Flow Scales

Delivering the Best News to you!

Oil sees more fund buying, but risks shifting

Hedge fund managers were substantial buyers of petroleum futures and options last week for the fourth week in a row, a sign of increasing confidence coronavirus vaccines will drive a

Read More

Within time limits, UK will continue EU trade talks if deal possible-PM’s spokesman

Britain will keep negotiating with the European Union on a post-Brexit trade deal for as long as the two sides have time available and London believes an agreement is possible,

Read More

Equinor, RWE join Dutch hydrogen project

German utility RWE and Norwegian oil and gas firm Equinor have joined an initial phase of a Dutch project to produce “green” hydrogen by using offshore wind power. The NorthH2

Read More

Sturdy dollar casts a shadow over emerging markets, BIS says

A stronger U.S. dollar will increasingly weigh on emerging- market economic prospects, since developing countries have taken on so much dollar-denominated debt in the past decade, the Bank of International

Read More

Thiel-backed therapy developer AbCellera looks to raise up to $391 million in IPO

Peter Thiel-backed biotech developer AbCellera Biologics Inc, which has partnered with Eli Lilly for its COVID-19 antibody drug, said on Monday it expects to raise up to $391 million in

Read More

Rolls-Royce kicks off disposal plan with nuclear instrument sale

Britain’s Rolls-Royce has signed a deal to sell its civil nuclear instrumentation and control business for an undisclosed sum, kicking off a plan to raise 2 billion pounds ($2.65 billion)

Read More

Pandemic’s uneven march across U.S. paved way for wider outbreak

Nine months after the U.S. government declared a state of emergency to fight the coronavirus pandemic, daily deaths and new infections are breaking records, hospital capacity is more stretched than

Read More