The United States will mark its return to the global fight against climate change on Monday by joining high level talks on ways to better protect people and economies from the effects of global warming already taking place.
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Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis triggered spending cuts.
Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil.
Pacific island nations are turning to China-led agencies to plug funding gaps in their pandemic-ravaged budgets after exhausting financing options from traditional western partners, stoking fears the region is becoming more dependent on Beijing.
Asian shares were on the defensive on Monday as rising COVID-19 cases and doubts over the ability of vaccine makers to supply the promised doses on time soured risk appetite.
Singapore-based StashAway has grown its assets under management (AUM) to more than $1 billion, the digital wealth manager said in a statement on Monday.
A group of British members of parliament said on Monday that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.
Renewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal-power shrank, a report showed on Monday.
Global green bond issuance reached a record high of $269.5 billion by the end of last year and could reach $400-$450 billion this year, a report by the Climate Bonds Initiative (CBI) showed on Monday.
The world’s 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time when technology oriented stocks led a dramatic rebound from a pandemic induced sell-off, LCH Investments data show.
Natural catastrophes resulted in $97 billion in insured losses in 2020, 40% above the average for this century, in a year when insurers also faced hefty bills due to the coronavirus pandemic, insurance broker Aon said in a report on Monday.
China was the largest recipient of foreign direct investment in 2020 as the coronavirus outbreak spread across the world during the course of the year, with the Chinese economy having brought in $163 billion in inflows.
Deutsche Bank AG said on Sunday it began a probe in relation to engagement with some clients after the Financial Times reported earlier that the German lender was investigating the alleged mis-selling of investment banking products.
A blank-check acquisition firm backed by veteran investor Bill Foley is nearing an agreement to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group Inc, public at a valuation of $7.3 billion including debt, people familiar with the matter said on Sunday.
Saudi Arabia’s Public Investment Fund plans to double its assets to 4 trillion riyals ($1.07 trillion) by 2025, Prince Mohammed bin Salman said on Sunday, a move that would make it one of the biggest sovereign wealth funds in the world.
A pipe-laying vessel has started work in Danish waters ahead of the resumption of construction of the Nord Stream 2 gas pipeline, the consortium behind the project said on Sunday, amid pressure from the United States and European Union to halt it.
Siemens Energy, which makes turbines for the power sector, on Sunday said it swung to a core profit in its fiscal first quarter, helped by cost cuts and unspecified temporary effects.
Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a “terrible financial state” and remains “terribly divided”, but added he liked what he heard from President Joe Biden at his inauguration.
German car manufacturer Volkswagen is looking into possible claims for damages against its suppliers Bosch and Continental due to a lack of semiconductors, Automobilwoche magazine reported on Sunday.
Instagram is forcing users to follow the Joe Biden White House account because the page had less than a million followers.
Bahrain’s Gulf Air is in talks with Airbus and Boeing to delay some aircraft deliveries as the pandemic continues to distrupt global travel, its acting chief executive said on Sunday.
Goldman Sachs said its three-month Turkish lira forecast was 7.00 to 7.50 to the dollar and said further strengthening might be constrained by central bank efforts to rebuild reserves.
Taiwan’s Ministry of Economic Affairs said on Sunday it has received requests through diplomatic channels to help ease a shortage of chips for the auto sector and that it has asked local tech firms to provide “full assistance”.
Germany’s motor vehicle authority (KBA) is looking into safety risks related to touchscreen displays in Tesla cars and has asked the U.S. auto maker to provide information following a similar request by U.S. authorities, a KBA spokesman was quoted as saying.
E-commerce giant Amazon is reportedly seeking to postpone a unionization vote at a warehouse in Alabama and is fighting back against federal labor authorities’ decision to allow mail-in voting.
Microsoft has moved forward with a patent to create chatbots capable of mimicking the personality of a specific person.
Messaging app “Telegram” sent a message to its users announcing that in January alone it gained 90 million new users.
Student protesters who urged world leaders at the 2020 World Economic Forum in Davos to “Stop (f)lying to us” must be pleased this year, at least as far as the flying is concerned.
A Southern California warehouse developer has unveiled plans for a new project in the southwest Las Vegas Valley.
Eviction moratoriums have protected cash-strapped renters affected by the coronavirus pandemic for the past 10 months, but mom-and-pop landlords are finding themselves shouldering tremendous financial burdens.
All 60,000 United Airlines employees could soon be required to get vaccinated for COVID-19.
Tech giants reveal they spent a total of $61 million in lobbying last year.
‘I now have ownership of this channel and will be posting original content for you guys.’
Pfizer said Friday it will be shipping fewer CCP virus vaccine vials after finding an extra dose in each vial.
The premier of Alberta, Canada’s biggest oil producing province, urged President Joe Biden on Friday to reconsider his cancellation of the Keystone XL pipeline, saying the move was a snub to one of America’s closest allies.
Two Miami-area banks have cut ties with former President Donald Trump by closing his accounts, multiple outlets reported on Jan. 21.
Washington Democrats and their traditional labor union allies are cheering President Joe Biden’s firing of the National Labor Relations Board’s (NLRB) General Counsel even though Peter Robb’s four-year term had nine months left.
The Italian data privacy watchdog ordered video app TikTok on Friday to block the accounts of any users in Italy whose age it could not verify following the death of a 10-year-old girl who had been using the Chinese-owned app.
The website of Iran’s Supreme Leader on Friday carried the image of a golfer resembling former President Donald Trump apparently being targeted by a drone alongside a threat of revenge over the killing of a top Iranian general in a U.S. drone attack.
The Tokyo Stock Exchange approved on Friday Toshiba Corp’s return to the bourse’s first section amid calls from some shareholders for better governance at the Japanese industrial conglomerate.
The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years through other pipelines that are in the midst of expanding.
Delivery apps Uber Eats and Rappi have temporarily reduced their fees for restaurants in Mexico, the companies said on Friday, under pressure from industry groups to lessen the burden for eateries hammered by tighter coronavirus restrictions.
U.S. stock index futures slid from record levels on Friday as shares of blue-chip technology companies Intel and IBM tumbled following their quarterly results.
Morgan Stanley Chief Executive James Gorman’s annual pay rose by $6 million, or 22%, last year, according to a regulatory filing released on Friday.
The Senate Finance Committee will vote on Friday on Janet Yellen’s nomination for Treasury secretary, an early litmus test of bipartisan support for President Joe Biden’s ambitious plans for coronavirus relief, infrastructure investment and tax hikes.
A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of an economic reopening.
Oil prices dropped on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer.