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Shipping company under pressure to ship coal
Commodities

Shipping company under pressure to ship coal

Shipping companies shipping coal around the world are in the crosshairs of some financiers who are cleaning up their businesses in the absence of a truly global initiative by nations to cut the dirtiest fossil fuel.

November 18, 2021• 5 min
Toshiba's top shareholder undecided about the split
Investments

Toshiba's top shareholder undecided about the split

Toshiba's largest investor, Effissimo Capital Management, said on Saturday that it had not yet decided whether to support the Japanese industrial conglomerate's plans to split into three companies.

November 17, 2021• 1 min
Cannabis is coming to California State Fair 2022
Cannabis

Cannabis is coming to California State Fair 2022

After a two-year pandemic hiatus, the 2022 California State Fair returns with a new category of competition: cannabis. Yes, the fair will award the state's best bud. It could be the most culturally significant moment for California agriculture since the famous …

November 17, 2021• 4 min
Settlement with US healthcare workers
Investments

Settlement with US healthcare workers

Union leaders representing 50,000 nurses and other medical workers in the United States reached a preliminary settlement with Kaiser Permanente on Saturday, averting a strike that could have disrupted patient care in hospitals.

November 16, 2021• 2 min
USA addresses import duties on steel and aluminum
Commodities

USA addresses import duties on steel and aluminum

The United States said Friday it would start talks with Japan that could lead to easing tariffs on steel and aluminum imports, which have long been a nuisance in trade relations between the two allies.

November 16, 2021• 2 min
Agreement to avert the climate catastrophe
Commodities

Agreement to avert the climate catastrophe

The UN climate talks in Scotland ended with a global agreement that should uphold the hope of limiting global warming to 1.5 degrees Celsius and thus preserving a realistic chance of saving the world from catastrophic climate change.

November 15, 2021• 4 min
Hope for legalization fuels cannabis stocks
Cannabis

Hope for legalization fuels cannabis stocks

The stars could line up for cannabis stocks soaring on hopes of a Republican-led legalization initiative, according to Tim Seymour.

November 15, 2021• 2 min
Gas flows to Germany stopped again
Oil & Gas

Gas flows to Germany stopped again

The gas flows through the Yamal-Europe pipeline to the west to Germany have stopped again and flow in the opposite direction back to Russia, as data from the German pipeline operator Gascade showed on Saturday.

November 14, 2021• 2 min
No prospect of reducing fuel costs
Commodities

No prospect of reducing fuel costs

US Secretary of Energy Jennifer Granholm hinted on Friday that the Biden administration has little chance of getting the country's oil producers to increase production in order to reduce rising fuel costs.

November 14, 2021• 2 min
Pfizer makes promises for Covid-19 pill
Investments

Pfizer makes promises for Covid-19 pill

Pfizer Inc.'s experimental antiviral pill to treat COVID-19 lowers the risk of hospitalization or death in adults at risk of serious illness by 89%, the company said on Friday, while its CEO promised this promising new weapon in the fight against the pandemic …

November 13, 2021• 4 min