Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.
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Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.
ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.