Sectors News Results

  • European shares rebound on strong earnings, takeover speculation boosts Hugo Boss

    * ASML jumps after forecast raise. * DB bullish on European oil & gas sector. * Juventus slides on Super League doubts. By Sruthi Shankar. European stocks bounced back on Wednesday after their worst sell-off this year as optimism about a strong earnings season countered worries about a rapid rise in COVID-19 cases in some countries.

  • Gas-Fired Plants Become Europe's Largest Power Sector Emitter

    Gas-fired power plants overtook lignite coal stations as Europe's largest power sector polluter in 2020 for the first time, data from the EU's Emissions Trading System shows. Energy think tank Ember said Friday that gas made up a record 34% of the power sector's total emissions last year. Carbon-dioxide emissions generated by burning gas to produce electricity fell to 236 million metric tons in 2020 from 250 million tons in 2019..

  • Argentina oil sector workers to strike amid wage standoff

    A major Argentine oil sector workers union said on Wednesday that it would hold a 24-hour strike amid a salary hike standoff with a group of the largest oil producing companies in the South American nation. The workers are demanding higher wages amid rampant inflation gripping the country and as Argentina gets hit by a second wave of COVID-19 cases.

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