Oil Prices On A Rollercoaster After UAE Retracts Increased Supply Talk
Oil prices plunged by 17% Wednesday after the United Arab Emirates (UAE) had urged OPEC producers to increase output given sanctions that threaten Russian supply. However, prices rose 5% Thursday...
Tesla Orders Surge 100% As People Turn To Electric Cars Amid High Gas Prices
Tesla Inc (NASDAQ:TSLA) is benefiting from the global increase in oil prices. People in the U.S. are turning away from fossils fuels given the high cost of gas in specific...
McDonald's, Coca-Cola, PepsiCo, Flee Russia
McDonald’s Corp (NYSE:MCD) and Coca-Cola Co (NYSE:KO) have announced they will stop operating in Russia in response to the country's invasion of Ukraine, adding to a list of big global...
Amazon, Betting On The World's Most Promising Filmmaking Hub: Nigeria
Amazon Prime Video – the streaming service by Amazon Inc (NASDAQ:AMZN) – is turning to Nigeria for content by striking streaming deals with some of the country's most successful studios....
Google Announces $5.4 Billion Acquisition Of Mandiant
Google – Alphabet Inc (NASDAQ:GOOGL) – is set to acquire cybersecurity company Mandiant Inc (NASDAQ:MNDT) for a whopping $5.4 billion, in a move that sees the internet giant invest in...
Shell To Stop Buying Russian Oil And Gas
Shell PLC (LON:SHEL) announced it would cease oil and gas purchases from Russia, as the company is set to cut ties with the country's energy sector. Shell will also close...
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