Hertz gets rid of EVs

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Source: Dukascopy Bank SA
The major global car rental company Hertz Global Holdings is set to sell 20,000 electric vehicles due to high expenses being caused by collisions and other damage.
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Fri, 12 Jan 2024 11:07:57 GMT

Oil prices surge due to strikes on Houthis

As the United States and the United Kingdom have announced airstrikes on Houthis in Yemen, crude oil prices have surged by 3.0%. The surge is attributed to the potential escalation that would lead to another war in the Middle East.

Fri, 12 Jan 2024 10:30:03 GMT

Chesapeake buys Southwestern

Chesapeake Energy has announced that it would buy out its rival Southwestern Energy for $7.4 billion. The deal is set to make the company the largest natural gas producer in the United States.

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