[ad_1] U.S. stock futures and global equity indexes dropped as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could smother economic growth, especially in Europe. Futures tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq-100 declined between 1.4% and 1.6%, indicating U.S. […]
[ad_1] Americans are paying about twice as much for gasoline now as they were early in the Covid-19 pandemic. And the high price of fuel is costing consumers away from the gas pump, too, contributing to decades-high inflation on a range of goods and services. When oil becomes more expensive, so does everything else. And […]
[ad_1] The charging points will have one or more types of chargers with fast, slow or moderate speed capacity Convergence Energy Services Ltd (CESL) has signed an agreement with Hindustan Petroleum Corporation Ltd (HPCL) for setting up charging infrastructure in selected retail outlets at several cities across the country. Spanning 10 years, the agreement entails […]
[ad_1] Global stocks are broadly lower, along with government-bond yields and commodity prices, amid renewed anxiety around the Delta variant of Covid-19 and inflation. Here’s what we’re watching ahead of Monday’s open. Full market wrap here. Five9 FIVN 0.58% investors are high-fiving each other this morning. Videoconferencing service Zoom Video Communications ZM 1.45% plans to […]
[ad_1] A strong recovery in global oil demand next year could accelerate the pace of inflation and pressure countries with high debt levels, the Organization of the Petroleum Exporting Countries said Thursday. In a monthly report, OPEC made its first 2022 forecasts for the global oil market, saying it expects the world’s appetite for crude […]
[ad_1] A scramble for natural gas is creating pockets of scarcity in the global market, boosting prices for the fuel and for the electricity generated by burning it. Rampant demand in China is sucking in chilled cargoes of gas from the U.S., after a year in which American energy companies throttled back production. A drought […]
[ad_1] RNESL, which isyet to commencebusiness operations,will undertake activities pertaining to solar energy Reliance Industries has invested Rs 1,00,000 cash in Reliance New Energy Solar Limited’ (RNESL), a newly incorporated wholly owned subsidiary, as part of its foray into new energy. “The Company (Reliance Industries) has invested Rs 1,00,000 in cash in 10,000 equity shares of Rs […]
[ad_1] Government of India and Cairn Energy have been involved in a tax dispute case The Government of India and British oil major Cairn Energy have had a long face-off. It has its origin in a retrospective tax amendment law, under which the company was asked to pay a tax liability by India. Cairn contested […]
[ad_1] It isn’t even close to the peak of Texas’s sizzling summer season and already the state’s power grid has given out two warnings of tight conditions after a higher-than-usual volume of plants went offline. Wear and tear from the February winter storm is one possible explanation; market manipulation is another. They aren’t mutually exclusive. […]
[ad_1] Investors have lost a bundle this year betting on solar-panel and wind-turbine makers. Their response: to double down. A year ago, green stocks and the funds that track them rallied tremendously in the aftermath of the market’s recovery from a pandemic-induced swoon. Solar-panel and wind-turbine companies were among firms benefiting from a surge of […]