Lee R. Raymond, who as chief executive of Exxon Mobil wrung out costs to make that global oil company the most profitable in its industry while stoutly resisting the scientific consensus that burning fossil fuels was causing a potentially disastrous warming of the Earth, died on Saturday in Dallas. He was 87. His death, at…
MILAN — Lockheed Martin has formally offered its HIMARS artillery system to France, with company officials pledging an 18-month delivery time if Paris puts them on contract, according to sources close to the matter. The offer, which the sources say was made in consultation with Washington, is based on internal investments from the world’s largest…
Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility across all asset classes in every region of the world as a lasting peace deal remains elusive. Negotiations between the U.S. and Iran have stagnated, with Washington and Tehran sending mixed messages on the state…
There is a name on a cross in a sea of crosses on a hillside in Normandy. Each of those names was once on the lips of loved ones as they called out to ardent young men who had their whole lives in front of them. Their names echoed on the nearby cliffs and beaches…
China is erecting walls to prevent money, technology and companies from leaving the country. This week, the State Council, China’s cabinet, announced new rules requiring national security screening for Chinese companies seeking to invest overseas. The move follows regulations introduced in April that allowed the authorities to intervene when foreign companies tried to relocate supply…
Secretary of State Marco Rubio indicated on Tuesday that the United States may resume its funding of a global vaccines alliance that Health Secretary Robert F. Kennedy Jr. pulled the United States out of last year, an unusual public rebuke of Mr. Kennedy’s involvement in matters of global health. Testifying on Capitol Hill, Mr. Rubio…
Investing.com — The Organisation for Economic Co-operation and Development (OECD) sharply cut its global growth forecast, warning that the economic fallout from the U.S.-Iran war could deepen significantly without a swift and lasting peace agreement. The organization projected world growth slowing to 2.8% this year from 3.4% in 2025, with a partial recovery to 3.1% penciled…
The conflict in the Middle East, which is significantly disrupting the world’s supply of energy and other critical commodities like fertilizer, will slow economic growth this year and raise inflation through 2027, the Organization for Economic Cooperation and Development said on Wednesday. The global economy’s growth will slow to 2.8 percent this year from 3.4…
Before we explain more about the fallout from the war in Iran — and before you listen to the sounds of rare whales — let’s get caught up: The Trump Administration will dismantle an ocean monitoring system: The administration is planning to remove a $368 million deep-ocean observation system that was put in place a…
The Academy of Motion Picture Arts and Sciences has announced a new global award to celebrate moviegoing and the traditional theatrical experience. The Academy Marquee Theater List is designed to recognize the most remarkable movie theaters around the world and honor the best in exhibition, celebrating theaters that provide “exceptional audience experiences, preserve cinematic history…
