OPEC+ has decided to prolong most of its extensive oil production cuts until 2025. OPEC+ has decided to prolong most of its extensive oil production cuts until 2025.
Industry
US House Lawmakers Ask Justice Department to Launch Antitrust Probe on OPEC, Oil Companies
Democratic US House lawmakers are urging the Justice Department to investigate possible antitrust violations among US oil producers and OPEC.
Google's Privacy Chief Keith Enright Is Leaving the Company After 13 Years
Google's chief privacy officer, Keith Enright, is leaving the company after 13 years. Google's chief privacy officer, Keith Enright, is set to leave the company this fall after a 13-year tenure.
US Energy Secretary Says Higher Tariffs on Chinese EVs Crucial for Local Automakers
US Energy Secretary Jennifer Granholm said that increasing import duties on Chinese EVs to more than 100% is crucial to the local auto industry's health.
EU Pays Germany $ 1.9 Billion for LEAG’s Coal Exit
Germany said that the European Commission has agreed to compensate power company LEAG with up to$1.90 billion for deciding to move away from coal by 2038.
Latest News
Nvidia introduced its latest AI chip platform, "Rubin," on the eve of the Computex technology conference in Taiwan.
Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.
Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production. A photo shows the Airbus logo during the Airbus annual press conference in Blagnac, southwestern France on February 16, 2023.
Emirates president Tim Clark said that the recent turbulence incident involving a Singapore Airlines Boeing 777-300ER flying from London to Singapore served as a lesson for the aviation industry as a whole.
Several people anonymously told Bloomberg that Riyadh Air would be announcing an agreement with a major Southeast Asian carrier in the coming days.
Atlas Air Worldwide will stop flying freighter aircraft for Amazon's domestic parcel network by mid-2025.
The New York Times, owner of the web-based word game Wordle, has taken legal action against the creator of the location-guessing game Worldle.
San Francisco's beloved Anchor Brewing Company, which closed down last summer after 127 years in business, is being revived after billionaire Hamdi Ulukaya purchased it.
US crude oil refiners are reportedly preparing to increase their operations above 90% capacity following the completion of planned maintenance.
