BloombergQuint (May 31)
“Wednesday was a bad day for Big Oil, or a good one, depending on your point of view. They’re going to have to clean up their acts a lot faster than they were planning. Three of the world’s biggest publicly traded oil and gas companies — Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp. — were dealt stinging blows on May 26 by shareholders and a Dutch court demanding that they act more quickly to reduce their greenhouse gas emissions.”
Tags: Big oil, Chevron Corp., Clean-up, Dutch court, Emissions, Exxon Mobil Corp., Faster, GHG, Royal Dutch Shell Plc, Shareholders, Traded
SeekingAlpha (May 30)
“It’s dawning on many investors that our post-Covid financial problems may not be as easily solved as Washington claims. The latest clue that trouble is brewing has come from the sudden and dramatic arrival of inflation. On May 12, it was revealed that the Consumer Price Index… had risen 4.2% year-over-year, the fastest pace since 2008.”
Tags: 4.2%, Brewing, CPI, Fastest, Financial problems, Inflation, Investors, Post-Covid, Solved, Trouble
