Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Guyana has granted ExxonMobil permission to develop its fourth offshore oil field, the Yellowtail Project. With a $10 billion investment, the project aims to produce up to 250,000 barrels per day, adding to the company's existing Liza and Payara fields. The development is expected to come onstream by 2025.
EU and UK hit Russia with wider sanctions that target luxury
The European Union and United Kingdom have expanded sanctions against Russia, focusing on luxury items like pure-bred horses and truffles. The measures aim to restrict Russian oligarchs' access to global markets and limit the country's economic resources in response to ongoing conflicts.
How Effective is Our Cloth Mask?
Most people understand there is a benefit to wearing a cloth mask to help reduce the spread of the coronavirus. But with so many mask types available, how do you choose the most effective type? Senior Editor Cary Sherburne digs into the latest research on this topic.
Vietnamese products see enormous demand in the US market
Vietnamese exports to the United States have surged, with imports reaching $67 billion in 2019—a 36% increase. As American companies reduce dependence on Chinese supply chains, Vietnam has emerged as a critical alternative manufacturing hub, supplying diverse products to the US market.
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
GlobalFoundries is investing $4 billion in a new chip factory in Singapore, joining rivals like TSMC and Samsung in expanding production capacity. The US-based company aims to address ongoing semiconductor shortages across industries, with additional investments in the US and Germany.
‘No mercy’: Mariupol bombing compared to Nazi war crimes.
Polish President Andrzej Duda draws parallels between Russia's bombing of Mariupol and Nazi destruction of Warsaw, as over 3.5 million Ukrainian refugees flee to neighboring countries amid ongoing conflict.
Evidence shows cloth masks may help against COVID-19
The evidence shows that cloth masks, particularly those with several layers of cotton cloth, block droplet and aerosol contamination of the environment, which may...
WHO says 99% of the world’s population breathes poor-quality air.
The World Health Organization warns that nearly all global populations breathe air failing quality standards, with pollutants causing respiratory issues and millions of preventable deaths annually.
The US to seek Russia’s suspension from Human Rights Council.
The United States is moving to suspend Russia from the UN Human Rights Council following reports of potential war crimes in Ukraine. U.S. Ambassador Linda Thomas-Greenfield cited increasing evidence of violence against civilians in Bucha near Kyiv, calling for Russia to be held accountable for its actions.
Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m
Singapore sovereign wealth fund GIC Pte Ltd has acquired a 16% stake in Sunway Healthcare Holdings for RM750 million. Greenwood Capital, a GIC arm, signed a share purchase agreement to buy shares in Sunway City, involving a subscription of 100 million Sunway Healthcare shares.
