Posts with tag: inspiration
Oil industry in suspense as Trump weighs energy tariffs
Published on: January 31, 2025, 10:01 PM UTC
Trump adviser arrives in Venezuela to secure release of American prisoners, address deportation of gang members and potentially discuss sanctions relief.
Published on: January 31, 2025, 08:01 PM UTC
Automakers Ford and GM face possible tariffs as President Trump plans to impose 25% import charges on cars built in Mexico and Canada. Ford CEO Jim Farley believes the company is well-positioned due to its large US manufacturing presence and supports the administration's focus on boosting domestic employment. However, Farley also expresses concerns about policy changes affecting CO2 emissions and EV tax credits, which could impact Ford's EV development and sales.
Published on: January 31, 2025, 03:02 PM UTC
Chevron follows Trump's order to call Gulf of Mexico the 'Gulf of America' in corporate America's latest move toward supporting Trump's controversial order to rename the body of water.
Published on: January 31, 2025, 02:00 PM UTC
Franco-Italian chipmaker STMicroelectronics plans to cut its workforce by 6% through early retirements and attrition amid a prolonged demand slump in the industrial and auto sectors.
Published on: January 31, 2025, 01:04 PM UTC
As the Feb. 1 deadline set by Donald Trump for new tariffs on Canada, Mexico and China looms, world leaders and economic observers anxiously await clarity. Trump has reiterated plans for 25% tariffs on Mexico and Canada yet introduced uncertainty about oil and timing. Leaders in impacted nations have expressed frustration and confusion, while experts warn of potential damage to business decisions and economic growth. Despite conflicting signals and ongoing negotiations, the possibility remains that a last-minute deal could delay tariffs.
Published on: January 31, 2025, 01:02 PM UTC
Sanctioned tanker Huihai Pacific unloads Russian oil in China despite US sanctions, highlighting supply chain reconfigurations in the wake of US sanctions on Russian oil exports.
Published on: January 31, 2025, 04:00 AM UTC
Argentina's central bank slashes its benchmark interest rate by 300 basis points to 29% amidst slowing inflation.
Published on: January 31, 2025, 02:01 AM UTC
Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may be valued at around $2 billion with debt.
Published on: January 30, 2025, 05:00 PM UTC
Learn Warren Buffett's investment advice on low-cost S&P 500 index funds. Buffett believes most investors should own these funds due to their low cost, historical performance, and simplicity. He has consistently endorsed the S&P 500 over the years, even wagering $1 million on its outperformance against hedge funds, which he won.
Published on: January 30, 2025, 03:07 PM UTC