Recent Posts - page 203
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Exxon Mobil declares force majeure on Russian Sakhalin-1 crude oil operations
In a statement Exxon Mobil Corp said, Exxon Neftegas Ltd, its Russian unit, has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers. The Sakhalin-1 project produces… Read More ›
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Delaware court rules in Elon Musk’s favor in Tesla SolarCity deal
In a significant development, a Delaware judge ruled that Tesla Inc’s Chief Executive Officer, CEO, Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker to acquire SolarCity Corp in 2016, when Musk was its chairman… Read More ›
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Meta’s shares surge after daily active users above analysts estimate
With Facebook’s parent Meta reporting a profit ahead of Wall Street analysts’ estimate, shares of facebook surged by 20% since it defied low investor expectations. Meta’s CEO Mark Zuckerberg said, the company aims to scale back costs and was investing… Read More ›
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House of Representatives passes bill to help Taiwan regain observer status at WHO
In a significant development, the U.S. House of Representatives has unanimously passed legislation calling on the State Department to submit a plan to help Taiwan regain its observer status at the World Health Organization. The House of Representatives passed the… Read More ›
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Turkish President Tayyip Erdogan to visit Saudi Arabia on Thursday
In a statement the office of Turkish President Tayyip Erdogan said, the President will travel to Saudi Arabia on a two-day visit on Thursday. The development marks the culmination of a months-long effort by Ankara to mend ties with Riyadh…. Read More ›
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USDA and USAID to contribute $700M towards food security in Africa
In a statement the U.S. Department of Agriculture (USDA) and the U.S. Agency for International Development (USAID) said, they will contribute around $700 million in total to international food security efforts. The funds will go to emergency food operations in… Read More ›
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Russia halts LNG supplies to Poland and Bulgaria
On Wednesday, in a significant development, Russia halted gas supplies to Poland and Bulgaria after both countries rejected Moscow’s demand to pay for Russian gas in Rubles. The development comes in the wake of massive sanctions by Western countries against… Read More ›
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Microsoft’s $15 Billion Cybersecurity Division Is Providing Investors With Additional Reasons To Be Optimistic
Microsoft CEO Satya Nadella acknowledged the amount of the software company’s security business for the first time in January 2021. The sum was significant. On an earnings call, Nadella told analysts that the company had hit $10 billion in yearly… Read More ›
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Donald Trump Will Not Return To Twitter Even If Ban On Him Is Lifted By Elon Musk
Former United States President Donald Trump has said that he would not return to Twitter even if the company’s new owner, Elon Musk, restored the former president’s ban. “No, I won’t be going back on Twitter,” Trump said in an interview… Read More ›
Featured Categories
Strategy ›
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Energy Chokepoint Risks Reshape Global Growth Outlook as Hormuz Disruption Threatens Economic Stability
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From Strategic Reserve to Emergency Liquidity: Central Banks Recalibrate Gold Holdings Amid Financial Strain
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Energy Exposure and Structural Weakness Leave UK Growth Most Vulnerable to Global Conflict Shock
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Economy & Finance ›
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Strategic Energy Risks and Geopolitical Tensions Drive China’s Opposition to U.S. Maritime Blockade
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Market Volatility Fails to Deter U.S. IPO Pipeline as Issuers Bet on Windows of Stability
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Moderating Producer Price Growth Masks Underlying Inflation Pressures in U.S. Economy
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Entrepreneurship ›
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India’s Luxury Growth Confronts Infrastructure Deficit as Retail Space Bottleneck Slows Expansion
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Stealth AI Releases and Developer Forensics Redefine the Race for Next-Generation Models
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China’s Nationwide Artificial Intelligence Strategy Aims to Reshape Employment and Revive Economic Momentum
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