Starting in the 1990s, at the end of the Cold War, climate change became a fixation for rich-country politicians and elites. There was relative peace and trust across the world, broad economic growth and swift progress being […]
Honeywell (Nasdaq: HON) and Air Products (NYSE:APD) jointly announced today that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This […]
US conglomerate Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. LNG equipment specialist Air Products and Honeywell revealed the move […]
BP, Mitsui & Co., Shell, and TotalEnergies each agreed to buy a 10 percent equity stake in Adnoc’s LNG export terminal in UAE’s Al Ruwais. Adnoc will retain a 60 percent majority stake. Adnoc revealed […]
HOUSTON, July 10 (Reuters) – Oil prices settled higher on Wednesday after a jump in U.S. refining activity last week drove a larger-than-expected decline in gasoline and crude inventories, but gains were capped due to […]
Powell to Congress: Higher rates are “the absolute best thing we can do for the housing market…” – “…particularly for younger people who are not yet in the housing market.” By Wolf Richter for WOLF STREET. However we […]
Rachel Reeves has blamed the Tories for wrecking the economy during their 14 years in power The UK’s new Labour government has inherited the worst economy since the Second World War, the newly appointed Chancellor […]
Daily Standup Top Stories BP Shares Plummet on $2 Billion Impairment Warning July 9, 2024 Mariel Alumit Shares in BP fell by as much as four percent this morning after it warned it was expected to […]
Listing prices in June flat YoY and below June 2022. Mortgage rates still at 7%. Prices way too high. Something has to give. By Wolf Richter for WOLF STREET. New listings of homes for sale have been rising, […]
But used EV prices still +61% from Jan. 2020, used ICE vehicles +31%. When will they bottom out? Compact cars approach affordability again. By Wolf Richter for WOLF STREET. Prices of used cars, SUVs, pickup trucks, and vans […]
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