Court order delays construction at ConocoPhillips’ Alaska project

2/2 © Reuters. FILE PHOTO: The ConocoPhillips Alaska Inc. building overlooks the frozen Westchester Lagoon in downtown Anchorage 2/2 By Yereth Rosen ANCHORAGE, Alaska (Reuters) – A weekend court ruling has temporarily blocked winter construction at a huge ConocoPhillips (NYSE:) oil project on Alaska’s North Slope. U.S. District Court Judge Sharon Gleason issued an order […]

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Environmental groups appeal Illinois order allowing Dakota pipeline expansion

By Laila Kearney NEW YORK (Reuters) – Environmental groups are appealing a decision made last month by Illinois regulators to allow the expansion of the Dakota Access oil pipeline (DAPL), according to documents filed with the state on Friday. The Illinois Commerce Commission last month voted to approve an application to roughly double the capacity […]

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Google at odds with U.S. over protective order for firms tied to lawsuit: court filing

© Reuters. FILE PHOTO: Logo of Google is seen in Davos WASHINGTON (Reuters) – Alphabet (NASDAQ:)’s Google and the U.S. Justice Department have failed to reach agreement over a protective order for third parties like Microsoft that provided data to the government for its lawsuit against the search and advertising giant. Google is pressing for […]

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Tsingshan’s stainless steel order book fills as China rebounds, traders load up

© Reuters. By Mai Nguyen and Tom Daly SINGAPORE/BEIJING (Reuters) – Tsingshan Holding Group, the world’s biggest stainless steel producer, has sold the entire output of its Chinese plants through June, said two sources familiar with its sales, a sign of potentially strong domestic demand for the metal The full order book indicates some recovery […]

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Tesla’s Musk says ready for arrest as he reopens California plant against local order

2/2 © Reuters. FILE PHOTO: Treasury Secretary Steven Mnuchin speaks during the daily coronavirus task force briefing at the White House in Washington 2/2 By Tina Bellon (Reuters) – Tesla Inc (O:) Chief Executive Elon Musk on Monday said production was resuming at the automaker’s sole U.S. vehicle factory, in California, defying an order to […]

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PBOC Extends Easing Measures in Order to Shore up Ailing Economy

The Central Bank of China decided to lower reserve requirement ratio for small and medium-sized commercial banks unlocking about 400 billion yuan ($ 56.38 billion) of liquidity to shore up the economy damaged by costly lockdowns. The People’s Bank of China said on its website that it would reduce the required reserve ratio for banks […]

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Coronavirus – Washington’s Gov extends the stay at home order through until May 4

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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