General Motors announced a joint venture alongside POSCO Chemical to erect a new factory in North America to process Cathode Active Material (CAM). CAM will be vital to GM’s production of its proprietary Ultium EV batteries, as the legacy automaker looks to establish a larger presence in US EV production. General Motors is a household
In this article @CL.1 XOM Darren Woods, Chairman and CEO, Exxon Mobil. Katie Kramer | CNBC Exxon said Wednesday that President Joe Biden’s call to investigate “potentially illegal conduct” within the oil and gas industry is unwarranted. “If you go back in time in history, every time we see the supply and demand imbalances get
All WTA tournaments have been suspended in China over concerns for the safety of player Peng Shuai. The head of the Women’s Tennis Association (WTA) said it was taking the step after Shuai, a Grand Slam doubles champion, accused a former high-ranking government official in China of sexual assault. Peng dropped out of public view
A fourth student has died following the school shooting in Michigan. Three other students were killed when a 15-year-old boy opened fire at his high school in Oxford Township on Tuesday, while eight others – including a teacher – were injured. The Oakland County Sheriff’s Office identified the latest fatality as teenager Justin Shilling. The
Some Omicron cases are reportedly experiencing “mild” symptoms and experts should have more information about the transmission of the new COVID variant within days, an epidemiologist at the World Health Organisation has said. Speaking at a news conference, Maria van Kerkhove said one of the possible scenarios is that Omicron may become more transmissible than
5:37 PM ET The UFC has released former interim lightweight title challenger Kevin Lee from its active roster, Lee’s management confirmed to ESPN on Tuesday. According to Lee’s manager, Marquel Martin, the 29-year-old had multiple fights left on his contract, but the UFC elected to terminate the agreement. Lee (18-7) is currently serving a six-month
Bad Bunny, Taylor Swift and BTS are Spotify’s most listened to artists in the world for 2021, the music streaming service has revealed. Puerto Rican rapper Bad Bunny takes the title of most streamed artist world for the second year running, after amassing more than 9.1 billion streams on the platform in the last year.
Boris Johnson has said “all guidance was followed completely” as the prime minister was accused by Sir Keir Starmer of hosting a “boozy party” in Downing Street last Christmas despite COVID rules that were in place at the time. The Labour leader said Mr Johnson was “taking the British public for fools” as the pair
Business owners across the hospitality industry say COVID rule changes are already having a “chilling” impact on bookings. Many who have survived 20 months of lockdowns and restrictions as well as a “lost” Christmas last year, say a strong festive period this year is essential to their survival. Data from reservations website OpenTable also suggests
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Oil prices could move “a lot higher” from current levels given the world’s deep reliance on fossil fuels and may hit $150, says Christopher Wood from Jefferies. “In a world that really reopens — which is a big ‘if’ — the oil price can go significantly higher,” Wood, global head of equity strategy at the
After a year that made the terms WFH (work from home) and metaverse instantly recognizable for many people, there are a new set of technological trends headed this way for 2022. Here’s a selection of how technology may change lives in the coming year: Meatless meat Meat alternatives have become common in an increasing number
The job of astronomers is as intriguing as it is frustrating. There are days when they find nothing of interest despite putting in a lot of effort and resources, and then there are days when they discover celestial objects or events that have the potential to change the course of history, or rather the future.
House prices unexpectedly returned to double digit growth last month as the property market kept up its “extremely buoyant” pace, new figures show. Prices in November were 10% ahead of the same month last year, according to an index published by lender Nationwide – up slightly from 9.9% in October and beating expectations that growth
Health Secretary Sajid Javid has suggested the possible impact of the Omicron variant of COVID-19 will be known in a fortnight’s time and ahead of the government’s three-week review of fresh restrictions. The government has responded to the discovery of the Omicron variant by reimposing compulsory mask-wearing in England in shops and on public transport,
Wind turbines and solar panels in Kayseri, Turkey. temizyurek | E+ | Getty Images The world is set to add nearly 290 gigawatts of renewable power capacity this year, according to the International Energy Agency, with the Paris-based organization expecting 2021 to “set a fresh all-time record for new installations.” Published on Wednesday, the IEA’s
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