Industry

Damian Williams, the United States Attorney for the Southern District of New York, Michael J. Driscoll, Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), …

(Reuters) – The Texas Railroad Commission (RRC), which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur …

Here’s Why Biden’s Attempt To Strangle Russia’s Energy Industry Has Backfired Josh Hypes on June 28, 2022 Increased demand for crude oil from China and India has allowed Russia to …

BERLIN -Germany is heading for a gas shortage if Russian gas supplies remain as low as they are now, and certain industries would have to be shut down if there …

By David Shepardson WASHINGTON – Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a …

DUBLIN – Unilever chief executive Alan Jope said on Tuesday that consumer goods companies should get used to the idea of “crisis being more or less the new normal” as …

DUBLIN – L’Oreal chief executive Nicolas Hieronimus said he remained confident about the outlook for the beauty industry with consumers continuing to want to indulge despite the global economy becoming …

DOHA – Qatar Airways’ chief executive said on Monday the industry’s net-zero 2050 target, which was set last year, would be difficult for airlines to achieve. It is going to …

By David Shepardson WASHINGTON – Volkswagen AG’s top U.S. executive said on Thursday the United States faces major challenges in ramping up battery production to facilitate a shift to electric …

PARIS – French President Emmanuel Macron said on Monday that co-operation in the European Union’s defence industry needed to be enhanced, including by the introduction of measures to favour EU …

SEOUL – South Korean industries, including auto, steel, petrochemical and cement, face accumulated losses worth about 1.6 trillion won ($1.24 billion) as of Sunday due to the ongoing trucker strike, …

By Valentina Consiglio and Gavin Jones ROME -Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data …

By Huw Jones LONDON – Relocating euro clearing from London to the European Union must be “market-led” rather than mandatory, with the shift already well underway, the head of Eurex …

‘Build Back Beijing’: Biden Waives Solar Tariffs In Massive Win For Chinese Industry Thomas Catenacci on June 6, 2022 President Joe Biden is set to use his executive authority Monday …

LONDON – British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos at airports last week …

LONDON – The private equity industry has grown into a pyramid scheme that will create casualties in around three to five years, the chief investment officer of Europe’s biggest asset …

Republican States Fight Back Against Biden’s Stealth Attacks On Oil, Gas Industry Thomas Catenacci on May 27, 2022 A group of 21 Republican attorneys general argued Friday that the Biden …

By John O’Donnell and Christoph Steitz FRANKFURT – Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany’s gas lobby …

FRANKFURT – The Group of Seven (G7) economic powers should align international climate protection ambitions along the lines of a “climate club” proposed by German Chancellor Olaf Scholz, the head …

Biden May Not Hold Any Offshore Oil And Gas Leases Until The End Of His Term, Industry Group Says Thomas Catenacci on May 20, 2022 The American Petroleum Institute (API), …

By Simon Jessop and Ross Kerber LONDON/BOSTON – Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights how Wall Street’s hottest investment trend that …

BERLIN – Germany’s second-largest defence group Thyssenkrupp Marine Systems (TKMS) wants to play a leading role in consolidating the German and European shipyard industry, its new Chief Executive Officer told …

By Camillus Eboh ABUJA – Nigerian airline Ibom Air on Saturday said it will not take part in an industry plan to stop flights from Monday over the high cost …

NEW YORK – Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to perform well amid high volatility, a report by hedge fund data …