The Solar Energy Industries Association, American Clean Power Association (ACP), and other clean energy advocacy groups united to bring a $5 million campaign against President Biden and the Commerce Department to end the investigation.
The volume of oil Eni and Repsol are expected to receive is not large, one of the people said, and any impact on global oil prices will be modest.
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up…
We’re not so sure about the whole “shared lunches” thing, but we are sure there will be plenty of celebration here in the UK.
Senior royals gathered on Buckingham Palace balcony for the first time since the pandemic
Biden announced another $800 million in military assistance on Wednesday following a phone call with Ukrainian President Volodymyr Zelenskyy.
Since Moscow’s Feb. 24 invasion, the Biden administration has deployed more than 100,000 U.S. troops to NATO-member countries and authorized $2.6 billion in security assistance.
The Santa Clara chipmaker said it will build a new “mega factory” in Germany as part of the investment, which is being subsidized with public funding.
It also pledged to create a new R&D and design hub in France, and to invest in R&D, manufacturing and foundry services in Ireland, Italy, Poland and Spain.
Intel’s investments are part of a broader package that will see the company invest as much as 80 billion euros in Europe over the next decade.
Amazon shares climbed more than 5% on Thursday after the company announced plans to split its stock for the first time since 1999.
The 20-for-1 split could put the company in contention for inclusion in the Dow Jones Industrial Average.
The only better day the stock has had this year came after the company’s fourth-quarter earnings report last month.
The International Monetary Fund expects to cut its global growth forecast to account for the economic consequences from Russia’s invasion of Ukraine.
“We still expect the world to be in positive growth territory,” managing director Kristalina Georgieva told CNBC on Thursday.
Her comments come a day after the IMF approved $1.4 billion in emergency aid to Ukraine.
Indonesia’s currency, the rupiah, is the worst-performing Asian currency so far this year partly due to investor concerns over its central bank helping to finance a larger government deficit.
The “debt burden sharing” arrangement involves the central bank buying 397.6 trillion Indonesian rupiah ($26.97 billion) worth of government-issued bonds to fund increased spending to fight the coronavirus.
The program has been likened to an unconventional tool called quantitative easing, which has until recently been used only by major central banks in developed economies such as the U.S. and Europe.
Indonesia, Southeast Asia’s largest economy, recorded its first economic contraction in more than two decades as it struggles to contain the coronavirus outbreak.
