Source link The energy market is out of balance right now, according to Occidental’s Vicki Hollub The global oil market will face a supply shortage by the end of 2025 as crude reserves are not being replaced fast enough, Vicki Hollub, the CEO of US energy firm Occidental, warned in an interview with CNBC published […]
Source link The US company has prioritized financial performance over engineering excellence, according to Tim Clark US aerospace giant Boeing is in the “last chance saloon” in light of the long decline in the company’s manufacturing performance, Tim Clark, the head of Emirates Airline, has said. One of the most high-profile figures in aviation, Clark […]
Source link Hans-Georg Maassen has denied accusations of right-wing extremism, suggesting he is being persecuted for political reasons The Federal Office for the Protection of the Constitution (BfV), Germany’s domestic intelligence agency, has placed its former president Hans-Georg Maassen under surveillance, suspecting him of ties to the country’s far right, local media reported. According to […]
Source link Charles Michel’s change of mind comes days ahead of a meeting between EU leaders on signing off on additional Ukraine aid European Council president Charles Michel has abandoned plans to contest a seat in the upcoming European Parliament elections in June. This comes amid suggestions that doing so could have led Hungary’s prime […]
Source link Drivers rather than regulators or politicians should decide which vehicles they choose, Akio Toyoda has said Electric vehicles (EVs) will never dominate the market and consumers should not be forced to buy them, Toyota Chairman Akio Toyoda stated in comments published on the company’s website on Tuesday. Battery-powered vehicles will only ever reach […]
Source link Cryptocurrencies facilitate illegal activities such as money laundering, according to JPMorgan CEO Jamie Dimon, who has insisted that digital assets should be banned. Dimon once again attacked the top cryptocurrency this week, calling Bitcoin “worthless” and saying he still isn’t buying into the hype surrounding the crypto. “I’ve always said that Bitcoin doesn’t have value,” […]
Source link Timber exports to China will not lead to deforestation in Siberia, the forestry agency has assured Russia will not lose its Siberian taiga due to timber exports to China, as more trees are planted than cut, the forestry authority has announced. In an interview on Wednesday, Ivan Sovetnikov, the head of Russia’s Federal […]
Source link Households in Germany will continue to struggle with high electricity and heating costs amid the cost-of-living crisis, Der Spiegel reported on Wednesday, citing the country’s Federal Network Agency. The warning comes despite the recent fall in household energy prices, which have decreased 4.5% this year up to November 2023. “The era of cheap […]
Source link US regulators are expected to crack down despite the exchange’s exit from Russia, says Vladimir Smerkis Vladimir Smerkis, the former chief executive of Binance in the Commonwealth of Independent States (CIS), has cautioned that the United States will persist in applying sanctions pressure on Russian cryptocurrency users. In September, Binance, the world’s leading […]
Source link The two parties have signed an agreement that paves the way for deeper cooperation The African Union of Broadcasting (AUB) and RT have signed a memorandum envisioning cooperation between the channel and the professional body, which brings together some 53 broadcasters from across the continent. The president of the AUB, Gregoire Ndjaka, spoke […]
Source link Donald Tusk has regained the PM post nearly a decade after his departure DETAILS TO FOLLOW
Source link Digital assets facilitate illegal activities and should be banned, Jamie Dimon says Cryptocurrencies should be outlawed, JPMorgan CEO Jamie Dimon said at the US Senate Banking Committee’s annual Wall Street oversight hearing on Wednesday. According to Dimon, who has a long history of criticizing digital currencies, the “only true use case” for cryptocurrencies […]
Source link The head of Russian oil major Rosneft, Igor Sechin, has criticized the Finance Ministry’s tax policy, which he claims provoked a crisis in the domestic fuel market. He also took aim at the country’s Central Bank for a lack of “reliable” routes for cross-border payments in various currencies and for a series of […]
Source link Terry Venables, known to many as ‘El Tel,’ led England to the semi-finals of Euro ‘96 in a distinguished management career Former England football manager Terry Venables, for years one of the most buoyant personalities in British sport, has died at the age of 80 after a long illness, his family confirmed on […]
Source link Sanctioned Russian football is looking East and weighing its options as next year’s season approaches The Russian Football Union (RFU) is to make a decision on a possible switch from the Union of European Football Associations (UEFA) to the Asian Football Confederation (AFC) by the end of December, according to the union’s president, […]