The International Energy Agency (IEA) recently released a report predicting a surge in global oil production led by the United States. The report suggests that this increase in production will surpass demand growth until the end of the decade, resulting in unprecedented levels of spare capacity. This could potentially disrupt the market management efforts of
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According to Bloomberg, the Biden administration is currently exploring the option of imposing stricter regulations on China’s ability to access chip technology essential for artificial intelligence. The focus is on a high-tech chip architecture known as gate all-around (GAA), with possible actions being considered to limit China’s access to this technology. Leading companies like Samsung
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Russell Wilson, the seasoned quarterback at 35 years old, is embarking on a new chapter in his NFL career with the Pittsburgh Steelers. After a challenging stint with the Denver Broncos that culminated in his release despite a hefty contract, Wilson is embracing the opportunity for a fresh start in Pittsburgh. Following the team’s first
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National Amusements, owned by Shari Redstone, initially agreed to terms of a merger with Skydance, RedBird Capital, and KKR. However, talks abruptly ended, leaving Paramount Global in a state of uncertainty. The sudden termination of discussions came as a surprise, especially after both parties had already agreed to merger terms. Paramount’s Strategic Priorities and Leadership
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