Skip to content
(Bloomberg) -- Exxon Mobil Corp. has been planning to increase annual carbon-dioxide emissions by as much as the output of the entire nation of Greece, an analysis of internal documents reviewed by Bloomberg shows, setting one of the largest corporate emitters against international efforts to slow the pace of warming.The drive to expand both fossil-fuel production and planet-warming pollution comes at a time when some of Exxon’s rivals, such as BP Plc and Royal Dutch Shell Plc, are moving to curb oil and zero-out emissions. Exxon’s own assessment of its $210 billion investment strategy shows yearly emissions rising 17% by 2025, according to the internal documents.The largest U.S. oil producer has never made a commitment to lower oil and gas output or set a date by which it will become carbon neutral, and its near-term plans have been disrupted by fallout from the Covid-19 pandemic. Exxon has also never publicly disclosed its...
MindMed To Provide Funding for Psychedelic Medicine Research Training Program at NYU Langone Health and NYU Grossman School of Medicine NEW YORK, Oct. 5, 2020 /CNW/ -- MindMed (NEO: MMED) (OTCQB: MMEDF), the leading psychedelic medicine biotech company, on the heels of filing a NASDAQ uplisting application, today announced a funding commitment to found and launch a clinical training program focused on psychedelic assisted therapies and psychedelic inspired medicines at NYU Langone Health, one of the nation's premier academic medical centers....
Indonesia's government is in early discussions with electric vehicles maker Tesla Inc about a potential investment in the Southeast Asia country, a major producer of nickel, an official said. Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, making batteries and eventually building EVs. It has stopped exports of unprocessed nickel ore to support investment in its domestic industries....
(Bloomberg) -- U.S. futures climbed with global stocks on optimism over economic stimulus and that President Donald Trump may soon leave the hospital. The yen retreated and Treasuries were steady.Consumer companies and banks led a broad advance among European stocks. Equities in Asia notched gains, while crude oil rebounded from a three-week low. Haven assets dipped, with gold and the dollar edging lower.Cheap Isn’t Enough Without a Brexit Breakthrough: Taking StockA member of Trump’s medical team said Sunday that the president could be released from hospital as soon as Monday after treatment for Covid-19. But Trump’s condition remains clouded by confusion, with the president’s effort to show strength contradicted by conflicting accounts from his doctors.“As for news around Trump, it will likely continue to cause extra volatility,” said Robert Greil, chief strategist at Merck Finck Privatbankiers AG. “I think this week clear progress or a deal on the next U.S. fiscal...
Oct.05 -- Jon Stanton, chief executive officer at Weir Group Plc., discusses the significance of the sale of its oil and gas business to Catepillar. He speaks on “Bloomberg Markets: European Open.”...
Oct.05 -- Former European Central Bank Vice President Vitor Constancio discusses messaging coming from the ECB, his concerns about inflation risks and the possibility of a delay on the EU recovery Fund. He speaks exclusively on “Bloomberg Markets: European Open.”...
