News

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Tue, 01 Jun 2021 14:00:07 GMT

Climate activists hurt US companies

A recent climate activist court win against US oil companies to cut emissions has boosted the prospects of Russian and Middle Eastern oil companies.

Tue, 01 Jun 2021 13:00:08 GMT

Tencent is sued due to content

On Tuesday, a Chinese public-interest group revealed that it had sued Tencent due to inappropriate content in the app Honor of Kings.

Tue, 01 Jun 2021 12:00:06 GMT

Stocks hit record high

During Tuesday's European trading hours, stock indices around the world reached new record high levels due to US fiscal stimulus.

Tue, 01 Jun 2021 11:00:08 GMT

Cruise addresses Biden

Autonomous vehicle producer Cruise urged the US President Joe Biden to increase his backing for self-driving vehicles.

Tue, 01 Jun 2021 10:30:22 GMT

BP invests in solar projects

On Tuesday, British Petroleum revealed that it would increase its investment into solar energy in the US by $220 million.

Tue, 01 Jun 2021 08:42:25 GMT

Daimler to settle row with Nokia

Daimler is set to pay Nokia fees for using the tech company's patents, ending the German legal spat over royalties for top technologies.

Tue, 01 Jun 2021 08:32:51 GMT

Tesla's car price surges

Elon Musk confirmed that Tesla vehicles price is rising amid supply chain pressures in the auto industry that hit mostly the raw materials.

Tue, 01 Jun 2021 07:00:07 GMT

Intel sees chip deficit to last several years

Intel's CEO is expecting the global chip supply shortage to last several years, marking the problem that has closed some car output lines and other industries, including consumer electronics.

Tue, 01 Jun 2021 06:00:08 GMT

Eni and BP discuss oil, gas assets

Eni and BP are in discussion about their gas and oil assets' future in Algeria as both groups seek to increase their efforts to refocus businesses to fight with rising debts, falling margins and climate pressures.

Tue, 01 Jun 2021 05:00:07 GMT

G7 backs global tax

Reuters revealed on Monday that the G7 countries would agree upon a minimum global corporate tax.

Tue, 01 Jun 2021 04:00:07 GMT

India audits Renault-Nissan

On Monday, Indian authorities revealed that they would audit Renault-Nissan production in India.

Tue, 01 Jun 2021 03:00:08 GMT

VW boss pays fine

On Monday, Business Insider revealed that the previous Volkswagen CEO Martin Winterkorn would pay a 10 million EUR

Mon, 31 May 2021 20:00:06 GMT

FINMA requests banks to reveal climate risks

FINMA stated that large Swiss banks and insurance firms will have to provide quantitative and qualitative information on risks they face from climate changes.

Mon, 31 May 2021 19:58:37 GMT

Norwegian wealth fund comments on gains

The Norwegian wealth fund announced on Monday that it would not score the high gains that it had during the prior 25 years.

Mon, 31 May 2021 19:10:44 GMT

BP, Eni consider oil, gas assets in Algeria

Eni and BP were in talks on the future of their gas and oil assets in Algeria, aiming to refocus businesses to tackle falling margins, climate pressures and rising debt, sources said.

Mon, 31 May 2021 18:00:07 GMT

Turkey, Greece agree to work on relationship

On Monday, the Greek Foreign Minister Nikos Dendias announced that Turkey and Greece have agreed to smooth their differences.

Mon, 31 May 2021 17:00:08 GMT

Taiwan, China fight over vaccines

On Monday, the Taiwanese government and the Chinese government exchanged more accusations about coronavirus vaccines.

Mon, 31 May 2021 16:00:07 GMT

Intel's CEO comments on chip shortage

On Monday, the Chief Executive Officer of Intel Corp Pat Gelsinger said that the shortage of semiconductors could last for several years.

Mon, 31 May 2021 15:00:07 GMT

Ethereum surges more than 8%

Ethereum, the second-largest cryptocurrency by market capitalization, surged more than 8% to $2,587 on Monday.

Mon, 31 May 2021 14:00:08 GMT

Stock indices surge

During Monday's trading hours, stock indices around the world surged, as US fiscal stimulus was expected to boost the global economy.

Mon, 31 May 2021 13:00:08 GMT

OECD raises forecast

On Monday, OECD stated that the organization would raise its global growth forecast due to coronavirus vaccination and US fiscal stimulus.

Mon, 31 May 2021 12:00:08 GMT

Asian shares surge

During Monday's Asian trading hours, stock indices in Asia surged and extended their rally into a third week.

Mon, 31 May 2021 11:00:08 GMT

Nestle receives criticism

On Monday, Nestle announced that due to receiving bad feedback in regards to unhealthy nutrition the company would change its strategy.

Mon, 31 May 2021 10:22:09 GMT

Ethereum recovers

During Monday's US trading hours, the price for Ethereum recovered, as a 5% surge occurred.

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