A Covid-19 vaccine developed by the University of Oxford and AstraZeneca Plc prevented a majority of people from getting the disease, but fell short of the bar set by Pfizer Inc. Continue Reading
Chinese companies are facing a reality check after years of ramping up debt. A crackdown on unregulated lending — so-called shadow banking — and tighter rules on asset management made Continue Reading
The biggest emitter of planet-warming pollution managed to take almost the whole world by surprise. In a September speech to the United Nations, Chinese President Xi Jinping put a 2060 end date Continue Reading
China has allocated a fresh round of oil product quotas in an effort to cut bulging domestic stocks, a move that could potentially add a stream of cargoes to an Continue Reading
U.S. hospitalizations set a record for the 13th day in a row. New U.S. cases tallied 142,732, down from Friday’s record but a record for a Sunday. AstraZeneca and University Continue Reading
AstraZeneca said Monday that late-stage trials showed that its COVID-19 vaccine with Oxford University was up to 90% effective in preventing disease. The results are based on interim analysis of Continue Reading
Russia and Saudi Arabia are vying for the top spot among crude oil suppliers to China, with Russia currently in the lead, but Saudi Arabia is doing its best to Continue Reading
State giants China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC) are interested in buying ExxonMobil’s entire operating stake in one of the largest oilfields in Iraq, Continue Reading
China needs to immediately stop building new coal power plants and double wind and solar installations to put itself on a path to meet its 2060 carbon neutrality pledge, climate Continue Reading
China is the world’s largest consumer of coal and the largest emitter of greenhouse gasses. With that in mind, Beijing’s recent announcement that it intends to become carbon neutral by Continue Reading
