Maersk cutting at least 10,000 jobs as shipping boom unravels
Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs and weaker prices, sending its shares tumbling.
CalPERS to double climate investments, consider asset sales
California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition.
Is salt really a new culprit in type 2 diabetes?
When people think of foods related to type 2 diabetes, they often think of sugar (even though the evidence for that is still not clear). Now, a new study from the US points the finger at salt.
Elon Musk asks court to reject SEC’s bid to make him testify in Twitter probe
Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission's probe into his $44 billion takeover of social media site Twitter.
Lithium producers stay bullish on EVs despite growing headwinds
The world's largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.
