The Pyxis Ocean sailed from China to Brazil in September 2023, partially powered by large ‘wings’. Cargill A cargo ship with a difference is set to dock at the Polish port of Gdynia early next week. The Pyxis Ocean, a bulk carrier that is 229 meters long and 32 meters wide, looks like any other
Environment
The top 10 things to watch on Wednesday, Oct. 18 1. U.S. stock are under pressure in premarket trading Wednesday, with S & P 500 futures down 0.47%. Bond yields are steady, with that of the 10-year Treasury holding above 4.8%. And oil prices climb higher amid escalating tensions in the Middle East, as West
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines said more expensive jet fuel and a halt to the carrier’s Tel Aviv flights during the Israel-Hamas war will
Heavy electrical transmission lines at the powerful Ivanpah Solar Electric Generating System, located in California’s Mojave Desert at the base of Clark Mountain are viewed near Primm, Nevada, July 15, 2022. George Rose | Getty Images News | Getty Images The world has to add or replace 49.7 million miles of transmission lines by 2040
The floating solar photovoltaic power plant by EDPR Sunseap Group, a unit of Energias de Portugal SA, in Woodlands, in Singapore, on Wednesday, Dec. 7, 2022. Bryan van der Beek | Bloomberg | Getty Images Southeast Asia is home to some of the world’s fastest-growing economies. As energy demand grows, the region is turning to
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. U.S. stocks climbed higher Monday, with both the S & P 500 and Nasdaq Composite gaining more than 1% in midmorning trading. Bank stocks were some of Monday’s outperformers,
The Jan De Nul Group’s Voltaire in waters off China in Dec. 2022. As wind turbines get bigger, the vessels that install them are having to change, too. VCG | Visual China Group | Getty Images A project to build a facility described as “the world’s largest offshore wind farm” took a big step forward
In this article @CL.1 XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a half years, a tripling in the S&P 500 Energy Index, and many soon-to-be-forgotten
A 3d digital rendering of a metal hydrogen pipeline. Phonlamaiphoto | Istock | Getty Images President Joe Biden and Secretary of the U.S. Department of Energy Jennifer Granholm will announce on Friday seven regional “hydrogen hubs” which are collectively eligible for up to $7 billion in federal funding, according to senior White House administration officials.
Bloomberg | Getty Images Oil prices on Friday rose 4% after the U.S. tightened sanctions against Russian crude exports, exacerbating supply concerns in an already tightly balanced energy market. International benchmark Brent crude futures with December expiry traded 3.9% higher at $89.34 per barrel at around 6:25 a.m. ET, while front-month November U.S. West Texas
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities moved lower in midmorning trading Friday, with the S & P 500 down 0.2% and the Nasdaq Composite down 0.68%. Jim Cramer said that the market is
In this article DUK NEE Follow your favorite stocksCREATE FREE ACCOUNT A rendering of a hydrogen energy storage gas tank for clean electricity solar and wind turbine facility.3d rendering Vanit Janthra | Istock | Getty Images One of the most generous tax credits in Biden’s landmark climate bill, the Inflation Reduction Act, is the production
Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City. Michael M. Santiago | Getty Images In an all-hands meeting on the evening of Nov. 9, 2022, Alameda Research employees gathered in a
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. equities were mixed in midmorning Thursday — the S & P 500 was down 0.13%, while the Nasdaq Composite rose 0.13% — following the release of the Labor
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has raised its growth forecast for India, saying the country’s growth will remain strong in 2023 and 2024 — but analysts warn there will be headwinds
In this article PXD XOM Follow your favorite stocksCREATE FREE ACCOUNT U.S. Federal Reserve Chair Jerome Powell speaks during a news conference after a Federal Open Market Committee (FOMC) meeting on September 20, 2023 in Washington, DC. Chen Mengtong | China News Service | Getty Images This report is from today’s CNBC Daily Open, our
Jim Cramer said Wednesday he intends to sell the Investing Club’s entire Pioneer Natural Resources (PXD) position when trading restrictions allow, following the official announcement that Exxon Mobil (XOM) is acquiring the company in an all-stock deal. The transaction values Pioneer at $59.5 billion , or $253 per share. That’s about 18% above where Pioneer’s
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. Peter Boer | Bloomberg | Getty Images A project described as the “world’s largest offshore wind farm” took a major step forward over the weekend after producing its first power. Located off the coast of northeast England in the North Sea, the Dogger
In this article BAC ENOG-GB Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open
Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea’s research and development facility at the Port of Los Angeles, in the San Pedro neighborhood, on April 21, 2023 in Los Angeles, California. Mario Tama | Getty Images California Gov. Gavin Newsom on Saturday gave the greenlight for the state’s
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