Washington has said it will release 50 million barrels of crude oil in an effort to bring down gas prices. India quickly announced it would also release 5 million barrels. The Biden administration on Tuesday...
The US has approved the largest rewrite of the US tax code in more than 30 years. The House of Representatives, which had already passed an earlier draft, is expected to give its final approval...
Greece has agreed to repay its debt to the International Monetary Fund due this week, according to the Fund’s director. Christine Lagarde held informal discussions with Greece’s finance minister in Washington. Greece’s Finance Minister Yanis...
BMW expects its new i3 car to accelerate electric mobility. The car goes into production this week. It’s got an innovative carbon fiber body, making it lightweight. But the material is expensive. “The revolution has...