Samsung to Unveil $44 Billion Chip Push as Soon as Next Week
Samsung is preparing to take the wraps off a $44 billion investment in U.S. chipmaking as soon as next week, a signature project in Washington’s effort to bring production back.
April 12, 2024IEA Warns Attacks on Russia Plants May Disrupt Diesel Market
The flurry of Ukrainian drone attacks on Russia’s oil refineries risks disrupting global markets for petroleum products, the International Energy Agency said.
April 12, 2024OPEC+ Sticks With Supply Cuts While Oil Nears $90 a Barrel
OPEC+ chose to stick with oil supply cuts for the first half of the year, keeping global markets tight and potentially sending prices higher.
April 3, 2024The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working
For all the costly hardware the U.S. and its allies have thrown at the Houthis from Yemen, they haven’t been able to stop the attacks on civilian freighters and warships in the Red Sea.
March 27, 2024CATL Works With Tesla on Fast-Charging Cells
Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000.
March 25, 2024Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer
President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.
March 13, 2024Global Fuel Prices Are Surging With Supply Risks Ahead
Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices in the run-up to a U.S. presidential election.
March 12, 2024Houthi Missile Damages MSC Containership in Gulf of Aden
Houthi militants attacked and damaged a Swiss-owned container vessel on March 4 in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.
March 5, 2024OPEC+ Extends Oil Cuts Through June
OPEC+ extended its oil supply cutbacks to the middle of the year in a bid to avert a global surplus and shore up prices.
March 3, 2024Lineage Logistics Leads US IPOs Heading for Second Quarter
Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.
February 9, 2024