Yahoo Finance 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.
Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country. In a statement calling for the probe, the federal government's Ministry of Labour and Employment cited the Equal Remuneration Act of 1976, saying the law "clearly stipulates that no discrimination (is) to be made while recruiting men and women workers." The ministry said it has requested a detailed report from the Labour Department of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn’s practice of shunning married women from jobs.
SINGAPORE - Media OutReach Newswire - 27 June 2024 - Chinese tech giant Tencent has consolidated its Singapore office, relocating from 30 Raffles Place to a new flexible working space managed by The Work Project (TWP) at CapitaSky — a 29-storey tower in the Central Business District (CBD). Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space New Singapore Office Consolidates Tencent Workforce in Prime CBD Location The move, completed in the first week of June 2024 f
Four decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used to make colour televisions, arc lights and camera lenses. Its current owner Solvay is racing to return the plant at La Rochelle to its former glory after years of diminished output as Europe seeks to boost production of the minerals fuelling the green energy transition. The factory's 76-year history is a microcosm of the challenges Europe and the United States face as they seek to reverse massive migration of rare earth processing to China that took place around 25 years ago.
The maker of Peugeot, Citroën, Vauxhall and Fiat vehicles, Stellantis, has threatened to end its car making in the UK due to electric vehicle (EV) production rules.
The miner has mined 93 million worth of KAS tokens since Sept. 2023.
As the global payment landscape evolves with initiatives like the European Payments Initiative, investors may find stability and potential growth in dividend stocks amidst market fluctuations. In Singapore, where financial markets are known for their robustness, dividend stocks such as Hour Glass can offer investors a blend of income and relative security in uncertain times.
Did you know that 46% of retirees have no plan if their retirement savings run out? How about that 79% of Americans agree that there is a retirement savings crisis? With prices rising across the...
China's special envoy for climate change has called for expanded production of the country's renewable energy products, citing a strong global demand, in a sharp dismissal of overcapacity claims raised by Western economies. "[There are] only two groups of countries that are talking about so-called overcapacity. One is the United States, the other [is] the European Union," Liu Zhenmin told an international forum on Tuesday. "For the rest of the world, for international organisations including the
Sending goods around the world by ship is at least five times as expensive as it was last year, putting new cost pressures on companies and raising the specter of prolonged inflation. Container ship rates from Asia to Europe have jumped to about $8,000 per 40-foot shipping container, up from an average of $1,500 last year, according to Jefferies analyst Omar Nokta. Geopolitical tension is the biggest reason—the Houthi faction in Yemen continues to attack ships in the Red Sea in protest of Israel’s war in Gaza, despite efforts by the U.S. and others to stop the attacks.
Volkswagen has announced plans to invest up to $5bn (£3.9bn) in US electric carmaker Rivian, as manufacturers rethink their strategies amid uncertain demand.
"We’re not just bringing leading-edge chip technology and (factories) to the United States, we’re also bolstering the suppliers that make leading-edge manufacturing possible,” U.S. Secretary of Commerce Gina Raimondo said in a statement. Congress in 2022 approved the Chips and Science Act to boost domestic semiconductor output with $52.7 billion in research and manufacturing subsidies. According to the Commerce Department, the project's first phase would support the production of liquid filter membranes and Front Opening Unified Pods (FOUPS), specialized containers invented by Entegris to secure semiconductor wafers when transported during the manufacturing process.
High flyers with great cabin crew and cleanliness took off with awards
WEST COVINA, CALIFORNIA, USA - Media OutReach Newswire - 25 June 2024 - Jollibee North America, home of the Best Chain Fried Chicken in America as proclaimed by Eater.com, continues to gain momentum in the market with a solid start to 2024 and ambitious growth plans. BUZZING IN NORTH AMERICA. Globally loved restaurant chain Jollibee continues its upward momentum in the North America region, which is a pillar market in its parent company Jollibee Group’s vision to become among the top five restau
Adidas said Wednesday two employees had left the company as the German sportswear giant investigates bribery allegations in China.As a result, both employees have left the company."
Canada accused China of "anticompetitive practices" as it announced it is set to launch a public consultation exploring potential tariffs on Chinese electric vehicles (EVs), similar to that carried out by the US government. The month-long drive to solicit public opinion, which starts on July 2, will pave the way for policies to protect workers in Canada's automotive industry and its growing EV businesses from unfair trade practices, the Department of Finance said in a statement. At present, no C
A Mitsubishi Heavy Industries executive said Thursday that despite the government's commitment to made-in-Japan aircraft, now is not the time to decide whether to re-enter the commercial airplane market, after the failure of the SpaceJet. The Japanese engineering conglomerate will utilise the human resources and technology developed in the SpaceJet programme for other aerospace and environmental businesses, said Hiroyuki Koguchi, senior vice president in charge of commercial aviation. Mitsubishi Heavy last year terminated the SpaceJet regional commercial airplane project after delivery delays due in part to difficulty obtaining necessary certifications.
Investing.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar.
Celebrity chef Andrew Gruel, the founder of popular restaurants in California, a judge on Food Network’s Food Truck Face Off, and a host of FYI’s Say It to My Face!, said he won’t open another business in California until they "actually fix things." In an interview with Fox Business, Gruel discussed how California restaurants continue to grapple with the repercussions of COVID-19 restrictions. According to Fox, 30% of restaurants were forced to shutdown due to the pandemic, and Gruel said that n
Making six figures from a side job might sound like a dream come true, but it's a reality for some people. These folks have figured out a path to a great income that doesn't involve a typical 9 to 5,...
The recent collapse of Woodson, a Shanghai-based semiconductor start-up that went bankrupt, is the latest example of how China's efforts to build local alternatives to the world's most advanced chips can fail. Woodson, whose main entity is Shanghai Wusheng Semiconductor Group, was liquidated, according to a notice released on June 6 by the city's Pudong New Area People's Court. That marked the end for the firm, which was once an emerging star in China's semiconductor industry. Do you have questi