World

Chevron (CVX) Q2 2020 earnings

Chevron reported a loss of $ 8.3 billion in the second quarter, as the coronavirus pandemic “significantly reduced demand.” Amid a historic drop in oil prices, the company’s average price per barrel of oil and natural gas liquids fell more than 60% year-over-year. The oil giant lost $ 1.59 a …

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Australia to force Google and Facebook to pay news publishers

Facebook and Google logos Peter Foley / Bloomberg | fake pictures Google and Facebook may be forced to pay Australian news publishers to distribute their content, in a landmark regulatory move by the country’s competition regulator. Australia’s Competition and Consumer Commission was tasked with the government earlier this year to …

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