Venezuela’s new petroleum minister sees her South American home not as a dilapidated former oil giant, but as an emerging energy economy ripe for U.S. and foreign investments in new oil and gas exploration, both onshore and offshore. Paula Henao, who took over as the hydrocarbons minister in March after the forced U.S. removal of
Surprise U.S. tariffs. A war involving Iran. New American tech bans and Chinese export controls. The list of geopolitical shocks that CEOs must be mindful of, let alone plan for, keeps getting longer. “We’re in a world where all the assumptions about international institutions, free trade, a rules-based order—that’s all going away,” said Dominic Barton,
The Department of Defense has ordered 30 U.S. universities to audit their partnerships with mostly Chinese universities and military training institutions as the Trump administration scrutinizes the country’s growing global influence. If the schools don’t complete a review and terminate any arrangements deemed problematic within the next two weeks, they face losing funding. The goal is
Hundreds of commercial flights will be told to change their paths over the northeastern Atlantic Ocean during the next two winters to show how minor altitude adjustments can reduce aviation’s climate impact. The British government is backing the landmark airspace-scale trial, launched Tuesday, to avoid creating condensation trails, or contrails. Google UK is contributing its artificial intelligence-powered
Bitcoin has found some relief after months of selling pressure. On Wednesday, the cryptocurrency jumped nearly 6% to over $69,000, reclaiming a level it had not touched since early June. The jump came right after the Treasury Department announced that it would double purchases of older long-term government bonds. “The market read this as a
Thirteen years ago, Jeff Bezos strode into a room on the set of CBS’ 60 Minutes and revealed Amazon’s first delivery drone, predicting 30-minute drop-offs of airborne packages within the next four to five years. Ever since, the e-commerce giant has struggled to live up to that promise. On Wednesday, it took a step forward,