Stocks
Indian law enforcement agencies summon Amazon and Future Group
The Indian Economic Crime Agency has summoned officials from Amazon.com Inc. (O: AMZN) and its war partner Future Group on a case related to alleged violation of foreign investment rules, according to sources with direct knowledge of the matter.
Tesla withdraws application for state funding for German battery factory
Tesla (NASDAQ: TSLA) said Friday that it withdrew its state aid application for its proposed battery factory near Berlin as CEO Elon Musk stated the electric vehicle maker is opposed to all subsidies.
Shares of German cannabis companies rise after approval of legalization
Shares in German cannabis company SynBiotic rose sharply Thursday, shortly after the new government promised to legalize the drug.
EU gas companies prepare pipelines for hydrogen highway
While the heads of state and government were negotiating an agreement to slow down climate change last week, gas engineer Michele Ricciardi was grappling with a practical problem: How can thousands of kilometers of pipelines in Italy and Europe be safely …
Michigan marijuana authorities are recalling cannabis products from stores
The Michigan Marijuana Regulator has issued a recall on marijuana products that have been tested by testing facilities in the past few months. This affects more than 400 retail outlets across the state. The agency said Wednesday it had found "inaccurate and / …
U.S. natural gas producers face billions in losses through hedging in 2022
US gas producers will have to post billions in hedging losses in the next year because they secured most of their production for 2022 before the recent energy crisis shot gas prices soaring, an analysis by Rystad Energy shows.
Alexander Wynaendts is to take over chairmanship of Deutsche Bank
As head of the Dutch insurer Aegon (NYSE: AEG), Alexander Wynaendts led a complex European financial institution with employees around the world and a large presence in the US during a turbulent decade. This experience should benefit him as the next chairman …
Why the legal cannabis industry is popular in the American South
When it comes to cannabis, states like California, Colorado, and Oregon get the most attention. But some of the nation's largest marijuana companies have their roots south of the Mason-Dixon Line.
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.
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.