Halliburton 2Q drops
Halliburton Co., the second largest oil services firm in the world, reported its second quarter net profit fell $262 million or 29 cents per share, from $504 million or 55 cents per share a year earlier. Earnings results of the Houston-based company were higher than what analysts expected.
Nissan to invest $700 million in batteries for EVs
Japanese automaker Nissan said it will invest near $700 million in two plants to make batteries for electric cars in Britain and Portugal. Nissan is the largest car manufacturer by volume in the U.K.
Tuvalu island to shift to 100% clean energy by 2020
Tuvalu, a small island in the South Pacific said it will power its entire economy with renewable energy sources by 2020 to fight climate change. The 12,000 person nation is already threatened by water rising levels linked to global warming, the Associated Press reported today.