Bloomberg Exxon Mobil Corp and Chevron Corp added momentum to a nascent recovery in the US oil industry as they reported bumper cash flow, a dramatic improvement after a torrid 2020. The energy giants generated enough cash to cover dividends, debt payments and project spending in the first quarter, the first time they’ve managed to do that in more than ...

Bloomberg China will make cutting emissions a focus of its ecological strategy in the next five years, President Xi Jinping said, vowing to call off projects which consume a lot of energy and can’t meet environmental standards. “The carbon neutral and emission-peaking goals are solemn promises China has made to the world,” Xi said at a study session of the ...

Four months from now, the last 2,500 American troops will have left Afghanistan. The British, Australians, Canadians and other allies will be in the same boat, figuratively if not literally, having also sacrificed blood and treasure in the 20-year struggle first, to remove Kabul’s Taliban government, thereafter to sustain its successor regimes. Why has President Joe Biden lost patience, the ...