Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
0 Comments
OPEC Secretary General Mohammed Sanusi Barkindo (L), Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman (C) and Russian Energy Minister Alexander Novak (R) attend an Opec-JMMC meeting in the UAE capital Abu Dhabi on September 12, 2019. KARIM SAHIB | AFP via Getty Images LONDON — Oil producer group OPEC has been plunged into crisis,
0 Comments
In this article XLE .DXY @CL.1 The next few months could be tough for energy stocks. With OPEC+ postponing negotiations indefinitely on Monday after failing to strike a deal on oil production, oil prices are already under pressure, falling more than 2% on Tuesday after grazing six-year highs. Another macroeconomic force could “suggest there’s some
0 Comments
OPEC and its allies left the oil market hanging on Monday when they indefinitely postponed talks to resolve a disagreement over production curbs. Crude prices first surged to six-year highs, then retreated, and uncertainty continues to hang over future OPEC+ policy. But at least one energy analyst expects a breakthrough to come soon. “I think
0 Comments
Sina Schuldt | picture alliance | Getty Images Three major transportation firms are set to work with one another on the development of a European charging network for “battery electric heavy-duty long-haul trucks and coaches.”  In a joint announcement earlier this week, Volvo, Daimler Truck and the Traton Group said they had signed a non-binding agreement related to
0 Comments
Utilities could be the underrated beneficiaries of a U.S. infrastructure overhaul, one CEO says. With Washington lawmakers working to make the Biden administration’s $579 billion infrastructure spending framework a reality, the year’s worst-performing sector could be in for a rebound, Reaves Asset Management CEO Jay Rhame told CNBC’s “ETF Edge” this week. Two major tailwinds
0 Comments
Jeff Bezos and Richard Branson are competing fiercely to outwit each other and capture the huge commercial space tourism market. And their fellow billionaire Elon Musk appears to be siding with the British entrepreneur and his Virgin Galactic venture. Musk, the SpaceX CEO who aims to colonise Mars someday and make humans a multi-planetary species, seems to have
0 Comments
The Daily Mail’s founding family is plotting an offer to take the company behind Britain’s biggest-selling national newspaper private – move that would end 90 years of stock market history. Daily Mail & General Trust (DMGT) confirmed Sky News’ exclusive revelation on Monday that Rothermere Continuation Limited (RCL) is considering an £810m bid for the
0 Comments
The Metropolitan Police Federation has condemned England supporters who attacked officers after last night’s Euro 2020 final defeat as “thugs not fans”. The body, which represents thousands of London’s police officers, tweeted: “These people should be ashamed of themselves. “They are not fans. They are thugs. We wish our injured colleagues well.” The Met Police
0 Comments
People walk past the New York Times building on October 14, 2019 in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis | Getty Images For about 16 months, the U.S. and U.K. news industries have predominantly operated out of people’s living rooms, home offices and bedrooms. Now, they’re deciding what post-pandemic life
0 Comments