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Neste, NuStar expand California sustainable aviation fuel project NEW YORK (Reuters) - Renewable fuels company Neste and terminal operator NuStar Energy have expanded a California project to increase their distribution of low-carbon aviation fuel, the companies said Tuesday. Advocates for sustainable aviation fuel say the fuel is a way for the...
Airbus Shakeup Sees Technology, Defense Chiefs Leave Company (Bloomberg) -- Airbus SE shook up its senior leadership, with the heads of its defense and technology units set to leave the company. Dirk Hoke, chief executive officer of the defense and space division, will pursue other opportunities and depart on July 1,...
Siemens Healthineers Said to Eye $1 Billion Ultrasound Sale (Bloomberg) -- Siemens Healthineers AG is considering a sale of its ultrasound business, which could be valued at about $1 billion, according to people familiar with the matter. The German provider of medical equipment is weighing its options after receiving expressions of...
Western economies recovering faster than expected from Covid, says IMF Stronger recoveries from the Covid-19 pandemic in the US, the UK and other rich western countries will result in faster than expected growth for the global economy this year, the International Monetary Fund has predicted. The Washington-based IMF’s half-yearly World Economic...
Amazon apologises for worker urination denial https://www.youtube.com/watch?v=rp2HmQlOjes Amazon has apologised to a US politician for falsely denying that drivers are, at times, forced to urinate in plastic bottles. Mark Pocan, a Democrat from Wisconsin, referenced Amazon making "workers urinate in water bottles" in a tweet. The official Amazon Twitter account then replied: "If...
Microsoft wins $21.9 billion contract with U.S. Army to supply augmented reality headsets   By Stephen Nellis and Paresh Dave (Reuters) - Microsoft Corp on Wednesday said it has won a deal to sell the U.S. Army augmented reality headsets based on its HoloLens product and backed by Azure cloud computing services. The...
Elon Musk Reveals Tesla Will Increase $1.5 Billion Bitcoin Holdings, Boosting The Price   Tesla TSLA -4.8% chief executive Elon Musk—whose tweets regularly move the bitcoin price (as well as other cryptocurrencies)—has revealed people can now buy a Tesla car with bitcoin. In a series of tweets, Musk said that bitcoin paid to Tesla will be retained as the...
Facebook and Amazon Unleash Spending, Vault Atop U.S. Lobbying     (Bloomberg) -- Facebook Inc. and Amazon.com Inc. became the largest corporate lobbying spenders in Washington the last two years, outstripping defense contractors and telecommunications providers, according to a new report from a progressive consumer advocacy group. Facebook increased spending 56% to $19.7...
Global shipping could take a hit due to lack of vaccine access for seafarers     The International Chamber of Shipping is warning the global shipping community the lack of access to vaccines for seafarers will place the industry in a 'legal minefield' and leave global supply chains vulnerable, according to a...
Turkish Lira Plunges After Upheaval at Central Bank     (Bloomberg) -- The Turkish lira plunged as much as 15% following President Recep Tayyip Erdogan’s shock decision to replace the country’s central-bank chief. It was quoted at 8.2247 at 10:01 a.m. Sydney time after earlier weakening to 8.4707 per dollar. That erased more...

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Cruise operator Carnival

Cruise operator Carnival discloses personal data breach, shares down 1

Cruise operator Carnival discloses personal data breach, shares down https://www.youtube.com/watch?v=TX-wEOAGaEs (Reuters) -Cruise operator Carnival Corp said on Thursday it had detected unauthorized access to its computer...
China National Petroleum

China National Petroleum Global 500

China National Petroleum   https://www.youtube.com/watch?v=bmAE9URKX-c   The past year brought plenty of adversity for China National Petroleum Corp (CNPC), the state-owned parent company of the country’s second-largest oil...
McDonalds

McDonalds Reopening Plans Face Reluctance From Some Franchisees 1

McDonalds Reopening Plans Face Reluctance From Some Franchisees   https://www.youtube.com/watch?v=y8mvPBA7bWg McDonald’s Corp. is planning for fully reopened dining rooms in the U.S. this summer, though it’s running...
China crypto players

China crypto players shrug off Beijing’s latest crackdown 1

China crypto players shrug off Beijing's latest crackdown   https://www.youtube.com/watch?v=HhR2WcUSk1c           China's announcement on Tuesday of a tougher ban on banks and payment companies offering crypto-related services furthered...
State Grid

State Grid Global 500

State Grid     https://www.youtube.com/watch?v=f7XGFSn0dXg       It wasn't an electric year for State Grid, China’s state-owned power company, as sales dipped just under 1% in 2019. Beijing appointed Mao...