Economy & Business - Africa News Quick
  • July 9, 2021

Biden Energy Policy: Moratorium on Oil and Gas Permits Stopped

Pumpjacks in an oil field in Midland, Texas. (Nick Oxford / Reuters) A lawsuit has halted a policy that would have cost New Mexico more than $ 1 billion in revenue by 2022. ORNorth On June 15, 2021, U.S. District Court Judge Terry Doughty issued a preliminary injunction stop the Biden administration’s moratorium on new…

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Chinese tech giant’s shares plummet after Chinese regulatory crackdown

Didi Chuxing’s logo on the wall of its headquarters in Beijing, China, May 18, 2016. (Kim Kyung-Hoon / Reuters) Shares of tech titan Didi Chuxing tumbled more than 20% on Tuesday after Chinese regulators ordered its app removed from the app store while it conducts a cybersecurity review of the company. Didi is in the…

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