Big oil companies face backlash on both sides...

Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Awareness equity holdings after the hedge fund suffered steep AI losses, and DR Co ...  Show more

Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates unchanged at its meeting on Friday, and UK oil and gas companies are looking awa ...  Show more

Activist investors installed green-minded board members at ExxonMobil; Chevron’s shareholders pushed a carbon-cutting plan; a Dutch court ruled Shell must cut emissions. We examine <a href="https://www.economist.com/business/2021/05/23/what-a-proxy-fight-at-exxonmobil-says-abo ...

Summary of Recent Energy News: Trump pledges to unlock US energy potential with Alaskan oil and gas in a discussion with Elon Musk. Meanwhile, New Zealand faces a gas shortage that, although beneficial for climate goals, poses economic challenges. Additionally, Peyto has disclose ...  Show more

Strikes on the world’s largest refinery are bad news for the state oil firm ahead of a record-breaking stock listing—and worse news for the proxy war between Iran and America. Another coming listing is that of WeWork; we consider whether the office-rental firm can prove its cr ...

On today's podcast: (1) The EU's Ursula von der Leyen tells Bloomberg China's massive EV subsidies need to be investigated. (2) Rishi Sunak considers pushing back the 2030 ban on new petrol and diesel cars. (3) The CBI calls off its AGM at the last minute, amid 'cash-flow challen ...  Show more