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Home Breaking News

Mars has secretly become bigger than Coca-Cola, and the reason might not have much to do with candy bars

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June 23, 2022
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Deep rift lies behind Biden’s criticism of oil and gas industry

U.S. President Joe Biden has publicly criticized oil and gas executives for banking big profits from high gasoline prices but he has rarely spoken directly to the heads of energy companies or their representatives, White House records and interviews with industry sources show. Biden said at a labor union event this month that Exxon Mobil Corp “made more money than God this year” and sent a letter to seven oil and gas companies calling on them to increase production to help ease the burden on consumers. His actual engagement with energy company officials is rare, however, according to the industry sources and records, a marked contrast to Biden’s meetings with top executives in retail, logistics and agriculture, as the government grapples with inflation at a 40-year high and supply chain snarls.

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Hong Kong’s Hang Seng rises 3% led by Chinese tech stock

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June 27, 2022
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SINGAPORE -- Shares in the Asia-Pacific traded higher on Monday as investors assess inflation and recession fears. Hong Kong's Hang...

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