US leases long-sought Alaska oil rights in Trump’s final days

NEW YORK, United States (AFP) — US President Donald Trump’s administration auctioned off 11 oil leases in the Alaska National Wildlife Refuge on Wednesday, in a last-ditch move to expand drilling in the areas coveted by some petroleum producers before he leaves office. Major oil companies however sat out bidding for tracts in the environmentally sensitive area, and nine of the leases went to the Alaska Industrial Development and Export Authority, a state agency, while […]

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Peso to climb before US Fed policy meeting

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THE PESO is likely to strengthen versus the dollar this week on expectations that the US Federal Reserve will keep rates low to support...