Vitol Says Refiners Face ‘Soft Patch’ in 2024 on New Plants
Global oil refiners will suffer a “soft patch” next year as new capacity in Mexico, Africa and the
2023-11-15 16:54
US, UK Lead Pledge to Triple Nuclear Power by 2050 at COP28
The US will lead a push at the COP28 climate summit to triple the amount of installed nuclear
2023-11-15 16:19
Renault Sets €10 Billion Sales Goal for EV Arm in IPO Pitch
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and
2023-11-15 15:56
Hong Kong Ousts Dubai as Biggest Hub for Russian Gold Trade
Shut out of London following the invasion of Ukraine, Russian gold trading switched to Dubai. Now it’s shifting
2023-11-15 15:55
Alstom Charts Cost-Cutting Course to Slash €2 Billion Debt
Alstom SA is cutting jobs and selling assets to shore up its balance sheet after cash-burn concerns wiped
2023-11-15 15:29
Swedish Landlords Are Surprisingly Passive, Handelsbanken Says
Highly leveraged landlords in Sweden will continue to face challenges as surprisingly little has been done to strengthen
2023-11-15 14:21
Siemens Energy Sees Profit in 2024 After Government Intervention
Siemens Energy AG sees a return to profit in the coming fiscal year after a government-led deal boosted
2023-11-15 14:19
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:18
Yen’s Woes Against Global Peers Worsen Even After Dollar Slips
The yen’s rebound from the cusp of a 33-year low versus the dollar has only served to highlight
2023-11-15 12:17
EU Strikes Landmark Deal to Curb Methane in Oil and Gas Supplies
European Union negotiators struck a deal to curb methane emissions leaking from fossil-fuel infrastructure and plotted a course
2023-11-15 12:15
Oil Steady With Differing Views From IEA, OPEC Clouding Outlook
Oil steadied after a short-lived relief rally as the market digested differing views on the supply and demand
2023-11-15 09:54
Venezuela Says EU Won’t Oversee 2024 Vote If Sanctions Persist
Venezuela’s head of congress said he would not invite European electoral observers next year after the European Union
2023-11-15 02:50