HD Hyundai Claims Ammonia Engine First Using High-Pressure Injection
HD Hyundai Heavy Industries is claiming to have achieved a critical breakthrough in the development of ammonia-fueled engines using a…
ExxonMobil Signs Largest U.S. Lease for Offshore Carbon Storage
ExxonMobil has doubled down on its plans for subsea carbon storage, signing the largest ever seabed lease for carbon sequestration…
Study Highlights Potential and Challenges of Onboard Carbon Capture
An engineering study exploring the potential for the use of carbon capture aboard vessels highlights the feasibility of the technology…
USS Boxer Arrives in the Philippines for Typhoon Relief Mission
The U.S. Navy amphib USS Boxer and the 15th Marine Expeditionary Unit have arrived in the Philippines to join disaster-relief…
Fed seen cutting rates gradually to 3.5% by mid-2025
Federal Reserve policymakers are seen as likely to deliver a quarter-percentage-point interest-rate cut next month and continue to lower the…
ECB accounts show cautious stance on further policy easing
European Central Bank policymakers appeared content with the drop in inflation when they met last month but argued for a…
China publishes draft law to promote private sector
China published a draft law on Thursday aimed at promoting the development of the private sector, in the latest step…
Central bank rate cuts: How fast and how far?
Central banks at a crossroads Do you remember 2022? This was the year central banks in developed markets finally abandoned…
Japan’s wholesale inflation perks up, yen rise eases cost pressure
Japan’s wholesale inflation accelerated in September but prices of imported goods slid due to the yen’s rebound, data showed on…
China M&A leaves offshore investors in the lurch
Hong Kong investors look likely to end up as losers in Beijing’s drive to consolidate its state-backed companies. Shanghai-based Guotai…