The energy research firm Wood Mackenzie predicted that this year’s global oil demand will increase by 1.9 million barrels per day (bpd), which is comparable to the Organisation of the Petroleum Exporting Countries’ (OPEC) 2024 estimate. Vice president of oils… Read More ›
In an effort to increase private investments in renewable energy in poor nations, the World Bank Group announced on Wednesday that it would be consolidating its loan and investment guarantee structure. The goal is to triple the organization’s annual guarantees… Read More ›
In an attempt to put aside their intense geopolitical differences, G20 finance ministers discussed the difficulties facing the global economy on Wednesday, and Western nations sparred about how to handle frozen Russian assets. In order to address concerns like poverty… Read More ›
After several strong foreign capital inflows into Japanese stocks in the preceding weeks, there was a minor outflow last week. Exchange data shows that foreign investors pulled out a net 2.83 billion yen (about $19 million) from Japanese stocks in… Read More ›
According to reports, Apple is closing its Special Projects Group, which was responsible for developing electric automobiles. With this disclosure, Apple’s covert endeavour to produce a vehicle to compete with Tesla has come to an end. Although the programme employed… Read More ›
Encouraged by inflows into new U.S. spot bitcoin exchange traded products, which have pushed it up almost 40% in February, bitcoin climbed for a fifth day on Wednesday, approaching $60,000, marking its greatest monthly advance since December 2020.The most recent… Read More ›
Scientists have confirmed the presence of a fatal strain of avian flu on Antarctica’s continent for the first time, raising concerns for the massive penguin colonies in the southern area.The Higher Council for Scientific Investigation (CSIC) of Spain declared, “This… Read More ›
In order to compete with its leaner Chinese rivals who are releasing cheaper vehicles to compete with them on their home ground, Europe’s automakers and their already overworked suppliers are in for a challenging year as they scramble to reduce… Read More ›
Market analysts predict that by 2030, Qatar’s anticipated increase in its production of liquefied natural gas (LNG) may give them about a quarter of the world market, driving out competing projects, even in the US, where President Biden has halted… Read More ›
This year, artificial intelligence (AI) phones will probably be all the rage as smartphone manufacturers try to capitalise on the excitement around AI to increase sales of their products following a challenging period. With its introduction in late 2022, OpenAI’s… Read More ›
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