Anglo-Dutch energy giant Royal Dutch Shell, French peer Total and Spain's Repsol on Thursday logged surging second-quarter net profits on the back of soaring oil prices.
Business
Jul 26, 2018
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Two weeks ago, President Joe Biden ordered the release of 1 million barrels of oil per day from the country's petroleum stockpile for the next six months.
Economics & Business
Apr 18, 2022
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In the midst of today's cost of living crisis, many people who are critical of the idea of economic growth see an opportunity. In their recent book The Future is Degrowth, for example, prominent advocates Matthias Schmelzer, ...
Economics & Business
Sep 15, 2022
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As Covid-19 spread around the world, stock markets in individual countries took a major hit—yet stock markets in China where the disease first struck avoided significant falls—researchers at Lero, the Science Foundation ...
Economics & Business
May 17, 2021
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Measures to slow the spread of the coronavirus have reduced the demand for fuel and slashed oil prices. Global emissions of carbon dioxide (CO2), the chief long-term cause of climate warming, have slid perhaps by one-fifth ...
Economics & Business
Apr 16, 2020
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Irish budget carrier Ryanair said Monday its net profit had risen 10 percent in 2017-2018 despite the cancellation of thousands of flights, but forecast a fall this year due to higher oil prices.
Business
May 21, 2018
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(AP)—World stock markets were mixed on Friday as investors weighed disappointing U.S. economic data and upbeat forecasts from Intel, the computer chipmaker.
Business
Jun 13, 2014
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The German chemicals and pharmaceuticals sectors are projecting a drop in sales this year as falling oil prices weigh on chemicals prices, the VCI industry federation said Wednesday.
Business
Feb 25, 2015
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In the past few weeks, oil prices have fallen to record lows. This development was not predicted by the Hotelling rule, an equation proposed in 1931 that remains central to the economics of natural resources today. In an ...
Economics & Business
May 11, 2020
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9
Bargain-basement fares, high oil prices and a tumbling rupee are causing turbulence in India's hyper-competitive aviation market, virtually wiping out airlines' profits and leaving them scrambling to cut costs to survive.
Business
Aug 29, 2018
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