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Global oil demand could hit record high as China reopens

January 18, 2023 4:54 AM CNN Newsource

By Anna Cooban, CNN Global oil demand is expected to hit its highest-ever level this year on the back of China’s swift reopening of its…

‘Inconsistent with human survival’: UN chief slams fossil fuel industry expansion in Davos speech

January 18, 2023 3:18 AM CNN Newsource

By Ivana Kottasová, CNN The UN Secretary General has accused fossil fuel producers and their financial backers of “racing to expand…

Macao gambling promoter Alvin Chau sentenced to 18 years – public broadcaster

January 18, 2023 3:18 AM CNN Newsource

Philip Wang Alvin Chau, one of Macao’s high-profile gambling promoters, has been sentenced to 18 years in prison for racketeering and illegal…

South Africa’s energy crisis deepens as blackouts hit 12 hours a day

January 18, 2023 1:57 AM CNN Newsource

By Hanna Ziady, CNN South Africa’s President Cyril Ramaphosa was forced this week to cancel a trip to Davos by an escalating energy crisis that…

Women living in states with abortion bans suffer greater economic insecurity

January 17, 2023 10:06 PM CNN Newsource

By Vanessa Yurkevich, CNN Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where…

Women living in states with abortion bans suffer greater economic insecurity

January 17, 2023 10:06 PM CNN

CNN By Vanessa Yurkevich, CNN Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where…

Yen falls after Bank of Japan maintains ultra-easy policy

January 17, 2023 9:22 PM CNN Newsource

By Laura He, CNN The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations…

What we learned at Davos: The economy is a mess, but there’s still hope

January 17, 2023 2:41 PM CNN

CNN, CNN BUSINESS By Nicole Goodkind, CNN Friday marks the end of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering…

Regulators conducting interviews in JFK airport near-crash probe

January 17, 2023 2:00 PM CNN Newsource

By Pete Muntean and Gregory Wallace, CNN Investigators are probing the narrowly avoided catastrophic collision between two airliners at New…

Ousted Disney CEO Bob Chapek will get $20 million exit pay

January 17, 2023 1:53 PM CNN Newsource

By Jordan Valinsky, CNN Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit. The Walt Disney Company said…

Tesla reports record earnings but tighter profit margins

January 17, 2023 1:44 PM CNN

CNN By Chris Isidore, CNN Tesla reported record profits for the fourth quarter and the full year, but its profit margins were tighter due to higher…

Tesla-induced pileup involved driver-assist tech, government data reveals

January 17, 2023 1:44 PM CNN Newsource

By Matt McFarland, CNN Business The Tesla Model S that braked sharply and triggered an eight-car crash in San Francisco in November had the…

Elon Musk is being sued over his ‘funding secured’ tweet. Here’s what you need to know

January 17, 2023 11:19 AM CNN Newsource

By Chris Isidore, CNN A four-year old tweet from Elon Musk has the Tesla CEO back in court starting Tuesday. Musk, Tesla and other Tesla directors…

No recession after all? Business leaders are more hopeful as China reopens

January 17, 2023 10:02 AM CNN Newsource

By Julia Horowitz, CNN Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession…

Americans are already starting to pull back on their spending, survey shows

January 17, 2023 9:51 AM CNN Newsource

By Alicia Wallace, CNN Americans have already started to rein in their spending — and expect to pull back some more this year, according to a…

Goldman Sachs and Morgan Stanley both hit hard by deal drought

January 17, 2023 9:47 AM CNN Newsource

By Paul R. La Monica, CNN Let’s not make a deal? Investment banking powerhouses Goldman Sachs and Morgan Stanley both reported substantial…

Europe’s ban on Russian diesel could send pump prices even higher

January 17, 2023 9:01 AM CNN Newsource

By Anna Cooban, CNN Europe is scrambling to buy diesel fuel from Russia before a ban on imports comes into force in early February, but the frantic…

The Chevrolet Corvette E-Ray is the first-ever hybrid Corvette

January 17, 2023 7:11 AM CNN Newsource

By Peter Valdes-Dapena, CNN Exactly 70 years after the very first Chevrolet Corvette was unveiled in January, 1953, General Motors revealed the first…

The Chevrolet Corvette E-Ray is the first-ever hybrid Corvette

January 17, 2023 7:11 AM CNN

CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN Exactly 70 years after the very first Chevrolet Corvette was unveiled in January, 1953, General Motors…

The rich should pay higher fares to clean up aviation, says Heathrow boss

January 17, 2023 5:41 AM CNN Newsource

By Hanna Ziady, CNN Rich travelers will have to pay more to fly if the aviation industry is to transition to greener fuels, the boss of one of the…

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