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Malaysia’s Petronas, Shell unit partner to explore carbon capture and storage

January 20, 2022January 14, 2022 - by iron-ladyorg

Malaysia’s state oil firm Petroliam Nasional Berhad (Petronas) [RIC:RIC:PETR.UL] on Tuesday signed an agreement with a subsidiary of Royal Dutch Shell (RDSa.L) to collaborate on carbon capture and storage (CCS) …

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Business

Sika posts highest ever annual sales of 9.24 billion francs

January 19, 2022January 14, 2022 - by iron-ladyorg

Construction chemicals maker Sika AG (SIKA.S) on Tuesday reported a 17.3% rise in 2021 sales, boosted by a raft of acquisitions and the upturn in the building industry after pandemic …

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Business

Strike at Kroger’s King Soopers stores imminent as union talks fail

January 18, 2022January 14, 2022 - by iron-ladyorg

Negotiations between Kroger’s (KR.N) King Soopers grocery store and the union that represents more than 8,700 workers at the Colorado chain have failed, setting the stage for a three-week strike …

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Business

Japan’s Mizuho to acquire U.S. private equity agent Capstone, source says

January 17, 2022January 14, 2022 - by iron-ladyorg

Mizuho Financial Group (8411.T) plans to acquire U.S. private equity placement agent Capstone Partners, a person familiar with the matter said, as the Japanese lender looks to beef up its …

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Business

What is at stake for the U.S. biofuel blending law in 2022 and beyond

January 16, 2022January 14, 2022 - by iron-ladyorg

The U.S. biofuel blending program known as the Renewable Fuel Standard (RFS) could see its most transformative year yet in 2022, as the Biden Administration must make decisions to reset …

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Business

Australia Nov retail sales boom in timely boost to economy

January 15, 2022January 14, 2022 - by iron-ladyorg

Australian retail sales surged past forecasts for a second month in November as consumers splashed out their pent up savings, a reminder of how well the economy was doing before …

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Business

Volkswagen’s Skoda Auto reports 12.6% drop in 2021 global deliveries to 878,200 cars

January 14, 2022January 14, 2022 - by iron-ladyorg

Volkswagen’s Skoda Auto said on Tuesday its global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the …

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