How Russia Games Oil Sanctions for Big Profits

[ad_1] A Western price cap on Russian oil meant to curb Moscow’s war spending is increasingly losing its punch and U.S. officials are scrambling to shore up their experimental intervention in global…

Maersk to Cut 10,000 Jobs as Cargo Boom Ends

[ad_1] Updated Nov. 3, 2023 8:16 am ET Shipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs, as a pandemic-fueled cargo boom has ended, leaving…

GM’s Cruise Pauses All Driverless Operations After California Crackdown

[ad_1] Cruise, the self-driving car unit of General Motors, is suspending all of its driverless operations, after regulators in California said the vehicles are unsafe in public and pulled the…

U.S. Sanctions Two Tankers Accused of Violating Russian Oil-Price Cap

[ad_1] Updated Oct. 12, 2023 4:19 pm ET The U.S. hit two oil tankers and their owners with blocking sanctions and said they had carried Russian oil above the West’s…

WSJ News Exclusive | U.S. Probe of Russia-Sanctions Busting Focuses on Major Oil Trader

[ad_1] The investigation is examining whether Murtaza Lakhani, founder and chief executive of Mercantile & Maritime Group, traded Russian oil in breach of Western sanctions. [ad_2] Source link

Volvo, Renault and CMA CGM Collaborate to Produce Electric Vans

[ad_1] Volvo and Renault will launch a new company, which CMA CGM plans to join, with creation expected in early 2024, and which will operate under its own corporate identity…

Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade

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South Africa Says It Didn’t Deliver Arms to Russia

[ad_1] The inquiry came after U.S. ambassador alleged that weapons and ammunition were loaded onto the Russian ship Lady R. [ad_2] Source link