Top Biden official at Senate hearing defends liquefied natural gas pause
A top U.S. Department of Energy (DOE) official on Thursday defended President Joe Biden’s pause on approvals of liquefied natural gas (LNG)…
A Goldman Sachs-backed electricity firm is making a play to reach more Americans’ homes
Goldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas energy retailer…
Biden pauses approval of new LNG export projects in win for climate activists
President Joe Biden paused pending approvals of exports from new liquefied natural gas projects on Friday, a move cheered by…
Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security
A federal judge last month rejected a request by Binance founder Changpeng “CZ” Zhao to travel to his home in…
Yellen to step up campaign touting Biden’s economic record
The Biden administration is dispatching U.S. Treasury Secretary Janet Yellen to Chicago and Milwaukee this week as part of a…
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table
Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…
Putin makes rare visits to the UAE, Saudi Arabia to talk strengthened relations, Israel-Hamas war
DUBAI, United Arab Emirates — Russian President Vladimir Putin arrived in Riyadh on Wednesday evening local time, Russian state media…
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in…
Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price…
Bank of England governor says Israel-Hamas conflict poses risks to inflation fight
Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…
