American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
Tag: Stocks and Bonds
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Your Thursday Briefing: Bank Fears Resurface
Also, South Korea’s leader visits Japan and Russia gears up for more cyberattacks.
The fallout from Silicon Valley Bank’s collapse spreads to an Indian tech company.
Nazara Technologies, a mobile gaming company, said two of its subsidiaries had together more than $7.7 million in balances at the failed bank.
U.S. Courts India as Technology Partner to Counter China
American and Indian officials are working toward new partnerships in defense technology, advanced telecom and semiconductors.
China’s Great ‘Zero-Covid’ Guessing Game
Companies, investors and global policymakers are trying to divine when the Chinese government will drop its strict restrictions. It comes down to one man: the country’s top leader, Xi Jinping.
Kwasi Kwarteng Is Fired as U.K. Finance Minister
Kwasi Kwarteng, the chancellor of the Exchequer, was under pressure to reverse his fiscal plan after it rattled markets and prompted an open backlash among politicians.
Kwasi Kwarteng, Top U.K. Finance Official, Cuts U.S. Trip Short
Kwasi Kwarteng, the chancellor of the Exchequer, is under pressure to reverse his fiscal plan after it rattled markets and prompted an open backlash among politicians.
Wall Street Remains Unsteady After a Painful Stretch for Investors
Concerns about rising interest rates and the prospects of a global slowdown remain.
Five State-Run Chinese Giants to Delist From U.S. Stock Exchanges
The companies, collectively worth hundreds of billions of dollars, issued a flurry of statements amid tensions between Beijing and Washington over regulation and broader political issues.