Environment

Oil pumping jacks operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg | Getty Images Indian Petroleum Minister Shri Hardeep Singh Puri on Monday said the country will carefully assess whether to support a G-7 proposal to impose a cap on the price of Russian oil. “There

10 and 5 euro notes. Adrien Fillon | Nurphoto | Getty Images LONDON — The euro fell below 99 cents for the first time in 20 years Monday, after Russia said it would shut off its main gas supply pipeline to Europe indefinitely. The EU’s common currency was trading around 0.9911 versus the dollar by 10:00 a.m.

In this article 5334.T-JP STLA-IT GM F TSLA The race to build electric vehicles in the U.S. is heating up as fresh rounds of investment come out of Washington. Workers at the former heart of the auto industry fear being left behind. “When we look carefully at what goes on on the factory floor, it

BALI, Indonesia — The European Union on Saturday urged China and India to join the G-7 initiative to apply a cap on Russian oil prices, saying it is unfair for countries to pay excess revenues to Moscow amid the Kremlin’s war in Ukraine. The G-7 nations announced Friday that they agreed on a plan to

The European Union is “ready to react” to Russia’s decision to halt gas supplies to the bloc, a top EU official told CNBC on Saturday. Russia’s state-owned energy giant Gazprom on Friday announced an indefinite halt to gas flows to Europe via the Nord Stream 1 gas pipeline, citing the need for additional repairs. The

The initial price cap on Russian oil will be set “at a level based on a range of technical inputs.” Bloomberg | Bloomberg | Getty Images The Group of Seven wealthy nations on Friday agreed on a plan to implement a price-capping mechanism on Russian oil exports, seeking to curtail the Kremlin’s ability to fund

It was a very busy week here at the CNBC Investing Club — no major shakeups to the portfolio, but we still made lots of trades to take advantage of this turbulent market. Bottom line The lingering effects of Federal Reserve Chairman Jerome Powell’s Jackson Hole speech last Friday, Aug. 26, gave us an opportunity

Germany is currently ahead of schedule in its race to fill underground gas storage facilities ahead of winter. Bloomberg | Bloomberg | Getty Images Europe’s dependence on Russian gas appears to be coming to an end, energy and political analysts say, potentially alleviating the risk of further supply disruptions at a time when many fear

The exterior of Crypto.com Arena on January 26, 2022 in Los Angeles, California. Rich Fury | Getty Images It took seven months for the Matt Damon-endorsed Crypto.com to realize that it accidentally sent AU$10.5 million dollars (about $7.1 million at today’s exchange rate) to a woman in Australia, instead of the 100 Australian dollar refund

Idle cranes line empty docks at the port of Constanta, Romania, on Tuesday, June 21, 2022. Oil prices will hold steady for the rest of the year with marginal declines in 2023, analysts estimated, with the exception of one who foresees “more bullish than bearish factors” for the market going forward. Andrei Pungovschi | Bloomberg

We’re buying 35 shares of Danaher (DHR) at roughly $270.33 each, and selling 25 shares of Pioneer Natural Resources (PXD) at roughly $254.87. Following Wednesday’s trades, Jim’s Charitable Trust will own 485 shares of Danaher, increasing its weighting in the portfolio to 4.5% from 4.19%, and 125 shares of PXD, decreasing its weighting in the

U.S Special Presidential Envoy for Climate John Kerry (right) with President of COP26 Alok Sharma at the G-20 Joint Environment and Climate Ministers’ Meeting in Nusa Dua, Indonesia’s Bali island, on Aug. 31, 2022. Firdia Lisnawati | Afp | Getty Images BALI, Indonesia — G-20 ministers have gathered in Indonesia to discuss their progress on

Twenty/20 In its first foray into the crypto sector, the House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from fraudsters. In a series of letters sent Tuesday morning, the committee asked four agencies, including the Department of the Treasury, the Federal Trade Commission,

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: Putting cash to work as stocks slide Buying shares of AMZN, QCOM, TJX and SBUX One stock we’re looking to trim 1. Putting cash to work as stocks slide The

We are selling 200 shares of Devon Energy (DVN) at roughly $74.72 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 700 shares of DVN, decreasing its weighting in the portfolio to 1.8% from 2.29%. It may be a down day for the broader market, but energy stocks are finding a lift thanks to

Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. David Gray | Reuters Shares of Australian coal producer Whitehaven has risen 200% this year. The share price of the Australian-listed miner has risen about 150% since the Russia-Ukraine

California, the country’s most populous state and the center of U.S. car culture, is banning the sale of new gasoline-powered vehicles starting in 2035, marking a historic step in the state’s battle against climate change. The rule, issued by the California Air Resources Board on Thursday, will force automakers to speed up production of cleaner

This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | Getty Images Japanese plans to pivot back to using more nuclear power have been welcomed by the International Energy

Airseas, the maritime unit of France’s Airbus, has developed a gigantic, automated kite called Seawing, which essentially tows a ship. Airseas The shipping industry accounts for nearly 3% of the world’s total greenhouse gas emissions, producing as much manmade carbon dioxide as all the coal-fired power plants in the U.S. combined. Still, it’s a relatively

We’re selling 35 shares of Pioneer Natural Resources (PXD) at roughly $258.60 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 170 shares of PXD, decreasing its weighting to 1.46% from 1.75%. In line with our recent sales of Coterra Energy (CTRA) on Monday and Chevron (CVX) earlier this month, we are taking the