Business

In this article STAN-GB Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world. Imaginima | E+ | Getty Images LONDON — The CEO of Standard Chartered believes it’s “ridiculous and naive” to think fossil fuel production can be immediately
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Loading chart… Fluor Corp: “Under no circumstance do you want to buy Fluor. That business is way too hard.” Loading chart… Plains All American Pipeline LP: “I’d rather do Enterprise Products Partners or Oneok, but I have to admit, Plains is making a comeback.” Loading chart… Transocean Ltd: “They can be okay.” Loading chart… Tilray
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In this article GS SRG-IT Masdar says Egypt’s abundance of solar and wind will “allow generation of renewable power at a highly competitive cost – a key enabler for green hydrogen production.” Ute Grabowsky | Photothek | Getty Images The UAE’s Masdar and Egypt’s Hassan Allam Utilities have signed agreements with state-backed Egyptian organizations that
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China’s capital city of Beijing reported a spike in Covid cases over the weekend and began mass testing Monday in the business district of Chaoyang. Within the district, one community that’s pictured here became classified as a high-risk area. Jiang Qiming | China News Service | Getty Images BEIJING — China’s capital of Beijing warned
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In this article WBD Executive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham Huntington, Pasadena on January 6, 2018 in Pasadena, California. Frederick M. Brown | Getty Images Chris Licht wasn’t supposed to start his
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Still from “Doctor Strange in the Multiverse of Madness.” Disney Superhero flicks have kept the box office afloat this year, spurring movie theater operators to think that audiences might finally be ready to return to cinemas en masse. Domestic ticket sales for the first four months of the year are still down around 40% compared
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In this article PEP Following Moscow’s invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers.   As of April 22, more than 700 U.S. companies have scaled back, suspended or exited their Russian businesses, including Starbucks, McDonald’s and Pepsi, according to the Yale School of Management. Russia is Pepsi’s second-largest international market, after
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CNBC’s Jim Cramer on Friday advised investors to buy stock of Excelerate Energy while it’s a steal. “The stock’s a bit cheaper than Cheniere Energy, which is the king of LNG exports here in the U.S., at least when you judge them based on last year’s earnings before interest, taxes, depreciation and amortization. … Valuation
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