBS Reports San Francisco Overvalued
As per the Union Bank of Switzerland (UBS)-published Global Real Estate Bubble Index, the city of San Francisco can be counted as one of the more overpriced metropolises in the world. The September 28-released report also states that the city is hur..
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