M. Holland is the headline sponsor for AMI’s Thermoplastic Concentrates in Orlando on Jan. 24-26. Stop by Booth #16 to speak with our experts and attend a talk on regulatory compliance changes by Christopher Thelen, M. Holland’s Senior Regulatory Specialist, on Jan. 24 at 4:20 pm.
M. Holland will be exhibiting at MD&M West in Anaheim on Feb. 7-9. Stop by Booth #4115 to meet our Healthcare team and discuss how M. Holland’s line of medical-grade resins can help you develop safe and effective medical products and packaging.
Supply-chain and other regulatory snags are slowing developers’ plans to build an unprecedented number of U.S. wind and solar installations. Still, the U.S. administration expects renewables to gain share at the expense of coal and natural gas over the next two years:
LNG spot prices in Asia have fallen 67% from record-highs reached in August due to the unusually mild winter in Europe.
Oilfield services firm SLB, formerly Schlumberger, beat Wall Street expectations with a 26% gain in quarterly revenue, led by its North America and Latin America businesses.
Russia’s seaborne crude exports dropped 22% in the week to Jan. 20, falling by 820,000 bpd, losing nearly all of the gains the nation accrued in the week prior and marking its smallest inflows since it began invading Ukraine last February.
The daily average for new COVID-19 cases declined to 47,459 last week from 59,246 the week before, while average fatalities rose to 565 from 558.
The XBB.1.5 Omicron subvariant is estimated to account for 83% of COVID-19 cases throughout the U.S. Northeast, according to the latest data from the CDC, while accounting for just under half of virus cases nationwide in the week that ended Jan. 21.
A bipartisan group of U.S. lawmakers is preparing a plan to defuse a looming crisis over the nation’s debt ceiling by changing it from a fixed dollar amount to a percentage of national economic output.
Unemployed Americans across the U.S. are spending more time out of work as employers slow hiring, with the number of people seeking ongoing unemployment benefits now 26% higher than half-century lows reached last spring.
U.S. existing home sales plunged 34% year over year to a 12-year low in December, concluding a historically weak year for the embattled housing market:
China’s chief epidemiologist said 80% of the population has likely been infected with COVID-19 in the current outbreak, equating to some 1.1 billion people. The country reported 13,000 virus fatalities last week.
Investors poured a record $12.7 billion into emerging-market debt and equity last week, likely a response to China’s easing of its COVID-19 restrictions, Bank of America said. At the same time, China’s own investments into emerging-market projects are faltering under low-quality construction and other issues.
China’s Lunar New Year will likely produce about 2.1 billion trips this year as COVID-19 risks continue to hamper travel activity:
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