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Oil & Gas Trade

Carlyle Hires Goldman Sachs for Lukoil Asset Bid

U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…

United States

American Airlines Ramps up Premium Upgrades to Regain Ground on Delta, United

American Airlines is placing a strong emphasis on premium offerings to strengthen its position in the industry. The carrier is introducing enhancements such as …

United States

US FAA to Spend $6 Billion on Air Traffic Telecom, Radar

The U.S. Federal Aviation Administration (FAA) is allocating $6 billion by the end of the current year to upgrade air traffic control telecommunications infrast…

Biofuel

US EPA Expects to Finalize Biofuel Rules in First Quarter of 2026

The U.S. Environmental Protection Agency (EPA) indicated on December 16, 2025, that it plans to complete the biofuel blending requirements for 2026 and 2027 in …

Electric Vehicles

Tesla Shares Jump as Musk Confirms Driverless Robotaxi Testing

Tesla shares reached their highest level in almost a year on Monday, following an announcement from CEO Elon Musk regarding the company's testing of robotax…

United States

Nvidia Buys AI Software Provider Schedmd to Expand Open-Source AI Push

Nvidia announced on Monday the acquisition of SchedMD, a software company specializing in artificial intelligence workload management. This move reinforces the …

United States

US Homebuilder Sentiment Inches up to Eight-Month High December

U.S. builder confidence in the single-family housing market rose modestly in December 2025, reaching an eight-month high, according to the NAHB/Wells Fargo Hous…

Metal

Korea Zinc to Build $7.4 Billion US Minerals Refinery With Trump’s Support

Korea Zinc announced on Monday a plan to invest in a major critical minerals refining facility in Tennessee, United States, with a total project value of approx…

United States

Chlorum Solutions Acquires Iowa Chlor-Alkali Facility From Cargill

Chlorum Solutions USA LLC, headquartered in Chicago, announced on December 13, 2025, the signing of a definitive agreement to purchase Eddyville Chlor-Alkali, L…

United States

OpenAI Unveils GPT-5.2 Improvements

OpenAI introduced its advanced AI model, GPT-5.2, on December 11, 2025, offering improvements in professional tasks, coding performance, and handling of extende…

United States

Azul Wins Court Nod for Debt Restructuring, American and United to Invest

A U.S. bankruptcy judge approved the debt restructuring plan for Brazilian airline Azul on December 12, 2025, enabling the company to reduce more than $2 billio…

United States

JBS to Close California Beef Plant

JBS, the world's largest meat company, announced on December 12, 2025, the permanent closure of a beef preparation facility located outside Los Angeles. The…

Energy Storage Project

Trina Storage and Lightshift to Deploy Over 1GWh Energy Storage Systems in US

Trina Storage and Lightshift Energy have expanded their partnership to deploy more than 1 GWh of grid-scale battery energy storage systems across the United Sta…

United States

Southwest CEO Expects Boeing Max 7 to Be Certified Around August 2026

Southwest Airlines now anticipates that the Boeing 737 MAX 7, the smallest member of the MAX family, will receive type certification around August 2026, with en…

Electric Vehicles

Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions

Tesla's U.S. sales fell to a near four-year low in November, despite the introduction of more affordable variants of its leading electric vehicles, accordin…