The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to two people familiar with the case. If the Commission concludes that […]
The Biden administration unveiled final rules Friday for lucrative electric vehicle tax credits that attempt to balance trying to boost EV adoption to fight climate change with curbing China’s dominance of the supply chain. But […]
Such an investigation would “achieve nothing,” the Swedish Foreign Ministry told the agency There is no need for an international investigation into the explosions on the Nord Stream 1 and 2 natural gas pipelines, Sweden’s […]
Weekly Daily Standup Top Stories Biden Administration Finalizes Power Plant Rule April 27, 2024 Stu Turley ENB Pub Note: I will discuss this article on the Daily Energy News Beat Stand Up. Look at the two […]
New all-time highs: Construction, Professional & Business Services, Healthcare, Wholesale trade. Layoffs whack Information. By Wolf Richter for WOLF STREET. Earlier today, we discussed the overall labor market. But each industry faces its own unique labor market. In […]
By Wolf Richter for WOLF STREET. In April, employers added 175,000 payroll jobs – excluding farm workers and the self-employed – a slower pace from the upwardly revised March estimate of 315,000 additions, which had been huge. Over […]
Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip below their minimum capital requirements,” Christopher Wolfe, managing director and […]
Anglo American’s board unanimously rejected BHP’s unsolicited all-share takeover offer. Anglo American cited significant undervaluation and an unattractive structure as reasons for rejecting the proposal. Industry insiders believe BHP’s interest in Anglo American is primarily […]
OPEC convened a workshop today to address oil overproduction issues and devise comprehensive compensation plans to make up for previous overages, according to an official OPEC press release. The push for production cut compliance comes […]
(WO) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a new report highlighting the organization’s view that it does not expect global oil demand to peak or plateau by the end of […]
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