Rivalry and competitions have already crowded the electric vehicle market, wherein Innogy approached the consortium to make a place for itself. The Chief Executive Officer of Innogy, Peter Terium, reported that the company was intensely talking to a “group of carmakers” in the hope of being...

As part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker's diesel emissions scandal, Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements.   This confession comes as the automaker strives to put...

The oil and gas industry conditions are just right for Donald Trump if he wants to bring America’s coal industry back.   Coal is made more competitive in the power sector as natural gas prices are higher than a year ago. Prices for metallurgical coal used in steelmaking are boosted by...

The U.S. President Donald Trump and his family were given protection were they to develop the "Trump" brand in the Chinese market as documents on China's state trademark office show that China has granted preliminary approval for 38 trademarks linked to Donald Trump.   the complexities and...

The Norwegian Oil Fund intends to send down several companies due to high corruption risks. Organizations with large amounts of carbon dioxide emissions and other non-core assets have already been blacklisted. Thus, the fund intends to achieve economic efficiency and keep only companies with oil...

Popularity of virtual assets is growing, and rate of digital currency Bitcoin can climb to historic highs by the end of the year. Analysts predict that price of Bitcoin can reach $ 3 thousand before the end of the year. The crypto currency is rapidly taking the leading positions in the market, and...

South Korea's government and a U.S. trade group said on Monday that after the United States detected its first case this year of avian flu on a commercial chicken farm, South Korea, Japan, Taiwan and Hong Kong have limited imports of U.S. poultry.   South Korea's agriculture ministry said...

In a row over who should shoulder billions of dollars in liabilities sparked by delays and cost blow-outs, producers in Australia are now locked in legal battles with contractors after splurging $200 billion building the world’s biggest gas export plants.   Among energy heavyweights trying...

The fifth session of the National People's Congress (NPC, Supreme Authority of China) of the 12th convocation is held in Beijing. The annual sessions address the most urgent problems of the country's socio-economic development, sum up results of the previous year and sets new goals. Chairman of...