OPEC Oil Output Again Misses Target In June As Outages Weigh - Survey
OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary declines in Libya and Nigeria offset supply increases by Saud…
Richest Person In The Philippines Sold Fish In Market As A Kid
Manny Villar’s net worth is valued at $7.8 billion as of July 2022.
Why Tesla Won’t Always Be An EV Leader: Ford, GM Expected To Lead Market By 2025 [Study]
"There's huge opportunity for manufacturers to shoot the gap and catch up a bit," John Murphy, senior auto analyst at Bank of America, said.
Eurozone Inflation Hits Record, As Gas Crunch Looms
Eurozone inflation hits record, as gas crunch looms
Back To The Future? Cargo Giant Cargill Turns To Sails To Cut Carbon
In a new take on ancient technology, Cargill, one of the world's biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test whether wind power can cut its carbon…
Chip Stocks Fall As Micron Outlook Signals Easing Demand
A handful of companies including chipmakers Micron and AMD are signalling an easing in the two-year long global shortage of semiconductor chips as rising inflation and cooling economies squeeze consum…
Richest Man To Ever Live May Not Be Elon Musk
Mansa Musa, a 14th Century West African ruler, is believed to be the richest man of all time, with a net worth valued at $400 billion.
Metaverse Years From Being Global Phenomenon, Says Pioneer
Metaverse years from being global phenomenon, says pioneer
Toyota Unveils Its First Mass Market Hybrid Car For India, Emerging Markets
Toyota Motor Corp on Friday unveiled its first mass market hybrid car for India, a sport utility vehicle (SUV), charting a new course for the Japanese automaker in one of the world's fastest growing c…
Russia Tightens Control Of Sakhalin-2, Raises Stakes In Economic Tit-for-tat
President Vladimir Putin signed a decree on Thursday to take charge of the Sakhalin-2 gas and oil project in Russia's far east, a move that could force Shell and Japan’s Mitsui and Mitsubishi to aba…
Hyundai Motor's Union In S.Korea Vote On First Strike In 4 Years
Hyundai Motor Co's unionised workers in South Korea vote on Friday to decide whether to go on a strike for the first time in four years over demands for higher wages and anger the management was prior…
Striking Paris Airport Worker Wants His Wages To Soar
Three times a week, Loris Foreman, a ground handling agent at Paris' main international airport Roissy-Charles de Gaulle, drives to his workplace, coffee in hand, before sunrise.
Some Investors Bet Top Growth Stocks Will Thrive In US Recession
Concerns about a possible U.S. recession are prompting some fund managers to rotate back into the big tech and growth winners of the last decade in the hope that they can better weather an economic st…
How Russia's War Blindsided The World Of ESG Investing
Russia's invasion of Ukraine has exposed a gap in socially-minded investing – a hands-off approach to geopolitics and human rights.
Caterer Sodexo Serves Up Quarterly Sales Beat As Volumes Rebound
French catering and food services group Sodexo on Friday reported better-than-expected revenue for the third quarter with strong growth in all business segments and geographies, helped by price hikes …