Yahoo Finance FTC Sparks Debate: Can One Texas Oilman Move the Price of Crude?
The regulator alleges Scott Sheffield attempted to collude with rivals and OPEC oil ministers to limit production.
The regulator alleges Scott Sheffield attempted to collude with rivals and OPEC oil ministers to limit production.
Lawyers for Donald Trump asked the New York judge who ordered the former president to pay nearly half a billion dollars to recuse himself from the case alleging the judge engaged in “prohibited communications” with a real estate lawyer about the case before issuing his decision.
Miners have revealed their enormous pay packets and say they didn't need to go to university to get into their jobs.
Tradies who use their work utes on the weekend or for personal purposes will be in the spotlight this tax time.
BEIJING (Reuters) -The European Commission sought an unprecedented amount of detailed information on Chinese automakers' supply chains during its investigation into the country's subsidised electric vehicle imports, China's commerce ministry said on Thursday. The Commission, which oversees trade policy for the 27-nation strong European Union, last week slapped extra duties on imported Chinese EVs following the probe, prompting rebuke from Beijing and spying allegations from Chinese state media. China has also launched a dumping investigation into EU pork imports.
Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from Europe's auto industry body showed on Thursday. Germany, the bloc's largest electric vehicle (EV) market, in December brought an early end to subsidies for buying EVs as part of a last-minute 2024 budget deal. It has now seen a year-to-date 16% decline in EV sales, according to the European Automobile Manufacturers Association (ACEA).
Hewlett Packard Enterprise (HPE) announced a new partnership with chip giant Nvidia (NVDA) at its HPE Discover 2024 event in Las Vegas this week, where the former unveiled its "Nvidia AI Computing by HPE" portfolio of AI products. Among these new offerings is the HPE Private Cloud AI. HPE CEO Antonio Neri joins Yahoo Finance's Josh Lipton and Yasmin Khorram "And the core of that, we really focus on the enterprise segment of the market, because when you think about AI, there is the model builders and the hyperscalers, you have the sovereign clouds, and the enterprise," Neri says. "Obviously, we've already seen tremendous traction on the model builder side and the hyperscalers, but we focus on enterprise. And at the core of that is how we deliver a simple AI solution to consume on-premises." Neri was joined onstage by Nvidia CEO Jensen Huang to announce this partnership at Neri's keynote address on Tuesday, June 18. Neri foresees the partnership to "accelerate that adoption" of HPE's enterprise services. Many consumers are still hesitant to engage with AI, which Neri assures he has greatly considered "the human focus" and concern about data security: "And so the point is that we built all of those guardrails into the offer itself. And we believe this is going to help customers feel more comfortable around this. But ultimately is the data-first approach. And we need to make sure that we protect our data." Neri also touches upon Hewlett Packard Enterprise's AI servers and what sets them apart from the rest of the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
(Bloomberg) -- The burning of excess natural gas from global oil fields hit its highest level since 2019 last year, spewing enough pollutants into the atmosphere to equal those from an extra five million cars, according to a World Bank report.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece
Chinese car firms have asked Beijing to take "the most stringent measures" against the European Union after the bloc raised import tariffs on its electric vehicles (EV). An online media outlet under state broadcaster CCTV on Wednesday also made accusations of "snooping" into China's EV technology. The Yuyuantantian news outlet's social media account cited a closed-door meeting at China's Ministry of Commerce on Tuesday involving four Chinese and six European firms plus trade groups. Do you have
The energy market operator has warned of a gas shortfall this winter due to increased demand.
Our research looked at alternative jobs on offer for 766 NSW coal mine workers. We found some, like electricians, would find work easily – but without local retraining, others may have had to move.
It's the second food safety concern at the restaurant in the last month.
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
Politicians will be getting a pay rise from July 1 and the news hasn’t gone down well with some Aussies.
Higher taxi fares could be coming for Aussies in these states. Here’s how much prices would go up.
Japan's factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened and cost pressures intensified, a business survey showed on Friday. "Japan's private sector expansion stalled midway into the year," said Jingyi Pan, economics associate director at S&P Global Market Intelligence, which compiled the survey.
(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
‘Stop showing millionaires as if they were normal people with normal jobs and normal concerns,’ one fan wrote
(Bloomberg) -- Oil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge Fund Talent Schools Are Looking for the Perfect TraderWest Texas Intermediate’s more-acti
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 them. The case hinged around an oil drilling project at Horse Hill in Surrey, granted planning permission by Surrey County Council in 2019.
Insolvencies for Australian businesses have reached a record high as high inflation, elevated interest rates and weaker consumer demand squeezes margins.