Best Buy commits to spending $1.2 billion with minority-owned businesses by 2025

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Best Buy commits to spending $1.2 billion with minority-owned businesses by 2025

Best Buy Co. says it will spend at least $1.2 billion with businesses owned by Black, Indigenous and other people of color by 2025, as U.S. companies expand pledges toward racial equity a year after last summer’s protests. The money will go to suppliers, …
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Singapore's Temasek-backed oil rig builders explore deal in downturn

SINGAPORE, June 24 (Reuters) – Temasek-backed conglomerate Keppel and Singapore’s smaller Sembcorp Marine are considering combining their loss-making offshore and marine (O&M) businesses as they battle a prolonged downturn. A deal would see …
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Mortgage company's workaround lets desperate buyers make all-cash bids

During the coronavirus housing market, bidding wars have become commonplace in many areas. When sellers weigh multiple offers, they tend to favor the sure thing of a cash offer over the slightly less certain bid that’s contingent on financing.
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Engineering begins on UK's first large-scale carbon capture facility

Carbon reduction and removal company Storegga and direct air capture (DAC) provider Carbon Engineering have begun preliminary engineering and design of a DAC facility that will permanently remove between 500,000 and 1M.t of carbon dioxide from the …
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REUTERS EVENTS-Norway sees huge interest in offshore wind, energy minister says

OSLO, June 24 (Reuters) – Norway is seeing big interest from energy firms in developing offshore wind farms in its ongoing licensing round and may offer additional acreage in 2023, Minister of Petroleum and Energy Tina Bru told Reuters on Thursday.
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