On Sunday, Welt am Sonntag reported that a local McKinsey study showed that within the next two years, Germany could be facing power shortages as demand rises and the nation’s…

This week Bloomberg reported that Norilsk Nickel, the Russian mining giant, has begun selling metal to China at prices set in yuan in Shanghai, as the global trade in commodities…

On Monday, Bloomberg reported that as soon as this week, Meta Platforms is planning to cut thousands of jobs in a new round of layoffs. The new layoffs will come…

Tanzania’s energy ministry has revealed that Tanzania, Norway’s Equinor and Britain’s Shell have completed negotiations to construct a $30 billion liquified natural gas (LNG) terminal and contracts are being prepared…

Tesla is cutting prices yet again, seeking to boost sales and pump up its top line. Both the Model X and Model S luxury Electric Vehicles are getting a price…

A Caixin survey released on Friday showed that Chinese services sector activity rose sharply in February as the removal of most Covid-19 pandemic restrictions allowed the Chinese economic recovery to…

On Saturday, Bloomberg reported that the EU ban on the sale of new combustion-engine cars was postponed following calls from luxury carmakers Ferrari and Porche to give synthetic fuels an…

According to a new report from Bloomberg, in February, bankruptcies soared in Sweden, marking the seventh consecutive month to see insolvencies increase, as household consumption declined, and construction companies felt…

In a report this week, Reuters reported that JPMorgan is predicting that despite numerous Western sanctions packages rolled out against Russia, Russian oil drillers will continue to maintain high production…

Argentinian agri-biosciences firm Bioceres announced this week that the Brazilian government’s National Biosafety Commission approved the company’s drought resistant, genetically modified strain of wheat, HB4 wheat for cultivation, production, and…