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How could the US-Iran deal affect oil prices and the cost of food?
Posted on“Even if ships now have safe passage, tankers are in the wrong place, oil production/refining facilities need to get up to full capacity, and questions over the cost and availability of insurance for ships traversing the Strait will remain,” he said.
Geothermal energy: Investment needed to develop new tech
Posted onTo go faster and deeper will require advances in drilling technologies. Companies are developing drilling equipment that is more stable when breaking through hard rock at high temperatures. Some firms are even aiming to penetrate rock without using standard drills. Quaise, a company with roots at the Massachusetts Institute of Technology (MIT), is using a…
Netflix reportedly closes in on Warner Bros deal
Posted onNetflix is closing in on a deal to buy the film and streaming businesses of Warner Bros Discovery, according to multiple reports. The streaming giant has emerged as the top bidder for Warner Bros ahead of rivals Comcast and Paramount Skydance after offering $28 (£21) per share, according to several outlets including Reuters and the…
China’s electric cars are cheaper, but is there a deeper cost?
Posted onTheo Leggett International Business Correspondent BBC Listen to Theo read this article In China, they call it the Seagull, and it has looks to match. It is sleek and angular, with bright, downward-slanting headlights that have more than a hint of mischievous eyes about them. It is, of course, a car. A very small one,…
