BMW has got its timing right for beefing up electric cars: CEO
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German carmaker is behind on electrification and could make its stock...
FTSE 100 ends flat as banks, consumer discretionary stocks weigh
London’s FTSE 100 ended flat on Monday, as weakness in banks and consumer discretionary stocks outweighed gains in defensive sectors, although further easing of lockdown measures in England paved...
Sinopec aims for carbon neutrality by 2050, plans pivot to hydrogen
China’s Sinopec Corp, Asia’s largest oil refiner aims to be carbon neutral by 2050, with its near-term strategy focused on natural gas development and a long-term pivot to hydrogen,...
World shares rebound as investors weigh economy against diplomacy
Global shares bounced back on Friday, with Asian stocks recovering from a three-month low, as investors focused more on optimism about the global economic recovery than rising tensions between...
Ship stuck in Suez like a ‘beached whale’, firm aiming to free it says
Efforts to dislodge a 400 m (1,312 foot) long container vessel that has choked traffic along the Suez Canal resumed at high tide on Thursday, with five tugs working...
Asian shares hit two-week lows, dollar gains as investors scurry for cover
Asian shares skidded to a two-week trough on Wednesday and the dollar neared four-month highs as coronavirus lockdowns in Europe and potential U.S. tax hikes hit risk appetite, leading...
China worries weigh on Asian stocks
Asian stocks reversed earlier gains on Tuesday, dragged down by declines in Chinese markets, which were jolted by a new round of sanctions, after ebbing inflation fears had helped...
Oil slips as Europe lockdowns dim demand recovery hopes
Oil prices resumed their decline on Monday, falling more than 1% on renewed concerns that European lockdowns may slow an anticipated recovery in demand for fuel products.
Methane from upcoming coal mines could impact climate more than U.S. coal plants: report
Methane leaks from planned coal mines around the world could have a bigger climate impact than carbon emissions from U.S. coal plants, a research group said on Thursday, detailing...
Oil falls as inventories rise and vaccine rollout stalls
Oil prices fell for a fifth day running on Thursday after official data showed a further increase in U.S. crude and fuel inventories while the ever-present COVID-19 pandemic clouded...
