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On Friday, Norway’s $1.4 trillion wealth fund, the world’s largest stock market investor, said it would vote against oil majors Chevron (CVX.N) and ExxonMobil (XOM.N) CEOs and management on multiple emissions-related proposals.
The fund stated on its website that Chevron CEO Mike K. Wirth and ExxonMobil CEO Darren W. Woods should not hold both jobs as chairmen of the boards.
As of 2022, the Norwegian fund owned 0.86% of Chevron and 1.13% of ExxonMobil.
5G Technology: The Future of Communication Background about 5G technologies Since 5G technology is gradually entering our daily lives and the phrase is used more frequently, we deemed it necessary to explain what it truly is to you. The beginning of 1G in 1979 The 1G, or first “Generation,” mobile network was the first... Read more
THE TOP 10 BUSINESS BOOKS OF 2023: REVIEWS AND RECOMMENDATIONS FOR ENTREPRENEURS Entrepreneurial success is all about staying informed and constantly learning. So stay ahead of the curve with our list of the top 10 business books of 2023, packed with insights, strategies, and success stories to take your business to the next level. ... Read more
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UK’s King Charles urges compassion and care for the environment in conflict. Utilizing his Christmas Day address to emphasize the significance of kindness, compassion, and care for the environment, King Charles of the United Kingdom issued a call to action on Monday, urging everyone to assist those less fortunate amid economic struggle and worldwide strife.... Read more
In a Christmas Day message, the pope decries Gaza’s ‘appalling harvest’ of civilian deaths. During his Christmas message, which was delivered on Monday, Pope Francis stated that children who are dying as a result of wars, like those that are taking place in Gaza, are the “little Jesuses of today.” He also stated that Israeli... Read more
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska. On Thursday, a former FBI officer is scheduled to be sentenced for his involvement in working for Oleg Deripaska, a Russian businessman subject to sanctions imposed by the United States government. Prosecutors have referred to Deripaska as President Vladimir Putin’s... Read more
A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol. A teenage Ukrainian who had been deported to Russia during the war from the battle-torn city of Mariupol and had been barred from leaving the nation earlier this year returned home. This month, Bohdan Yermokhin, who turned eighteen on Sunday, made... Read more
In the wake of Walmart’s departure as a major stakeholder and a stagnating Chinese e-commerce market, JD.com must persuade investors of its importance. This...
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Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...
After a bank official was freed from captivity, activities at Libya’s central bank (CBL) were restored. Musaab Muslamm, chief of the bank’s information technology...
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