Tesla Offers Rebates On Top Of Price Cuts In China
On Friday, Tesla announced that in China, if a new buyer could show a referral from an existing owner of a Tesla vehicle, the company would offer a cash bonus…
Shell CEO Notes Cutting Oil And Gas Production Would Be Dangerous
Wael Sawan, the CEO of British energy firm Shell, has launched a staunch defense of the world’s usage of oil and gas, saying that any attempt to reduce the world’s…
GSK’s Malaria Vaccine To Be Rolled Out In Africa
On Wednesday, the World Health Organization (WHO) announced that the first malaria vaccine in the world is set to be rolled out in Africa, where over the next two years,…
German Banking Giants Sued By Gazprom
On Tuesday, Interfax news agency reported that according to arbitration court files, RusChemAlliance (RCA), a joint venture which Russia’s state-owned energy giant Gazprom holds a 50% stake in, has filed…
China Says Metal Export Restrictions Just The Beginning
An influential Chinese official warned Wednesday that the export controls China imposed on key components for computer chip manufacturing are “just the beginning,” of China’s response to the West’s attempts…
Demand For US LNG Surges Amid Fears Of Impending Shortage
On Tuesday, the Financial Times reported that amid fears of an impending shortage in supplies, energy companies from the EU and China are scrambling to secure shipments of US liquified…
China Strikes Back In Semiconductor War With US
The battle over semiconductor technologies between the US and China heated up, as China sought to retaliate against US export restrictions by restricting its own export of two key raw…
Russia And Saudi Arabia Team Up On More Crude Production Cuts
On Wednesday, Saudi Energy Minister Prince Abdulaziz bin Salman said that the latest round of production cuts by the world’s biggest exporters, Russia and Saudi Arabia is more evidence of…
China Urges Shift From Dollar To Local Currencies For SCO Trade
Xi Jinping, the President of China, has issued a call to increase the use of national currencies to settle trade obligations between members of the Shanghai Cooperation Organization (SCO). The…
Airbus Deliveries For Q1 and Q2 Up 6% YoY
On Thursday, industry sources reported that Airbus deliveries rose by 6% for the first half of the year, hitting 316 aircraft. In June the European plane manufacturer delivered 72 aircraft,…
