In 2024, the oil and gas markets were shaped by several significant trends including shifting demand, geopolitical turmoil and rising production. As the two key oil benchmarks (Brent and West Texas Intermediate) struggled to maintain price gains made throughout the year the natural gas market was able to register a…
Provaris Energy Ltd (Provaris, ASX.PV1) is pleased to provide an update on recent progress towards its priority activities in Norway aimed at developing Hydrogen Supply Chains into Europe and advancing the Company’s proprietary hydrogen carrier. HIGHLIGHTS: Significant progress made on finalising a Term Sheet with Uniper and Norwegian Hydrogen for…
The Santa Claus rally has long been attractive to investors looking to end the year on a high note. North American markets have already experienced robust growth throughout 2024, but the prospect of a year-end rally could offer one final opportunity for gains before heading into the new year. The…
Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference on Monday, Honda CEO Toshihiro Mibe said the companies needed greater scale to compete in the development of new technologies in electric vehicles and intelligent driving. A business…
The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when toy companies are struggling to match the massive gains of pandemic-era sales, Lego is growing rapidly. The Danish company saw revenue jump 13%…
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of…
The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who are eligible for…
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges that Walmart and the vendor, Branch Messenger, forced the drivers, who were part of Walmart’s Spark Driver gig-work platform, to…
King Charles will deliver his Christmas Day message from a church with links to the medical community, Buckingham Palace said Monday, in a break with tradition amid his continued cancer treatment. The annual festive broadcast is normally recorded at Buckingham Palace or Windsor Castle. But the British monarch opted to…
Mozambique’s top court on Monday confirmed the ruling party Frelimo’s victory in an October election, which has sparked massive protests by opposition groups who say the vote was rigged. The Constitutional Council has the final say over the electoral process and its ruling is likely to spark further protests in…