The Joe Biden Administration has defended a proposal by ConocoPhillips for developing oil fields in Alaska, backing the drilling project which was approved under the Trump Administration. “A Wednesday filing by the U.S. Department of Justice continues to defend a… Read More ›
The U.S. Department of Justice has begun an investigation on the collapse of Bill Hwang’s Archegos Capital Management, which cost large global banks more than $10 billion in losses. To this end, federal prosecutors in Manhattan have sent requests for… Read More ›
In a statement the Mexican government said, “A consortium led by Bombardier Inc’s unit has won a bid for the rolling stock and rail systems for Mexico’s flagship Mayan Train infrastructure project”. The $1.84 billion (36.6 billion Mexican pesos) project… Read More ›
In a development aimed at further boosting the adoption of electric vehicles the U.S. Senate Finance Committee has advanced legislation aimed at boosting the tax credits for electric vehicles to as much as $12,500, as long as they are assembled… Read More ›
In a development that buttresses the previous U.S. Administration’s point of view, U.S. Trade Representative Katherine Tai stated, the United States faces “very large challenges” in its economic relationship with China; the challenge requires the Biden Administration’s full attention across… Read More ›
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