Waymo, the autonomous vehicle technology company under Google parent Alphabet, closed a $5 billion loan from a series of high-profile lenders, including PIMCO, Blackstone, and Sixth Street. The debt financing — Waymo’s first — comes as the company accelerates its commercial expansion within existing cities while pushing into new markets in the United States, Europe,
French director Pierre Le Gall’s passionate love story “Flesh and Fuel,” which world premiered in Cannes’ Critics’ Week, won the top prize, the Golden Eye, at the 22nd Zurich Film Festival on Saturday. The Golden Eye for best documentary went to Pete Muller’s “Bucks Harbor,” which premiered at the Berlin Film Festival in the Panorama
NEW YORK — The Trump administration on Monday plans to release new fuel economy standards that would relax regulatory requirements for automakers to control pollution from gasoline-powered cars and light trucks. President Donald Trump said on his Truth Social media account Saturday that the less stringent mileage requirements would “take the waste out of building
Nigerian billionaire Aliko Dangote, Ethiopia and Djibouti have agreed to develop a $660m (£500m) petroleum pipeline and storage project linking the two countries. The project will include a 120km- (75 mile-) pipeline connecting Djibouti’s Damerjog port to a distribution facility in Dewele, Ethiopia, as well as storage capacity of about 400 million litres. It is
With U.S. diesel prices rising to an all-time high this week, President Donald Trump added support to the calls from farm-state Republicans to implement a temporary ban on diesel exports. “I’ve said let’s not send out the diesel. We make a lot of diesel. I’ve called for it,” Trump said late Tuesday at the U.N.
Bargain plane tickets are already pretty hard to get, and now, they’re only going to get more scarce as airlines scramble to deal with increased fuel costs nearing record highs. Executives at American Airlines, United Airlines and Southwest Airlines this week said they’re rethinking their least-profitable routes as jet fuel climbs to $4.71 per gallon,
