Boeing backed Wisk Aero, a 2019 startup looking to offer an electric air-taxi service in congested cities, has now debuted the sixth generation of its remote-piloted air-taxi. The company touts the pilotless yellow, all electric […]
September saw the US increase its exports of Liquified Natural Gas (LNG) to Europe according to a report by Reuters which examined data from Refinitiv Eikon. However exports were below normal for the year so […]
Citi analysts are warning that the euro area could suffer a meltdown on the same scale of the meltdown a decade ago, according to a report by CNBC. The main threat they identified to the […]
On Friday, the United States issues a new package of export restrictions designed to further curb China’s access to US semiconductor technology. The Department of Commerce published the new rules on its website, including a […]
German retail sales declined 1.3% month on month in August, coming in worse than expert’s predictions of a 1.1% decline, according to new data from the Federal Statistical Office (Destatis) released Friday. It follows on July’s downwardly […]
Natural gas prices were volatile as traders compared strong LNG imports across Europe against potential supply disruptions caused by Russia’s escalation of the conflict with Ukraine. Dutch front-month futures rose by up to 3.4%, after […]
Constellation Brands CEO Bill Newlands was extolling how recession-proof premium-priced Corona and Modelo beers have proven. In an interview Newlands said, “Consumer demand has been very strong. We have the benefit in this industry in […]
One expert is predicting the Federal Reserve will be willing to push the economy into a recession if that is what it takes to stifle inflation. BMO senior economist Jennifer Lee said in an interview […]
On Friday Russian President Vladimir Putin signed a decree which will transfer Russia’s Far-Eastern Sakhalin-1 oil and gas project, which is currently being led by Exxon Mobil, to a legal entity. Under the decree, the […]
Strikes at TotalEnergies and ExxonMobil’s Esso France refineries have shut down refinery operations and left nearly 30% of gas stations in France lacking fuel. French media are reporting huge lines at gas stations, due to […]
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