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Results for "Vitol"

72 stories found

Nvidia Pledges Up to $105 Billion for OpenAI's Ohio Data Center
TechnologyReutersbloombergNYT+23wsjFTcnbcBarron'sle-figaroSCMPmarketwatchmorningstar+15 more6h ago26 sources

Nvidia Pledges Up to $105 Billion for OpenAI's Ohio Data Center

Nvidia has committed up to $105 billion to back OpenAI's new data center in Ohio, which is set to become the world's largest artificial intelligence data facility. This significant investment aims to provide OpenAI with massive computing capacity, though some analysts have raised questions about the financing structure.

Ukraine Launches Drone Attacks Near St. Petersburg and Moscow
WorldBBCle-mondeThe Guardian+45NPRAl Jazeeradr-dkyle-uutisetnostagesschauukrainska-pravdafaz+37 more2mo ago48 sources

Ukraine Launches Drone Attacks Near St. Petersburg and Moscow

Ukraine launched a series of drone attacks targeting areas near St. Petersburg and Moscow, with dozens of drones reportedly shot down. This comes as Russia prepares for an economic forum, and amidst ongoing conflict where Russia has lost more territory than gained in recent months.

Oil Industry Faces Billions in Losses, Warnings of Severe Energy Crisis Amid Middle East Conflict
WorldReutersbloombergNYT+23wsjThe GuardianNPRAl JazeeracnbcNHK Worldtvn24digi24+15 more4mo ago26 sources

Oil Industry Faces Billions in Losses, Warnings of Severe Energy Crisis Amid Middle East Conflict

Iranian missile strikes are costing the oil industry billions, with the IEA warning of a severe energy crisis, while a TotalEnergies CEO cautions that oil and gas prices could surpass 2022 highs if the Hormuz crisis persists, and oil prices rise as markets assess supply risks after Iran denied US talks.

Swiss Commodity Giants Urged to Increase Transparency
Businessnzz5mo ago

Swiss Commodity Giants Urged to Increase Transparency

Swiss firms like Glencore, Mercuria, and Vitol, based in Geneva and Zug, dominate the global trade of oil, metals, and grain. A commentary argues that their significant influence exposes Switzerland and makes it vulnerable, calling for greater transparency.

Worldbloomberg7h ago

Vitol Group Dominates African Fuel Supply Through Exclusive Deals

Vitol Group, the world's largest commodity trader, has secured exclusive agreements to supply fuel to at least five countries, establishing an unusually powerful position as the dominant supplier to southern and East Africa, a region heavily reliant on imported fuel.

Prosecutor Doubts Lavitola's Confession Amid Lack of Evidence
Worldla-repubblica5d ago

Prosecutor Doubts Lavitola's Confession Amid Lack of Evidence

Prosecutors are expressing doubts about Lavitola's confession due to a lack of corroborating evidence and suspected attempts to mislead investigators. Authorities are trying to determine if the victim may have discovered or understood something in the months following an explosion.

Rai Ethical Committee Meets on Ranucci Case and Report Show
Politicsla-repubblica6d ago

Rai Ethical Committee Meets on Ranucci Case and Report Show

Italy's Rai ethical committee is meeting to discuss a case involving journalist Sigfrido Ranucci, which also concerns the future hosting of his show 'Report.' The journalist posted about 'silencing voices' on social media, and Lavitola was interrogated in Rebibbia.

Lavitola Arrested in Ranucci Case, Accused of 'Mafia Method'
Businessla-repubblica7d ago

Lavitola Arrested in Ranucci Case, Accused of 'Mafia Method'

Former Avanti director Valter Lavitola has been arrested, with the Rome prosecutor's office accusing him of using 'mafia methods' in an alleged plot to facilitate someone's entry into politics. An arrest warrant has also been issued for Tavares, an intermediary.

Business Reports Detail Axon Decline, Vitol Resilience
BusinessbloombergYahoo3mo ago2 sources

Business Reports Detail Axon Decline, Vitol Resilience

Recent business reports highlight Axon Enterprise's stock decline due to compressed valuation multiples despite strong performance, while Vitol's CEO noted the company's resilience and good performance even during early wartime challenges.