According to a report from the International Energy Agency (IEA), renewable energy is on course to break a global record in 2021 despite inflating commodity prices which are likely to slow down the clean energy transition in the future. Pr....

According to a report provided by KPMG, more than 50% of the total vehicle sales will be controlled by the EV segment by 2030. Electric vehicles are rapidly gaining a large share in the mainstream global automobile market. With electric tw....

Moody's Investors Service and Fitch Ratings have reported that the COVID-19 Omicron variant could significantly dampen the global growth outlook while also pushing prices higher, after the World Health Organization stated that the varia....

Chief Executives of Vodafone, Deutsche Telekom, and 11 other prominent European telecom companies have stated that U.S. tech giants should pay a part of the costs of building Europe’s telecom infrastructure as they use them extensivel....

New COVID-19 variant Omnicron, which was initially found in South Africa, has now been detected in 15 more countries such as Denmark, the Netherlands, Switzerland, and Australia. These nations have also reverted to travel restrictions to cu....

Leading oil exporter Saudi Aramco and Indian multinational conglomerate firm Reliance Industries Ltd. (RIL) reportedly called off a proposed USD 15 billion deal due to valuation concerns of Reliance's oil-to-chemicals (O2C) business. A....

Consumer spending in the United States rose more than predicted in October with continuous purchasing of automobiles and various other products, with no indications of slowing down due to high inflation, further supporting the much-needed e....

Oil prices were steady at around USD 80 per barrel after the United States announced to have released 50 million oil barrels from its reserves to ease the post-COVID-19 situation. The development echoes similar moves by other nations such a....

Israel has begun vaccinating 5 to 11 year old children with the Pfizer/BioNtech vaccine, an effort to control the latest spike in Coronavirus infections. The country was hit by the fourth wave earlier in June, which then began to fade....

Several owners took to social media to vent out as they were unable to utilize their vehicles due to the app outage. CEO Elon Musk has apologized and guaranteed that it does not re-occur in the future. Several Tesla owners were repo....