
Chevron Gets Narrow U.S. Approval to Retain Venezuela Assets Amid Sanctions
May 28, 2025 01:48 am UTC| Business Politics Governance
The Trump administration has issued a limited authorization allowing Chevron (NYSE:CVX) to retain its stakes in Venezuelan oil joint ventures, despite the expiration of its broader operating license. The decision comes...

U.S. Court Extends Bidding Deadline for Citgo Parent Company Shares
May 28, 2025 01:46 am UTC| Business Law
A U.S. federal judge has extended the deadline for submitting competing bids in the court-ordered auction of shares in PDV Holding, the parent company of Venezuela-owned Citgo Petroleum. The new deadline is now set for at...

SpaceX Starship Test Flight Reaches New Heights but Ends in Setback
May 28, 2025 01:26 am UTC| Business Technology Science
SpaceXs massive Starship rocket, central to Elon Musks vision for interplanetary travel, launched its ninth uncrewed test flight from Starbase, Texas, on May 27, 2025. The two-stage vehiclecomprising the upper-stage...

Azul Airlines Reportedly Preparing for Chapter 11 Bankruptcy Filing in U.S.
May 28, 2025 01:17 am UTC| Business
Brazilian carrier Azul Airlines is reportedly preparing to file for Chapter 11 bankruptcy protection in the United States as early as Tuesday, according to Valor Economico. The filing would place Azul among several major...

Harmony Gold Expands into Copper with $1.03B Mac Copper Acquisition
May 27, 2025 06:40 am UTC| Business
Harmony Gold Mining Company (NYSE:HMY), South Africas largest gold producer, announced on Tuesday its $1.03 billion acquisition of Australian copper miner Mac Copper (NYSE:MTAL). The all-cash deal, valued at $12.25 per...

Sanofi and VNVC Open New Vaccine Manufacturing Plant in Vietnam
May 27, 2025 06:34 am UTC| Business
Sanofi (NASDAQ:SNY), in partnership with Vietnam Vaccine JSC (VNVC), officially launched a state-of-the-art vaccine production facility in Vietnam, marking a major step in boosting the countrys pharmaceutical manufacturing...

Japan Eyes Offshore Wind Revamp Amid Industry Struggles and Soaring Costs
May 27, 2025 06:32 am UTC| Governance Business
Japan is poised to revise its offshore wind policies to revive stalled development plans and reach its 2040 goal of 45 gigawatts of offshore wind capacity. The move comes amid rising costs and global project delays that...