Russian market is down
Back to square one: the Russian market is down 7% after news of new EU sanctions
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Invest news
A collection of 131 issues
Amazon Signs Largest Deal in Commercial Space Industry History for 83 Project Kuiper Internet Satellite Launches
The contracts for ULA, Arianespace and Blue Origin total billions of dollars, sources said.
Asian countries will buy American and Middle Eastern oil
Earlier Saudi Aramco raised export oil prices. Asian refineries may refuse to buy additional amounts of Arab oil, analysts said. The release of oil from U.S. reserves has made U.S. long-distance oil more attractive to Asian consumers.
EU plans to ban imports of Russian coal
WSJ reports that the European Commission will propose to ban imports of coal from Russia and the supply of new equipment to Russia, to close sea and land borders for Russian carriers. The EU bans exports to Russia of semiconductors, high-tech equipment, liquefied natural gas extraction equipment and other equipment.
Hertz plans to buy up to 65,000 cars from Polestar
Hertz Global Holdings said Monday it plans to buy a large batch of electric cars from Sweden's Polestar within five years. The cars will become available for rent to Hertz customers starting this spring. Earlier last year, Hertz distinguished itself with an order from Tesla for 100 thousand electric cars.
The U.K. food sector is the hardest hit by rising energy prices
According to the Office for National Statistics, British food producers are particularly hard hit by the rally in energy markets. Sixty percent of industry workers were affected, compared with a sector average of 38 percent. The U.K. economy is on the verge of stagflation, according to agency analysts. This
Climate change could cost states $2 trillion annually by the end of the century
The White House estimates that floods, droughts, wildfires and hurricanes exacerbated by climate change could cost the U.S. federal budget about $2 trillion a year by the end of the century. Such spending could result in a 7.1 percent annual drop in federal revenues by the end of
The number of coal-fired power plants in the U.S. will be down 45% by the end of the decade
According to IEEFA, power suppliers are preparing to close 99.2 gigawatts of coal-fired power plants by 2030. In addition to the climate agenda, the rapidity of the process is being affected by rising coal prices. The conflict in Ukraine affects the entire energy market. The European industry is having
The price of oil per barrel has fallen from $140 to $105
The price of oil per barrel has dropped from $140 to $105, but we don't see the price dropping at the gas station. The price at the gas station goes up when the price of oil goes up, and it doesn't necessarily go down when the price of oil goes
China to change privacy rules on offshore company listings
A draft rule released by the China Securities Regulatory Commission is an attempt by Beijing to resolve a dispute with Washington that could lead to the delisting of 270 Chinese companies on U.S. exchanges in 2024. China's updated rules would remove requirements that on-site inspections of Chinese companies listed