An emission comes out of a smoke stack at the Infineum oil refinery on February 6, 2024, in Linden, New Jersey. Gary Hershorn | Corbis News | Getty Images Oil prices fell Monday after rallying more than 6% last week on escalating Middle East tensions. The West Texas Intermediate contract […]
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Saudi energy minister pins Aramco’s oil capacity halt on green transition
Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images Saudi’s state-controlled oil giant Aramco suspended its capacity expansion plans because of the green transition, Energy Minister Abdulaziz bin Salman said Monday, stressing that the future of energy security lies with renewables. “I think […]
Bitcoin, AI and Magnificent 7: The emerging ETF trends as industry gathers for big conference
Over two thousand attendees are descending on the Fontainebleau Hotel in Miami Beach for the annual Exchange ETF conference. To entice participants, the organizers rented out the entire LIV Nightclub Miami at the hotel for a Super Bowl party Sunday night. While much of the conference is an excuse to party […]
Trump’s NATO comments stir up a political storm as Russia keeps quiet
Former U.S. president Donald Trump pictured during a meeting with NATO Secretary-General Jens Stoltenberg at Winfield House, London on Dec. 3, 2019. NICHOLAS KAMM | AFP | Getty Images Former U.S. head of state and presidential candidate Donald Trump stoked the ire of U.S. lawmakers and international leaders, after remarking […]
Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned the Russian economy is still facing significant headwinds despite receiving a recent […]
Angry farmer protests are spreading across Europe — and getting results
A farmer pulls waste to block the RN 19 near in Vesoul, eastern France, on January 25, 2024. Sebastien Bozon | Afp | Getty Images The European Union prides itself on being a champion for the environment. But that reputation is now being firmly tested, after it toned down its […]
Musk denies selling Starlink terminals to Russia after Kyiv alleges their use in occupied areas
A Falcon 9 rocket launches a Starlink mission from Florida on Feb. 27, 2023. SpaceX Ukraine’s main military intelligence agency accused Russian forces of using Starlink terminals produced by Elon Musk’s SpaceX in occupied areas. Starlink has been adamant that its satellite networks have never operated or been marketed in […]
Elon Musk must testify in SEC probe of his Twitter takeover
An effigy of Elon Musk is seen on a mobile device with the X and Twitter logos in the background in this photo illustration on 23 July, 2023 in Warsaw, Poland. Jonathan Raa | Nurphoto | Getty Images Tesla and SpaceX CEO Elon Musk has to testify in a probe […]
Germany’s economy is on shaky ground and glimmers of hope are few and far between
Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week. Michael Kappeler | Picture Alliance | Getty Images Good news has been sparse […]
Russia’s Wagner Group expands into Africa’s Sahel with a new brand
MOSCOW, Oct. 1, 2023: People visit a makeshift memorial for Wagner private mercenary group chief Yevgeny Prigozhin in central Moscow on October 1, 2023, to mark 40 days since his death as per Orthodox tradition. Natalia Kolesnikova | Afp | Getty Images Wagner Group has been replaced by a new […]