
Vitol Says Refiners Face ‘Soft Patch’ in 2024 on New Plants
Global oil refiners will suffer a “soft patch” next year as new capacity in Mexico, Africa and the
1970-01-01 08:00

US, UK Lead Pledge to Triple Nuclear Power by 2050 at COP28
The US will lead a push at the COP28 climate summit to triple the amount of installed nuclear
1970-01-01 08:00

Hong Kong Ousts Dubai as Biggest Hub for Russian Gold Trade
Shut out of London following the invasion of Ukraine, Russian gold trading switched to Dubai. Now it’s shifting
1970-01-01 08:00

Renault Sets €10 Billion Sales Goal for EV Arm in IPO Pitch
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and
1970-01-01 08:00

Russia-Ukraine war live: Putin’s losses ‘top 300,000’ as Moscow state media retracts reports of retreat
Russia’s military personnel losses in its invasion of Ukraine have crossed 300,000, showed estimates by the UK that also said thousands more have deserted the battlefield. James Heappey, minister of state for the armed forces, revealed the UK’s estimates of losses faced by Vladimir Putin since the start of the invasion in February last year. “We estimate that approximately 302,000 Russian military personnel have been killed or wounded, and tens of thousands more have already deserted since the start of the conflict,” he said on Tuesday in response to queries from John Healey, the shadow secretary of state for defence. The UK’s estimate of casualties is similar to the assessment made by Kyiv, that said Russia had lost a total 313,470 military personnel in combat as of Tuesday. It comes as two Russian state media agencies withdrew reports of military operations. The agencies – TASS and RIA Novosti – said that the Russian Ministry of Defence had announced relocations of troops to an unspecified “more advantageous positions” east of the Dnipro river. The potentially significant bulletins were available for about 10 minutes, after which two state news outlets withdrew them without any follow-up. Read More Why Russia retracted state media reports on its Ukraine frontline movements Giuliani ally in Ukraine charged with treason Russian convicted of Kremlin critic’s murder pardoned after fighting in Ukraine A man convicted in the 2006 killing of a Russian journalist wins a pardon after serving in Ukraine
1970-01-01 08:00

Alstom Charts Cost-Cutting Course to Slash €2 Billion Debt
Alstom SA is cutting jobs and selling assets to shore up its balance sheet after cash-burn concerns wiped
1970-01-01 08:00

US Alarms Oil Tanker Owners With Russian Price Cap Letters
The US Treasury’s sudden flurry of letters to tanker companies for potentially breaching a Group of Seven price
1970-01-01 08:00

Singapore Airlines Expands Philippine Reach With New Regional Partner
Singapore Airlines Ltd. has added another regional partner, signing a deal with Philippine Airlines Inc. that will allow
1970-01-01 08:00

Siemens Energy Sees Profit in 2024 After Government Intervention
Siemens Energy AG sees a return to profit in the coming fiscal year after a government-led deal boosted
1970-01-01 08:00

Swedish Landlords Are Surprisingly Passive, Handelsbanken Says
Highly leveraged landlords in Sweden will continue to face challenges as surprisingly little has been done to strengthen
1970-01-01 08:00

Treble-Winning Manchester City Nets £713 Million in Revenue
Premier League champions Manchester City Football Club announced record-breaking revenues after its team won three of football’s major
1970-01-01 08:00

EU Strikes Landmark Deal to Curb Methane in Oil and Gas Supplies
European Union negotiators struck a deal to curb methane emissions leaking from fossil-fuel infrastructure and plotted a course
1970-01-01 08:00