Russia's Wealthiest Individuals Reap Record Dividends Amid Economic Slowdown
Russia's 50 richest people received a record 1.769 trillion rubles in dividends in 2024, despite signs of economic deceleration.
Trump's 'Big Beautiful Bill' Set to Reshape Energy Sector
The legislation will phase out clean energy tax credits and impact the U.S. power generation landscape.
Renault 5 E-Tech: The Electric Reincarnation of a French Icon
The Renault 5 E-Tech, Europe's car of the year 2025, brings back a beloved French classic as an all-electric vehicle with quirky features and strong performance.
Senior Oil Trader David Zimbler Retires from Millennium Management
David Zimbler, who led a large oil trading team at Millennium Management, is retiring after decades in the commodities trading industry.
Shell Denies Reports of Potential BP Mega-Merger
Shell has denied reports of early talks to acquire BP in what would be one of the largest energy deals ever.
NextEra Energy CEO Calls for Measured Approach to Clean Energy Tax Credit Reform
John Ketchum, CEO of NextEra Energy, argues for a pragmatic phase-out of clean energy tax credits to ensure continued power generation capacity in the U.S.
Oil Prices Drop as Israel-Iran Ceasefire Announced
Oil prices have fallen sharply following the announcement of a ceasefire between Israel and Iran, reversing gains made since mid-June.
Oil Prices Surge as US Strikes Iran's Nuclear Facilities
Oil prices hit a 5-month high following US strikes on Iran's nuclear sites, with concerns about potential disruptions to global oil supply through the Strait of Hormuz.
Oil Prices Expected to Spike 10% Following U.S. Attack on Iran
Oil prices could jump 10% after U.S. attacks on Iran, potentially sending Brent crude to nearly $85 per barrel, though the spike may be short-lived.