Wednesday, 27th, 2024 | 7:28AM Updated
Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy.
The U.S. dollar fell to a two-week low against a basket of currencies on Tuesday, as traders booked profits after a strong March and as a fall in Treasury yields from recent peaks put pressure on the U.S. currency.
UniCredit investor Cariverona is in favour of the pay package the Italian bank has agreed with its new Chief Executive Andrea Orcel, a source at the Italian banking foundation said on Tuesday.
U.S. asset manager BlackRock and Canada's Brookfield Asset Management Inc are no longer in the race to buy a stake in Saudi oil giant Aramco's pipeline business, two sources familiar with the deal said.
General Motors Co is planning to start production of Chevrolet Silverado electric pickup truck late next year at its Detroit-Hamtramck assembly plant, a source familiar with the U.S. automaker's plan said on Tuesday.
The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors.
Amazon.com Inc illegally fired two employees who advocated for better working conditions during the pandemic, the U.S. National Labor Relations Board has found.
Nico Rosberg is applying years of Formula One experience to a new role as team owner in the Extreme E electric off-road series that starts up in the Saudi Arabian desert this weekend.
Japan and the United States will cooperate on the supply of critical parts for chips, aiming for an agreement when the leaders of both countries meet later this month, the Nikkei newspaper said on Friday.
U.S. investor Sung Kook "Bill" Hwang was looking for a second chance on Wall Street after falling from grace and shutting his multibillion-dollar hedge fund firm. Japan's Nomura Holdings Inc gave him one.
United Airlines on Thursday said it would hire about 300 pilots as travel demand rebounds as a rising number of Americans get COVID-19 vaccination, according to the company's internal memo seen by Reuters.
J.C. Penney Co Inc said on Thursday it has agreed to transfer its pension obligations to annuities provider Athene Holding Ltd, ensuring that the U.S. department store chain's retired employees will continue to get their benefits.
The dollar fell on Thursday, consolidating recent gains that pushed it to nearly three-year highs during the first quarter, but the outlook remained upbeat in the wake of improving economic prospects backed by the Biden government's more than $2 trillion stimulus plan.
A federal judge on Thursday sided with Nike Inc in ordering a Brooklyn company to temporarily stop further sales of "Satan Shoes" it produced in collaboration with the rapper Lil Nas X.
A U.S. judge on Wednesday dismissed long-running litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities.
A "Golden Bridge of Silk Road" structure has been erected in Beijing's Olympic Park.