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.
"We all knew something was going on with him and another employee. Months later, he wouldn't give me three days off because my niece died of SIDS. So I walked out, bought a $30 burner phone, and texted his wife his phone password. They got divorced."
Ontario Pharmacists Association says seniors are experiencing barriers when it comes to accessing schedule 2 vaccines such as shingles. Jen Belcher, a Kingston pharmacist and VP of the Ontario Pharmacist Association explains the policies that need to be changed.
SANTANDER/MADRID (Reuters) -Leading EU pork exporter Spain on Monday said it was working with European Union officials to avoid damaging tariffs after Beijing said it would open an anti-dumping inquiry. China's investigation appears mainly targeted at Spain, the Netherlands, France and Denmark, the three biggest EU exporters of pork to China. Its announcement follows one from the European Commission last week that it would impose anti-subsidy duties on imported Chinese cars from July.
Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends to do with its cash pile. GameStop shares were down 11.6% at $25.38 on Monday afternoon after the annual general shareholder meeting, which lasted about 20 minutes. Cohen said he anticipates the business will be operated with “a smaller network and more value-added" items as part of the company's attempt to boost sales and profitability.
Chinese smartphone giant Vivo is said to be in talks to sell its stake in a factory in India to domestic conglomerate Tata Group, according to a report by local media Moneycontrol, as the South Asian nation tightens its scrutiny of foreign businesses operating in the country. Tata is considering the acquisition of a majority stake in Vivo's Indian unit, and the talks are in "an advanced stage", Moneycontrol reported on Friday, citing an anonymous source. Vivo, according to the source, is seeking
At the current rate of progress businesses risk failing their net-zero targets because of inexperienced Gen Zers, LinkedIn's new report warns.
BEIJING (Reuters) -China has opened an anti-dumping investigation into imported pork and its by-products from the European Union, a step that appears mainly aimed at Spain, the Netherlands and Denmark, in response to curbs on its electric vehicle exports. The investigation announced by China's commerce ministry on Monday will focus on pork intended for human consumption, such as fresh, cold and frozen whole cuts, as well as pig intestines, bladders and stomachs. It was prompted by a complaint submitted by the China Animal Husbandry Association on June 6 on behalf of the domestic pork industry, the ministry said.
German firms in China have yet to revise their business plans in response to the European Union's new tariffs on Chinese electric vehicles and potential retaliation from Beijing, as they wait for the outcome of political negotiations, according to a business advocacy group. The European Union's tariffs on Chinese electric vehicles cannot offer protection to German carmakers or increase their competitiveness, said Maximilian Butek, executive director of the German Chamber of Commerce in East Chin
Beijing WeLion New Energy Technology, a maker of semi-solid-state batteries for electric vehicles (EVs), reported a jump in delivery volume last month, the latest sign that Chinese EV builders are incorporating advanced technology to extend the driving range of their premium models. The company, backed by Shanghai-based EV producer Nio, supplied 482.9 megawatt hours (MWh) of batteries to carmakers in May, up 30.9 per cent from a month earlier, according to the China Automotive Battery Innovation
"Gen Xers are reaching crunch time for retirement planning. For Gen Xers, retirement is no longer this far off idea."
SINGAPORE (Reuters) -Pork suppliers from South America and the U.S. could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and analysts said. Russia, increasingly a close trading partner of China that started exporting pork to China in February, could also step up meat shipments. China's commerce ministry said on Monday it had opened an anti-dumping investigation into imported pork and its by-products from the EU, after the bloc imposed anti-subsidy duties on Chinese-made electric cars.
The bank, which has been facing regulatory push back for alleged non-compliance with anti-money laundering regulations, intends to boost its presence in a highly saturated local market by expanding its reach to tech firms through the new unit, TD Innovations Partners. Shez Samji, a tech banker hired from the Canadian arm of failed U.S. lender Silicon Valley Bank last year, will head the new unit. "We're focused on enhancing and curating the banking experience for technology companies and their founders so they can spend more time creating and growing their business," Samji said in a statement.
(Bloomberg) -- China has reduced power generation from fossil fuels as output from sunlight and water surges, feeding hopes that the world’s biggest polluter may have peaked emissions years before its own deadline.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024What to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Funds’ Secret Weapon to Fight the SEC Lives in TexasEx-Trump
The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles. The Commerce Ministry didn't mention the EV tariffs when it announced Monday that it is opening an anti-dumping investigation into pork from Europe, but the move is widely seen as a response to the EU move on electric cars. It also gives China a bargaining chip in any trade negotiations.
Looking to catch a flight this summer? Prepare to open your wallet even wider.
We recently compiled a list of 15 Most Watched TV Shows of 2024 and in this article, we will discuss the most watched TV show of 2024. Overview of the Film and TV Industry The film and TV industry is a major source of revenue generation and employment across the globe. According to a report […]
Boeing and GE Aerospace did not immediately respond to Reuters' requests for comment. Culp on several occasions had said he was not interested in the job. In April, Culp told Reuters he can best serve Boeing by being its best supplier.
Fast food chain McDonald's is giving up on its AI-powered drive-thru bots, following a string of hilarious, albeit embarrassing failures that resulted in unlucky customers ending up with over $250 worth of chicken McNuggets and unwanted packs of butter. According to industry publication Restaurant Busniess, McDonald's is terminating its drive-thru AI test, a joint […]
China’s probe into European pork follows EU tariffs on Chinese-made electric vehicles.
PARIS/MILAN (Reuters) -China's richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy that predicted the weakest global luxury market since the height of the pandemic. Global sales of personal high-end goods - spanning clothing, accessories and beauty products - this year will be between flat and 4% higher year-on-year, at constant rates, Bain forecast in its twice-yearly luxury report, closely watched in the fashion world. That would be the weakest sales growth since 2020 when sales collapsed during the COVID-19 pandemic.