Interest rates cut by 50 basis points for the first time since 2020
Two further rate cuts are planned between now and the end of 2024
A Fed governor, Miki Bowman, has come out in favor of a smaller cut (25 basis points). This is the…
By Gabrielle Ng SINGAPORE (Reuters) -Oil prices rose on Tuesday on news of fresh monetary stimulus from top importer China, and concerns escalating tensions in the Middle East could hit supply from the key producing region, while a major…
Investing.com-- Oil prices rose slightly in Asian trade on Tuesday, although a recent rebound appeared to have run dry amid a series of mixed readings on business activity from across the globe. Crude prices rose sharply over the past…
By Valerie Volcovici NEW YORK (Reuters) -California and several environmental groups sued Exxon Mobil (NYSE:) on Monday and accused the oil giant of engaging in a decades-long campaign that helped fuel global plastic waste pollution.…
By Sabrina Valle (Reuters) -The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron (NYSE:)'s purchase of Hess (NYSE:) as soon as this week, two people familiar with the matter said, leaving Exxon Mobil…
The first energy transition can be traced back to the 18th Century, when we started moving from wood to coal. Now, in 2024, what progress have we made in the latest shift from fossil fuels to renewable energy sources, and…
By Arathy Somasekhar HOUSTON (Reuters) - Oil prices closed lower on Monday as worries about demand were compounded by disappointing euro zone business activity and a weak Chinese economy. futures for November settled 59 cents lower,…
The UN's Summit of the Future must deliver practical solutions to challenges humanity is facing today to chart out a better tomorrow.
Today's world has fallen into its own trap. Certain countries leave no stone unturned to keep their…
Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, a philanthropy established three years ago in conjunction with Rivian’s IPO to dedicate 1% of its equity to those making the “natural world” a…