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A tiny hedge fund won a seismic victory over Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's business strategy and growth plans. ....
The urgent need for a mobility lockdown Premium An oxygen supply store in Kolkata. Hopefully, the maddening election frenzy will die down quickly before people start to die in large numbers in the four states that went to the polls.bloomberg 9 min read Share Via Read Full Story The brutal second wave of the covid-19 pandemic has caught India off guard. Policymakers are gasping for solutions and while vaccination is imperative in the medium- to long-term, over the next two months, the critical strategy to tame this second wave lies in effective containment. Last year, in late-March 2020, the central government of India went in for a nationwide lockdown that bought time to scale up health infrastructure, but that strategy had an outsized impact on the economy and also led to a full-blown migration crisis. Scarred by that episode, this year, the central government has indicated its reluctance to impose a nationwide lockdown. ....
2 Min Read (Reuters) -Exxon Mobil Corp’s XTO Energy shale unit filed a breach of contract lawsuit against Energy Transfer LP over disputed payments for the Dakota Access Pipeline, according to a Texas state court filing. FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo The suit alleges the pipeline operator hit XTO with deficiency charges and revoked other credits after the oil producer shifted some oil to other outlets last August. Exxon took the actions after a U.S. court ordered Dakota Access Pipeline (DAPL) shut, it said. ....