video Making renewable energy switch will ‘cost a lot more’ than California thinks: Edward Ring California Policy Center Senior Fellow Edward Ring argues storage and distribution of wind and solar energy must be improved before making a fully renewable transition. As California leaders continue to push a renewable energy agenda, […]
Read morePrimary Health Buys Axis Technical Services; Signs Long-term Deal With Axis Heath Care Assets
Primary Health Properties Plc (PHP.L) Monday announced that it has acquired Axis Technical Services Ltd., an Irish property management business. As part of its efforts to further strengthen position in Ireland, the company also signed a long-term Development Pipeline Agreement with Axis Heath Care Assets Limited, a related company owned […]
Read moreUS poised to become net exporter of crude oil in 2023
video US energy needs to be ‘affordable, reliable and cleaner’: Chevron CEO Mike Wirth Chevron Chairman and CEO Mike Wirth discussed the oil company’s growth outlook and Biden’s energy agenda on ‘Mornings with Maria.’ The United States has become a global crude oil exporting power over the last few years, […]
Read moreEquifax Floats Offer To Acquire Brazil’s Boa Vista Serviços In $583 Mln Deal
Data, analytics, and technology company Equifax, Inc. (EFX) announced Monday it has made an offer to the Boa Vista Serviços’ Board of Directors to acquire all outstanding shares of Boa Vista Serviços, the second largest consumer credit bureau in Brazil, for R$8.00 per share, implying an estimated total enterprise value […]
Read moreChina calls for oil to be traded with yuan at Gulf summit in Saudi Arabia
video China’s Xi got a welcome from Saudis not afforded to Biden: Mary Kissel Former Secretary of State Pompeo senior advisor Mary Kissel reacts to Xi Jinping meeting with the Saudi crown prince, telling ‘Mornings with Maria’ this is a ‘significant strategic move by China.’ Chinese President Xi Jinping on […]
Read moreRussia oil price cap a ‘stupid and futile gesture’ that won’t work, analyst warns
video Price cap on Russian oil could backfire: Phil Flynn FOX Business contributor and Price Futures Group market analyst Phil Flynn discusses the global impact of a price cap on Russian oil. With a price cap on Russian oil possibly being announced as soon as Wednesday, market experts are weighing […]
Read moreBiden just put the US in a ‘very precarious position’ with another sale of reserve oil, CEO warns
video Biden tapping Strategic Petroleum Reserve puts US in a ‘very precarious position’: Mike Sommers American Petroleum Institute president and CEO Mike Sommers says the Biden administration talks ‘out of both sides of its mouth’ on U.S. oil production. After President Biden announced an additional 15 million barrels of oil […]
Read moreEU faces battle to keep energy prices from tanking economy
video Biden created America’s energy problems with his own rules, regulations: Sen. Roger Marshal Senate Energy Committee member Roger Marshall addressed the president releasing oil from its strategic petroleum reserve on ‘Mornings with Maria.’ European Union leaders enter a crucial stretch this week to make sure runaway energy prices and […]
Read moreVeris Residential To Sell Harborside 1/2/3 For $420 Mln; Closes $346 Mln Sale Of 101 Hudson Street
Real estate investment trust Veris Residential, Inc. (VRE) Monday said it has entered into a binding agreement to sell Harborside 1, 2, and 3 for an aggregate price of $420 million, subject to closing adjustments for several ongoing construction projects. The company also completed its sale of 101 Hudson Street […]
Read moreGlobal Blue Buys Majority Stake In Shipup; Terms Not Disclosed
Swiss technology company Global Blue Group Holding AG (GB) announced Tuesday the acquisition of a majority stake in Shipup, a RetailTech post-purchase company. The financial terms of the deal were not disclosed. The transaction is expected to close by the end of October 2022. Shipup offers merchants a simple, fully-controlled, […]
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