Utilities’ Cinderella Story Is Just Getting Started
Artificial intelligence has kindled investors’ interest in a once-sleepy sector. The growth is just getting started, Patti Domm writes in a guest commentary.
Artificial intelligence has kindled investors’ interest in a once-sleepy sector. The growth is just getting started, Patti Domm writes in a guest commentary.
Russia is expanding its weapons production by buying secondhand equipment through China in order to evade Western sanctions, a new report states.
Greenland’s massive rare earth deposit, acquired by a Nasdaq-listed company, could significantly reduce the West's dependence on China for critical minerals.
A 58-year-old lobster dealer with a long and infamous past in southwest Nova Scotia has been handed five years in prison for defrauding a fisheries company of what the prosecutor in the case says was more than a million dollars.Terry Banks, a Brooklyn, N.S., man with a prior record for large-scale fraud, was sentenced Wednesday by Nova Scotia Supreme Court Justice Pierre Muise, in a case that reverberated in the lucrative lobster industry when charges were first laid in 2017.Crown prosecutor Ric
Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised concerns about the crude oil arriving on the line, a regulatory filing showed. The U.S. West Coast refining market is expected to be a major outlet for the Canadian heavy oil shipped via the Trans Mountain pipeline expansion, called TMX. Trans Mountain last week said it would replace the existing pool of "Low TAN (Total acid number) Dilbit" with a pool of "Pacific Cold Lake," or bitumen diluted with crude having a density of less than 800 kilograms per cubic meter.
(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
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...
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.
According to a recent survey from CivicScience, 25% of people do not expect to retire before 70. For Gen Xers and baby boomers, retirement is likely just around the corner. This means they have only a...
Retiring comfortably takes proper retirement planning, so the earlier you start the better. The amount you'll need largely depends on where you live. According to a recent GOBankingRates study...
China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the world's two most populous countries, officials said. India-China relations have been tense since the biggest military confrontation in decades on their disputed Himalayan border killed 20 Indian and at least four Chinese soldiers in June 2020. Since the clash, India has made it difficult for Chinese companies to invest, banned hundreds of popular apps and severed passenger routes, although direct cargo flights still operate between the Asian giants.
The European Union's anti-subsidy investigation into Chinese electric vehicles has cooled Chinese firms' EV sales and harmed their confidence in investing in Europe, a survey of Chinese EV companies showed on Wednesday. Some 82% of vehicle and industry chain firms said the subsidy investigation had eroded their confidence in investing in Europe in the near future, the survey by the China Chamber of Commerce to the EU and the China Economic Information Service showed. The poll, conducted in April and May, was part of a report on Chinese EV manufacturers and Europe.
Tesla is implementing a system to reward "exceptional performance," according to an email viewed by Business Insider.
The bargaining team of the Ontario public sector union issued a strong warning to the provincial government and the Liquor Control Board of Ontario (LCBO) on Tuesday, expressing their dissatisfaction with the current state of collective bargaining. Colleen MacLeod, the chair of the board employees division, accused Premier Doug Ford of pursuing a backroom deal that would result in a significant loss of public funds. Following a historic vote, in which 97 per cent of LCBO workers supported strike action if necessary, the bargaining team announced plans to initiate a strike in early July. "We also requested a no-board report, which was issued today, which will put us in a legal strike position as of 12:01 on Friday, July 5th,” MacLeod said.
China's commerce ministry said on Wednesday that it had urged Britain to stop sanctioning Chinese firms after the country sanctioned five Chinese companies over their links to Russia. Britain last week imposed its first sanctions targeting vessels in Russian President Vladimir Putin's "shadow fleet" that it said was used to circumvent Western sanctions on the trade in Russian oil.
LOS ANGELES (AP) — The federal judge presiding over the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL voiced frustrations Tuesday with the way the plaintiffs' attorneys have handled their side of the case.
Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” said John Murphy, Bank of America Securities analyst, at his annual presentation of “Car Wars,” a closely watched industry report. Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be competitive with EV manufacturers like Tesla, as well as carmakers abroad.
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "Luxury shaming" in China could be a factor.
Business leaders have lost the trust of staffers, and they haven’t created meaningful mental health programs.
Most people envision a retirement of financial freedom in which they do more or less as they please. For some, this means taking all of those overseas vacations they've held off on their whole lives,...
Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping festival events, as China's major e-commerce players remain locked in a heated battle to get consumers to open their wallets amid the country's economic slowdown. Both e-commerce giants declared victory as they fend off competition from rivals Pinduoduo, operated by Temu owner PDD Holdings, and Douyin, the Chinese equivalent of TikTok