Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to change the fundamental contours of the global energy markets to suit U.S. interests.
Category: News
Airbus is wavering over when to launch a larger A220 jet due to a muted response from powerful leasing companies and a debate over range and performance, six industry sources said.
In April, Travis Arcamone was named flight attendant of the year at Spirit Airlines’ Orlando, Florida, base. A month later, he was out of a job, after the company failed to find a way out of a second bankruptcy and collapsed in early May.
European retail investors are among those jockeying for a piece of the hotly anticipated SpaceX initial public offering, but some observers warn the deal could prove a bumpy ride for those without the resources that institutional investors have behind them.
Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another oil price shock in the coming weeks, severe enough to upset broader financial markets.
Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.
Netflix appointed lead independent director Jay Hoag as chairman of its board, succeeding Reed Hastings, who stepped down from the board of the streaming service he co-founded nearly three decades ago.
North Korea plans to build a 10,000-ton destroyer and develop secret underwater weapons, state media said on Saturday, ahead of a visit by Chinese President Xi Jinping.
A second case of the flesh-eating screwworm parasite was confirmed in Texas by the U.S. Department of Agriculture on Friday, emerging just miles from where the first U.S. detection in decades was reported this week.
A seven-month-old Palestinian baby was killed and his parents were wounded by Israeli gunfire in the Tel Rumeida area south of the West Bank city of Hebron on Friday evening, the Palestinian health ministry said.