Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
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Coca-Cola purchases undisclosed stake in Body Armor
Coca-Cola did not disclose any financial details of the purchase, which is to be seen in the context of its fizzy colas losing steadily marketshare to popular alternatives to its PepciCo-owned rival. On Tuesday, Coca-Cola Co disclosed, it is in… Read More ›
China to place an order for 184 A320 narrow-body jets from Airbus: French President Emmanuel Macron
Although a formal deal is yet to be signed, Chinese President Xi Jinping has confirmed the placement of the order. On Wednesday, French President Emmanuel Macron disclosed that the purchase of 184 A320 narrow-body jets from Airbus by China is… Read More ›
BHP Billiton exploring options for its U.S. shale oil business, including sale
The shale oil business is no more a core asset for the company. The development is pregnant with potential. BHP Billiton’s CEO Andrew Mackenzie has disclosed that a number of parties are interested in acquiring the company’s U.S. shale business…. Read More ›
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