OPEC+ began two days of potentially complicated talks to hash out the size of its oil-production cuts next year, with the group’s president calling for caution in a fragile market.
Author: Bloomberg News
XPO’s Europe Unit Sale Said to Slow as Blackstone Drops Out
XPO Logistics Inc.’s sale of its European supply chain business has slowed after a key bidder dropped out of the process, people with knowledge of the matter said.
China Pushes Ahead With Hydrogen, Defying Skeptics Like Elon Musk
China, the world’s biggest market for electric vehicles, isn’t so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offering to reward cities that achieve…
China Pushes Ahead With Hydrogen, Defying Skeptics Like Elon Musk
China, the world’s biggest market for electric vehicles, isn’t so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offering to reward cities that achieve…
China Pushes Ahead With Hydrogen, Defying Skeptics Like Elon Musk
China, the world’s biggest market for electric vehicles, isn’t so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offering to reward cities that achieve…
China Oil Giant Eyes New Supertankers to Shrink Diesel Glut
China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers usually reserved for crude oil.
China Oil Giant Eyes New Supertankers to Shrink Diesel Glut
China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers usually reserved for crude oil.
White House Leaves Stimulus to Congress After Failed Talks
The Trump administration is stepping back from negotiations on a new stimulus package and leaving it to Senate Majority Leader Mitch McConnell to revive long-stalled talks with House Speaker Nancy Pelosi, according to people familiar with the situation.
Pfizer Vaccine Road Map Shows Logistical, Financial Obstacles
When Pfizer Inc. and BioNTech SE’s COVID-19 vaccine rolls off production lines, Shanghai Fosun Pharmaceutical Group Co. will be waiting to distribute it through a complex and costly system of deep-freeze airport warehouses, refrigerated vehicles and …
VW CEO Diess Says Existential Electric Race Awaits After Pandemic
Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term.