Category: Business
How Big Oil is selling polluting assets to look green
An oil flare burns at the Repsol oil refinery complex in Cartagena, Spain. Repsol was one of the top asset sellers between 2017 and 2021 in EDF's analysis.Bloomberg | Bloomberg | Getty ImagesOil and gas giants are increasingly selling
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Stock futures fall as Wall Street tries to build on recent recovery
US stock futures were lower early Wednesday morning as investors tried to build on a solid rally on Tuesday.Futures on the Dow Jones Industrial Average lost 88 points, or 0.27%. S&P 500 futures were down 0.42%, while Nasdaq 100
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Test site for FastBlade tidal turbines opened in Scotland
A picture of the £4.6million FastBlade facility. Scotland has long been associated with oil and gas exploration in the North Sea, but in recent years has also become a hub for companies and projects focused on tidal power and
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EU lifts mask requirement for flights and airports
Even pilots had to wear masks on board. Here, a first officer wears a protective face mask while performing pre-flight checks in the cockpit aboard a passenger aircraft operated by Wizz Air at Liszt Ferenc Airport in Budapest, Hungary.Bloomberg
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Enterprise and desktop PCs are still “a healthy market” while personal PCs are experiencing a slowdown, says Micron CEO
Micron Chief Executive Sanjay Mehrotra said CNBC's Jim Cramer Thursday that the enterprise and desktop PC market remains healthy, although the personal PC market is experiencing a slowdown."It's not like anything falls off a cliff," Mehrotra said in an
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Bel Air mansion flops at auction after listing for $87.8 million
An over-the-top modern mansion in Bel Air sold for $87.8 million this week. But the highest bid was just under $45.8 million, according to the home's seller, dermatologist-turned-developer Alex Khadavi."Terrible, terrible, terrible!" this is how Khadavi characterized the auction
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South Africa’s economy is threatened with a downturn
Durban, South Africa - April 16, 2022: Massive debris in Durban Harbor after torrential downpours, mudslides, rain and wind in Durban. The port serves as a bulwark for the economy of the city of Durban.RAJESH JANTILAL/AFP via Getty ImagesSouth
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China could take on more debt if lockdowns hit economy
The Covid lockdowns have hit China's economy and the Asian giant may need to issue more debt to continue meeting its growth target.Kevin Frayer | News from Getty Images | Getty ImagesChina may have to issue more debt as
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Is Japan open to travelers? Some locals are unwilling to reopen borders
As countries across Asia reopen to international travellers, Japan - one of the continent's most popular travel destinations - remains firmly closed.This could change soon. Prime Minister Fumio Kishida announced at a press conference in London on Thursday that
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Stock futures are higher after the S&P 500 fell to its lowest level in more than a year
US stock futures fluctuated between positive and negative territory Monday night after the S&P 500 fell to its lowest level in more than a year.Dow Jones Industrial Average futures were last up 107 points, or 0.33%. S&P 500 and
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