Southwest Airlines pays for holiday chaos

Source: Dukascopy Bank SA
The United States airline Southwest Airlines is set to pay a $140 million fine for the cancellation of 16,900 flights during the 2022 holiday season that resulted in the stranding of 2 million passengers.
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Mon, 18 Dec 2023 13:58:17 GMT

Nippon Steel buys US Steel

The Japanese giant Nippon Steel has just announced that it would buy the United States Steel Corporation for a total of $14.9 billion. The US Steel shares reacted to the news with a jump of 28.00% that resulted in a price above $50.35 in the pre-market trading.

Tue, 19 Dec 2023 10:30:04 GMT

Goldman cuts Brent forecast

Goldman Sachs has decreased its 2024 Brent price forecast by $10 per barrel due to strong supply in the United States. The bank expects prices to remain in the $70/90$ range.

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