Business - Page 240

The latest American Stock News Business News: breaking personal finance, company, financial and economic news, analysis into global markets

Amsterdam wins car sharing prize

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Amsterdam has won the Autodeel Award 2020 in the category of Large Municipalities. Accepted on behalf of the city by Deputy Mayor Sharon Dijksma, this award reflects Amsterdam’s leading position in car sharing and the years of work so far invested in it.

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ExxonMobil discovers hydrocarbons offshore Suriname

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ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s extensive finds in the Guyana-Suriname basin. The well was drilled by operator PETRONAS, and the discovery is being evaluated to determine its resource potential.

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J.P. Morgan Executes Intraday Repo Transaction Using Blockchain

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J.P. Morgan (NYSE: JPM) announced it completed a live, blockchain-based intraday repo transaction. The transaction was successfully conducted between J.P. Morgan’s broker dealer and banking entity, using an in-house developed blockchain application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days.

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