industry
By Doyinsola Oladipo NEW YORK (Reuters) – Americans are expected to set a new record for Thanksgiving travel, with nearly 80 million to hit the roads, catch flights and board cruises over the holiday period, travel group AAA said on Monday. About 1.7 million more people will travel this year…
By Nichola Groom and Nina Chestney (Reuters) – After a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere, marking a setback for efforts to…
WASHINGTON (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver.…
Credit card data giant Yipit has accused two former salespeople of stealing intellectual property.The former employees took “secret information at the heart of Yipit’s business” to use in their roles at MScience, Yipit says in its lawsuit.The lawsuit does not name MScience, only Alex Pinsky, Zachary Emmett, and 10 John…
By Nichola Groom (Reuters) -The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden’s policies aimed at fighting climate change, saying the measures threaten jobs, consumer choice and energy security. The American Petroleum Institute (API), the nation’s top oil and…
Good morning! Tired of having to check your email when you’re supposed to be off the clock? A growing number of countries are implementing laws that make those late-night emails from your boss illegal.In today’s big story, OpenAI’s next big AI model isn’t showing massive improvement over previous versions, and…
By Nia Williams (Reuters) – Canada’s energy industry does not expect U.S. President-elect Donald Trump’s broad plans for protectionist trade measures will include tariffs on Canadian oil imports, because many U.S. refineries rely on barrels from north of the border. Some Canadian oil industry participants saw Trump’s election as a…
By William James and Kate Abnett BAKU (Reuters) -Azerbaijani President Ilham Aliyev used a keynote speech at the COP29 climate summit to lash out at Western critics of his country’s oil and gas industry, saying it had been the victim of a “well-orchestrated campaign of slander and blackmail”. The comments…
By Dawn Chmielewski and Harshita Mary Varghese (Reuters) – Warner Bros Discovery (NASDAQ:) CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday. “That would provide real positive and accelerated impact on this industry that’s needed,”…
Goldwind Science & Technology Co., Ltd. (ticker: 002202.SZ), a leading wind turbine manufacturer, reported strong third-quarter results for 2024, underpinned by the growth of the wind power industry and supportive government policies. During the earnings call, company executives outlined the significant increase in sales and backlog, improved profitability, and strategic…