Oil And Gas In For Turbulent Year As Governments And Industry Butt Heads

Windfall taxes, price caps, and calls for more oil and gas production marked 2022 in oil and gas. It looks like we’re in for a lot more of the same this year, especially with Western governments doubling down on their emission-reduction ambitions. The record profits that oil and gas majors raked in last year thanks … Read more

Chemours Unveils Ti-Pure™ Sustainability (TS) Product Series, Designed to Advance Company & Customers’ Sustainability Goals Through TiO2 Innovation

Published an hour ago Submitted by The Chemours Company Chemours Titanium Technologies recently announced a new Ti-Pure™ titanium dioxide (TiO2) product portfolio: the Ti-Pure™ Sustainability (TS) series, which includes two high-performance grades. This new product family showcases Chemours’ commitment to advancing its enterprise, business unitand customers’ sustainability goals. “When we say we aspire to be … Read more

Goldman job cuts hit investment banking, global markets hard-source

Mass redundancies, spending review beckons for Wall Street giant Cuts to all major divisions expected, globally Restructuring in Asian wealth unit kicks off Wednesday’s layoffs NEW YORK/LONDON/HONG KONG, Jan 12 (Reuters) – Goldman Sachs (GS.N) began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from … Read more

LVMH names new Louis Vuitton CEO, puts Arnault’s daughter in charge of Dior

Delphine Arnault to become CEO of Christian Dior Pietro Beccari to replace Michael Burke at Louis Vuitton Burke to continue working with Arnault PARIS, Jan 11 (Reuters) – LVMH (LVMH.PA) Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family’s grip with the appointment of his daughter Delphine … Read more

Rogers-Shaw deal moves ahead, mortgage predictions for 2023 and the investment product of the year: Must-read business and investing stories

The Competition Tribunal has dismissed an application from Canada’s competition watchdog to block Rogers Communications Inc.’s proposed $26-billion purchase of Shaw Communications Inc., clearing a path for the deal to go ahead.Adrian Wyld/The Canadian Press Getting caught up on a week that got away? Here’s your weekly digest of The Globe and Mail’s most essential … Read more

Exclusive: PepsiCo to roll out 100 Tesla Semis in 2023, exec says

NEW YORK/SAN FRANCISCO, Dec 16 (Reuters) – PepsiCo plans to roll out 100 heavy-duty Tesla Semis in 2023, when it will start using the electric trucks to make deliveries to customers like Walmart and Kroger, the soda maker’s top fleet official told Reuters on Friday. PepsiCo Inc (PEP.O)which ordered the big trucks in 2017, is … Read more

Britain reviews financial rules to bolster City’s global clout

Britain says high standards will be maintained UK flags reviews in financial-crisis era reforms London faces new competition from EU centers Consultation on digital pound planned LONDON, Dec 9 (Reuters) – Britain set out a raft of measures on Friday to bolster the City of London’s role as a global financial center, under strain since … Read more

BP doubles down on hydrogen as fuel of the future

BP sees fast growth in low-carbon hydrogen Fuel to benefit from government subsidies CEO Looney to announce hydrogen production targets BP plans big hydrogen project at Whiting, Indiana refinery LONDON, Dec 5 (Reuters) – BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump … Read more

After Elon Musk’s ultimatum, Twitter employees started exiting

Nov 18 (Reuters) – Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline from new owner Elon Musk that employees sign up for “long hours at high intensity,” or leave. The departures highlight the reluctance of some of Twitter’s 3,000 or so employees … Read more