DOHA, Qatar—Qatar banned the sale of beer at World Cup stadiums on Friday, a sudden U-turn on the deal the country made to secure the soccer tournament with only two days to go before the opening game. The move was the latest sign of the tension of staging the event, which is not just a…
Spirit Airlines Shareholders Approve $3.8 Billion Sale to JetBlue
Spirit Airlines shareholders voted Wednesday to accept a $3.8 billion buyout from JetBlue Airways, but the deal could still face a challenge from federal antitrust regulators. JetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation’s biggest budget airline. Spirit announced the outcome after a brief meeting, which was…
Spider-Man Comic Page Sells for Record $3.36 Million Bidding
DALLAS—A single page of artwork from a 1984 Spider-Man comic book sold at auction Thursday for a record $3.36 million. Mike Zeck’s artwork for page 25 from Marvel Comics’ “Secret Wars No. 8” brings the first appearance of Spidey’s black suit. The symbiote suit would eventually lead to the emergence of the character Venom. The…
World Stock Prices Gain on Strong US Holiday Sales
WASHINGTON—Global stock markets rose on Monday and oil prices eased as investors hailed strong U.S. holiday season sales and some grew less fearful about economic damage from the Omicron variant of COVID-19. Still, fears that the pandemic could hurt economic growth pushed gold prices to the highest in more than a week despite pressure from…
China Government Land Sales Down for Fifth Month Amid Cash Crunch
BEIJING—The Chinese government’s revenue from land sales fell for a fifth straight month in November as a liquidity crunch engulfed the country’s most indebted developers amid persistent market headwinds. In November, the value of land sales nationwide sank 9.90 percent from a year earlier, although that was less than the 13.14 percent annual decline in…
US to Sell 32 Million bbls From 4 Sites as Part of Strategic Sale
November 25, 2021
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The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices. International oil prices have held above $80 a barrel even after U.S. President Joe…
Bank of Ireland Share Sale Extended, State Recoups 249 Million Euros
DUBLIN—The Irish government on Friday extended the gradual sell down of its shares in Bank of Ireland to May 2022, having raised 249 million euros ($287.79 million) in the last three months by cutting its stake to 9.3 percent from 13.9 percent. The government announced in late June that it intended to cut its shareholding…
US New Home Sales Hit Six-Month High; Median Price Stays Above $400,000
WASHINGTON—Sales of new U.S. single-family homes surged to a six-month high in September, but higher house price are making homeownership less affordable for some first-time buyers. New home sales jumped 14.0 percent to a seasonally adjusted annual rate of 800,000 units last month, the highest level since March, the Commerce Department said on Tuesday. August’s…
Dow Expects Strong Sales as Higher Prices Power Beat
October 21, 2021
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Dow Inc. on Thursday forecast better-than-expected revenue for the fourth quarter after beating estimates on higher prices across its business following a rebound in economic activity and tight supplies after Hurricane Ida. Demand for the company’s chemicals, used in everything from plastic and food packaging to textiles, electronics, and paints, has bounced back as industrial…
World’s Biggest Triceratops Sells for $7.7 Million in Paris
PARIS—The world’s biggest triceratops skeleton, known as “Big John,” was sold for 6.6 million euros ($7.7 million) Thursday to a private collector at a Paris auction house. The enormous skeleton, estimated to be over 66 million years old, was found in 2014 in South Dakota. The triceratops is known for its three horns on the…
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