Arvin Donguines
The Latest
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New York Sues ExxonMobil For Misleading Investors On Climate Change Regulations
New York Attorney General Barbara D. Underwood filed a lawsuit on Wednesday against Exxon Mobil Corp, saying that the world’s largest fuel company has misled investors for years about the financial risks of climate change on its business and downplaying its expected risks. New York Attorney General Barbara D. Underwood filed a lawsuit on Wednesday against Exxon Mobil Corp, saying that the world’s largest fuel company has misled investors for years about the financial risks of climate change on its business and downplaying its expected risks. -
Philippine’s Jollibee Foods Looking To Expand Market Reach Abroad
Jollibee Foods Corporation aims to generate 50 percent of its total sales coming from its global enterprises within the next five to seven years, the company’s chief executive told Reuters on Thursday. Jollibee Foods Corporation aims to generate 50 percent of its total sales coming from its global enterprises within the next five to seven years, the company’s chief executive told Reuters on Thursday. -
Canada Money Declines In Value Versus The US Greenback
Canadian dollar weakened in value as it goes up against the US dollar, while the global oil prices continue to slip away following reports in the increase of US crude inventories last week which added more to the money’s decline. Canadian dollar weakened in value as it goes up against the US dollar, while the global oil prices continue to slip away following reports in the increase of US crude inventories last week which added more to the money’s decline. -
Iran Pushes On Its Crude Supply Deal With China; Iranian Oil Armada Now Heading For Dalian Port
A huge volume of crude products from Iran is now reportedly en route to China’s northeast Dalian port and is expected to arrive within this month and in early November as Tehran braces itself for the upcoming implementation of Washington’s latest economic sanctions, an Iranian shipping manifest and data revealed on Refinitv Eikon. A huge volume of crude products from Iran is now reportedly en route to China’s northeast Dalian port and is expected to arrive within this month and in early November as Tehran braces itself for the upcoming implementation of Washington’s latest economic sanctions, an Iranian shipping manifest and data revealed on Refinitv Eikon. -
Goldman Sachs Protests Saudi Conference; To Send Junior Execs Instead Of Dina Powell
Goldman Sachs Group Inc. announced on Thursday its decision to pull out one of its top executives in the upcoming Saudi investment conference next week amidst the mounting pressure from international governing bodies on Riyadh over the unexplained disappearance of journalist Jamal Khashoggi. Goldman Sachs Group Inc. announced on Thursday its decision to pull out one of its top executives in the upcoming Saudi investment conference next week amidst the mounting pressure from international governing bodies on Riyadh over the unexplained disappearance of journalist Jamal Khashoggi. -
EU Looks To Asia For Backing In Issues On Free Trade, Iranian Deal, Global Warming
The European Union is now setting its eyes to Asia as it looks for support in upholding the global free trade, manage the failing Iranian nuclear deal, as well as mitigating the effects of climate change during the recently-held regional summit on Thursday. The European Union is now setting its eyes to Asia as it looks for support in upholding the global free trade, manage the failing Iranian nuclear deal, as well as mitigating the effects of climate change during the recently-held regional summit on Thursday. -
High Domestic Crude Stock Sends US Oil Price Sinking Below $70
The global price for oil plummeted on Wednesday, with the US crude futures sinking below $70 per barrel, the first in this month, following the increase of the country’s crude stockpiles by 6.5 million barrels, triple that of what analysts had originally forecasted. Meanwhile, exports dropped. The global price for oil plummeted on Wednesday, with the US crude futures sinking below $70 per barrel, the first in this month, following the increase of the country’s crude stockpiles by 6.5 million barrels, triple that of what analysts had originally forecasted. Meanwhile, exports dropped. -
US Officials Back Funds Vying To Remove Mark Zuckerberg As Facebook’s Chairman
Time will tell if Mark Zuckerberg of Facebook would suffer the same fate as that of Tesla’s Elon Musk when recent news surfaced citing several public funds with holdings in the popular social media site are campaigning for the removal of Zuckerberg as chairman of the network company’s board of directors. Time will tell if Mark Zuckerberg of Facebook would suffer the same fate as that of Tesla’s Elon Musk when recent news surfaced citing several public funds with holdings in the popular social media site are campaigning for the removal of Zuckerberg as chairman of the network company’s board of directors. -
Tesla Acquires 210-Acre Land In Shanghai To Build Its First Overseas Gigafactory
Electric vehicle maker Tesla announced that it has signed a memorandum of agreement on Wednesday to secure a 210-acre (860,000 square meter) plot of land in Shanghai, China. In the newly-purchased site will rise the company’s first Gigafactory outside of the United States, a clear signal that the EV maker is pushing ahead on its global development plans despite the looming effects and threats brought by the on-going China-US trade war. Electric vehicle maker Tesla announced that it has signed a memorandum of agreement on Wednesday to secure a 210-acre (860,000 square meter) plot of land in Shanghai, China. In the newly-purchased site will rise the company’s first Gigafactory outside of the United States, a clear signal that the EV maker is pushing ahead on its global development plans despite the looming effects and threats brought by the on-going China-US trade war. -
Taxi Drivers Go On Strike Against South Korean Ride-Hail Mobile App
Tens of thousands of South Korean taxi drivers left their cars on Thursday to go out in the streets of Seoul and nearby areas to vent their anger over the plans to establish a new mobile rideshare service by the country’s top chat app which, according to them, could threaten their only means of living. Tens of thousands of South Korean taxi drivers left their cars on Thursday to go out in the streets of Seoul and nearby areas to vent their anger over the plans to establish a new mobile rideshare service by the country’s top chat app which, according to them, could threaten their only means of living.