Yahoo Finance New Energy Forecast Points to Cheaper Oil—and Gasoline
The IEA says oil demand is likely to top out around 106 million barrels per day by the end of the decade, while production capacity could be as high as 114 million barrels.
The IEA says oil demand is likely to top out around 106 million barrels per day by the end of the decade, while production capacity could be as high as 114 million barrels.
Tradies who use their work utes on the weekend or for personal purposes will be in the spotlight this tax time.
The richest family in the United Kingdom is facing a reckoning in Swiss court over allegations that they subjected servants to deplorable conditions and engaged in outright human trafficking.Earlier this week, Swiss prosecutor Yves Bertossa accused four members of the Hinduja family of spending more per year on their dog than on pay for members of their staff.In the most egregious case, prosecutors said, a staff member was allegedly paid less than $8 “to work for up to 18 hours a day, seven days
A recent change in the law means there is an easier way for Aussies to provide proof when calling in sick.
The future of new oil and gas projects in the UK has been thrown into doubt following a landmark decision by the Supreme Court. The court concluded the environmental impact of emissions from burning fossil fuels must be considered in planning applications for new extraction projects - not just the impacts of the emissions produced in extracting the oil. The case hinged around an oil drilling project at Horse Hill in Surrey, granted planning permission by Surrey County Council in 2019.
ANALYSIS: The company’s rise reveals the the underpinnings of today’s AI explosion, writes Anthony Cuthbertson
MADRID (Reuters) -China's dumping probe into EU pork imports following duties slapped on Chinese EVs caught Spain's pig farmers on the hop this week, but the sector has shown it is resilient and is far less vulnerable than the bloc's car industry. Spain supplied 22% of China's imported pork in 2023, worth 1.2 billion euros ($1.29 billion), and stands to lose more than any of the bloc's members from the probe into underpriced pork after the EU took aim at China's subsidised electric vehicle imports last week. "It was like a shock of cold water, we didn't expect it," said Giuseppe Aloisio, general director of the National Association of Spanish Meat Industries (ANICE).
German automotive supplier Bosch has issued a stern warning to Chinese electric vehicle (EV) makers that an escalating price war would not only hurt their profitability but also dent their stature as global industry leaders. David Xu Daquan, president of Bosch China, told reporters at a media briefing on Tuesday that he had made a proposal to Chinese President Xi Jinping to create a fair and orderly market-based mechanism to avoid cutthroat competition among the country's carmakers and supply-ch
SHANGHAI/BEIJING/BERLIN (Reuters) -Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs, the state-backed Global Times newspaper said on Wednesday. In a closed-door meeting on Tuesday also attended by European car companies, China's auto industry "called on the government to adopt firm countermeasures (and) suggested that positive consideration be given to raising the provisional tariff on gasoline cars with large-displacement engines," according to the report. The meeting, organised by China's Ministry of Commerce, was held in Beijing and attended by SAIC, BYD , BMW, Volkswagen and its Porsche division, two people with direct knowledge of the matter said.
Politicians will be getting a pay rise from July 1 and the news hasn’t gone down well with some Aussies.
(Bloomberg) -- As in past disputes, China looks to be readying a series of actions to punish the European Union for its proposed tariffs on electric cars.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesThings were
It's the second food safety concern at the restaurant in the last month.
(Reuters) -A U.S. official was heading to Japan after meeting with the Dutch government to urge the allies to further restrict China's ability to produce cutting-edge semiconductors, two people familiar with the matter told Reuters. Alan Estevez, the U.S. export policy chief, is visiting both countries this week as part of attempts to expand a 2023 agreement between the three countries to keep chipmaking equipment from China that could help to modernise its military. In a response on Wednesday, Chinese foreign ministry spokesperson Lin Jian said China was opposed to the U.S. "coercing other countries and suppressing China's semiconductor industry".
A police officer charged with giving false evidence during Jack de Belin’s court proceedings has appeared in court for the first time.
EV company Fisker (FSRN) has filed for Chapter 11 bankruptcy, listing between $500 million to $1 billion of assets and $100 million to $500 million of liabilities. The New York Stock Exchange (NYSE) delisted Fisker in March over its "abnormally low" stock price. Yahoo Finance's Morning Brief team reports on FIsker's filing and the inherently competitive nature of the electric vehicle landscape. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
(Bloomberg) -- Oil steadied ahead of the release of weekly inventory data from the US that may show another rise in nationwide crude inventories.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesBrent was little cha
Insolvencies for Australian businesses have reached a record high as high inflation, elevated interest rates and weaker consumer demand squeezes margins.
Though your pre-retirement income alone isn't enough to determine if you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you allocate...
New research finds nearly 60% of workers who are not contributing to their 401(k) think they are.
The former president's cognition is under the microscope after a series of alarming reports.
Lisa Wilkinson has made a big claim about the actions of Bruce Lehrmann on the night he raped Brittany Higgins, as he seeks to appeal the Federal Court finding.