INWire Headlines

Hoegh LNG pulls out of Pakistan LNG import project

Shipping company Hoegh LNG on Friday cancelled a deal to provide a floating import terminal for a liquefied natural gas (LNG) project being developed by Turkish company Global Energy Infrastructure Limited (GEI) in Pakistan.

Wall Street rises with retailers, commodities boost

The benchmark S&P 500 and the Nasdaq Composite hit records on Friday, a day after the Thanksgiving holiday, climbing with commodity prices and with retail stocks on signs of a strong start to the holiday shopping season.

'Stealth hedging' shows investors not so complacent

With the U.S. stock market at a record high and daily stock gyrations near multi-decade lows, some investors have raised concerns about the lack of fear in the market, but U.S. equity options market data suggests investors are far from complacent.