Oil and Gas
Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion
Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion over the first three days of this week. An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares. At Wednesday’s […]
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With Putin’s war in Europe, the legacy of Germany’s Merkel is now being seen in a very different light
Former German Chancellor Angela Merkel waves goodbye as she departs from the Chancellery for the last time. Sean Gallup | Getty Images News | Getty Images With Vladimir Putin‘s unprovoked attack against Ukraine, political analysts are now reassessing the long and deeply complicated relationship the Russian leader had with ex-German Chancellor Angela Merkel, and how […]
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Singapore wants to allow vaccinated travelers to visit without quarantine
Singapore wants to eventually allow all travelers to skip quarantine in the country as long as they are vaccinated, Transport Minister S. Iswaran said. In an interview with CNBC on Thursday, he said: “With greater vaccination and boosting of populations, and also better testing and safe management protocols, I think we have now been able […]
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I’m optimistic we’ll be able to pass through rising fuel costs, says Avelo Airlines CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andrew Levy, Avelo Airlines founder, chairman and CEO, joins ‘Squawk on the Street’ to discuss the impact of rising jet fuel costs on regional airlines, how much a rise in ticket prices could affect demand and more. 04:46 Wed, Mar 9 202211:26 […]
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Airline stocks slump as jet fuel surge overshadows travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years, overshadowing a […]
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Domestic airlines could see boost from Russia-Ukraine travel concerns: Fmr. Spirit Airlines CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ben Baldanza, former Spirit Airlines CEO and chairman of Six Flags, joins CNBC’s ‘Squawk Box’ to discuss rising oil prices and travel demand amid Russia’s attack on Ukraine. 03:33 Thu, Mar 3 20227:12 AM EST Source
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