What did Exxon’s main agitator actually achieve? At Exxon Mobil’s annual shareholder meeting on Wednesday, activist investors and big shareholders, including Legal & General Investment Management, will take on the company with a series of proxy measures aiming to push it to cut emissions and speed its decarbonization efforts. Climate investors aren’t expecting a triumphant repeat of what happened two […]

Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China. Can Apple Inc become for India what Samsung is to Vietnam in the mobile devices export sweepstakes? For Samsung it has been a long haul — starting from 2009 when the Korean major decided to slowly shift manufacturing […]

Gloria Li is desperate to find a job. Graduating in June with a master’s degree in graphic design, she started looking last fall, hoping to find an entry-level position that pays about $1,000 a month in a big city in central China. The few offers she has gotten are internships that pay $200 to $300 a month, with no benefits. […]

European stocks may drift lower at open on Wednesday after no new progress was made in talks between the White House and U.S. congressional leaders to raise the federal debt ceiling and avoid a potential default next month. The Treasury Department has asked federal agencies whether they can make upcoming payments at a later date, the Washington Post reported, citing […]

JPMorgan Chase(JPM) on Tuesday announced its commitment to invest over $200 million in a mix of carbon removal technologies. In a statement, the company announced that the allocated funds will be used for long-term agreements focused on removing and storing approximately 800,000 metric tons of carbon dioxide from the atmosphere. The company had initially disclosed a commitment of $75 million […]

President Joe Biden and House Speaker Kevin McCarthy have discussed the impasse over the debt ceiling, and described the talks as productive. “I just concluded a productive meeting with Speaker McCarthy about the need to prevent default and avoid a catastrophe for our economy. We reiterated once again that default is off the table and the only way to move […]

After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy – the nation’s largest private fuel retailer – has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said. While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to […]

The following biotech stocks featured on our site hit new highs yesterday. * Last Closing Price refers to the stock’s closing price on May 22, 2023. Ticker Published Date Published Price Maximum Price Since Publication *Last Closing Price Maximum Gain % Akebia Therapeutics Inc. (AKBA) Mar.22, 2023 $0.70 $1.63 $1.41 132% VectivBio Holding AG (VECT) May 4, 2023 $10.63 $16.45 […]

The Hollywood Vampires – the supergroup of Alice Cooper, Johnny Depp and Aerosmith’s Joe Perry – has postponed three scheduled North American tour dates this week due to an ankle injury suffered by Depp. The shows, originally set for May 30, May 31 and June 1 in Manchester, NH, Boston and Bethel, NY, respectively, have been rescheduled for late July, […]