The CEO of Hess Corporation told CNBC on Tuesday he believes the U.S. and other nations should be doing more to help stabilize oil prices, as the Russia-Ukraine war continues to impact energy markets. “The oil market now is in the intensive care unit, and we need to act,” John Hess said in an interview […]
On Friday, Disney+ announced that it will soon offer a cheaper ad-supported subscription plan. It’s the latest in a series of changes made by on-demand streaming service providers, including Netflix, Amazon Prime, HBO Max and Hulu. Pricing for the new tier hasn’t been announced yet, but it’s assumed to be cheaper than Disney’s current ad-free […]
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russia’s sovereign debt as a result of the Ukraine crisis would spill over to emerging markets, including China. “If Russia does default on its […]
With oil trading at the highest level since 2008, will the rapid ascent in prices spur the energy transition? Original news source Credit: www.cnbc.com
Shell officially changed its name on Friday, ditching “Royal Dutch”, which has been part of its identity since 1907. Rick Wilking | Reuters Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedicated to humanitarian aid for Ukraine. […]
Strong hiring in the leisure and hospitality, health-care and professional and business services sectors helped job growth surge in February. The leisure and hospitality sector, which the Covid-19 pandemic has hit especially hard, added more than 179,000 jobs in the second month of 2022. The gain represents the latest in a string of strong numbers […]
Italy is home to some of the world’s most famous cities, art, wine and beaches. Think Florence, Rome and Venice with their abundant Renaissance architecture and well-known galleries, Tuscany with its globally-renowned vineyards and the glamorous Amalfi coast with its see-and-be-seen vibe. While these places are an obvious draw for travelers, Italians themselves prefer to […]
Issues are nonetheless wanting up for bitcoin regardless of an eye-popping drop in its value at first of this week, based on Fairlead Methods. Bitcoin fell 7% Monday as merchants took income from a two-month rally now at 54%, based on Coin Metrics. The promoting occurred days after bitcoin surpassed the $40,000 degree, rising above […]
