Author: omc_admin

NEW YORK (AP) — President Donald Trump’s tariffs crusade has taken aim at a number of foreign goods, from European wines and car parts from Mexico to films made abroad. Lately, the president’s wandering ire has found another rhetorical poster child: toy dolls. Trump asserted that children will be fine having two dolls — perhaps three or five — instead of 30 if U.S. import taxes increase consumer prices. The response on social media included memes of him portrayed as the Grinch and photos of a young Barron Trump’s child-sized Mercedes convertible. “COMPLETELY out of touch,” The Loyal Subjects CEO…

First-of-its-kind sustainable football jersey: Each shirt’s carbon footprint is neutralized using Direct Air Capture (DAC) technology from 1PointFive. Strategic partnership aligns sport with climate leadership: Liverpool FC joins global firms like Microsoft and Amazon in adopting carbon removal initiatives. High-value branding meets ESG innovation: The commemorative jersey blends club legacy with forward-looking sustainability messaging. Liverpool Football Club has launched the world’s first carbon-removed football jersey in collaboration with U.S.-based carbon removal firm 1PointFive, marking the 20th anniversary of the club’s iconic 2005 Champions League win in Istanbul. The limited-edition LFC x 1PointFive jersey honors one of the greatest comebacks in…

Mexico’s Pemex plans to reopen mature oil wells in a bid to increase production, which has been in a steady decline for years.According to a Reuters report, the Mexican state energy firm filed a report with the U.S. Securities and Exchange Commission saying it expected this year’s average daily oil output to 1.58 million barrels daily. This compares to a government production target of 1.8 million barrels daily.To stem this decline, Pemex seems to be considering reopening idled wells, according to sources that Reuters did not name. The sources noted that restarting idled wells would not be a simple matter,…

EMSTEEL can now issue green bonds, loans, and other instruments to finance renewable energy and low-carbon manufacturing. The framework earned a “Very Good” sustainability rating from Moody’s, strengthening investor confidence. EMSTEEL targets a 40% reduction in steel-related emissions and 30% in cement by 2030. EMSTEEL, one of the region’s largest publicly traded steel and building materials manufacturers, has launched its first Green Finance Framework—a decisive move to align capital raising with its net-zero roadmap. The framework allows EMSTEEL and its subsidiaries to issue a range of green financial instruments—including green bonds, loans, commercial papers, and medium-term notes (MTNs)—across multiple currencies.…

Ukraine’s parliament ratified a deal with the US over access to the country’s natural resources, lending its full support to attempts by President Volodymyr Zelenskiy to improve ties with Donald Trump. Ukraine and the US reached the accord a week ago after long negotiations that led Washington to drop its insistence on getting back billions of dollars in aid delivered to Kyiv since the start of Russia’s invasion more than three years ago. A total of 338 lawmakers in Kyiv on Thursday voted in support of ratifying the agreement, which was designed to grant the US privileged access to new investment projects…

United’s Sustainable Flight Fund backs Twelve, advancing a breakthrough SAF technology that can cut emissions by up to 90%. Twelve secures major SAF contract for 260M gallons with a European airline group, signaling commercial readiness. AirPlant One, Twelve’s first SAF facility, begins production this year—delivering 50,000 gallons of drop-in fuel annually. United Airlines has deepened its commitment to decarbonizing aviation by investing in Twelve, a cleantech company that converts CO₂ into sustainable aviation fuel (SAF) using renewable energy. The investment was made through United Airlines Ventures Sustainable Flight Fund℠, a $200M+ coalition including GE Aerospace, Google, and Embraer, focused on…

Google announced two new partnerships aimed at eliminating “superpollutants,” or gases that are dozens of times more potent than CO2 in terms of their global warming impact, from the atmosphere. The new partnerships, with solution providers Recoolit and Cool Effect, include long-term credit purchases by Google equivalent to removing 1 million tons of CO2. According to the IPCC, superpollutants, which can include gases such as methane from fossil fuels or agriculture, or hydrofluorocarbons (HFCs) from refrigerants or HVAC systems, are responsible for almost half of global warming to date, with elimination of these elements presenting one of the most powerful…

The UK government will impose sanctions on as many as 100 tankers that it says are used to ship Russian crude oil abroad. Bloomberg reports that this constitutes a 75% increase in the number of sanctioned so-called shadow fleet vessels.This, Downing Street said, will make the UK the country that has sanctioned the most tankers carrying Russian oil. Initially, it targeted 133 vessels with sanctions, the Bloomberg report also noted. The UK has already sanctioned 41 vessels used to transport Russian oil abroad. Of these, however, 39 have continued to ship Russian crude.Tankers used to carry Russian oil abroad have…

Netstock has released a new report showing how small and midsize businesses (SMBs) are reacting to rising tariffs—and what they can do about it. The Tariff Impact Report 2025: 5 Proactive Strategies for SMBs is based on a survey of over 120 American companies and offers advice for staying prepared in a fast-changing trade environment. What’s RelatedThe findings show that most SMBs are still behind in using data and new tools to manage tariffs. Only 12% are using analytics to guide their cross-border decisions, even as cost increases hit many parts of their supply chains. “The Tariff Impact Report emphasizes…

In its first quarter 2025 results statement, which was published recently, Chevron Corporation revealed that its net oil equivalent production averaged 3.353 million barrels of oil equivalent per day in the first quarter of this year. That figure was up slightly from the previous quarter and the corresponding quarter of last year, the report highlighted. Chevron produced 3.350 million barrels of oil equivalent per day in the fourth quarter of 2024 and 3.346 million barrels of oil equivalent per day in the first quarter of last year, the report outlined. According to the report, Chevron’s U.S. net oil equivalent production…