Shortages of components likely to be far worse than expected, warn experts

Battery maker Livent says industry is looking to diversify away from China

Big carmakers say small companies must be protected from collapse or factories may remain shut

Commercial aviation isn’t typically the place to look if you’re after carbon-light initiatives. Jet fuel isn’t generally very green, and airplanes burn a lot of it when traversing the skies. But supersonic flight startup Boom wants to change the perception of commercial aviation as an emissions-costly prospect, starting with their testing development program for the […]

Microsoft is embarking on a new sustainability initiative as part of its overall approach to support environmental protection measures, with a project it calls the “Planetary Computer.” This will actually be a computing endeavor that uses aggregated global environmental data collected from a number of sources as its input, and that will seek to employ […]

International Monetary Fund (IMF) Managing Director Kristalina Georgieva and WTO Director-General Roberto Azevêdo issued a joint call on 24 April for governments to refrain from imposing export and other trade restrictions on key medical supplies and food and to quickly lift those put in place since the start of the year.

Hot startup Superhuman has been getting some backlash, as often happens when someone notices the precise methodology that a startup is using to enable a core feature. We’re well into stage 2 now when, inevitably, the backlash itself gets backlash. The nut of it is that people have been exposed to the idea that Superhuman […]

In its March 2020 update, the U.S. Energy Information Administration (EIA) significantly revised its Short-Term Energy Outlook for global oil supply, demand, and prices compared with the February Short-Term Energy Outlook. These updates largely resulted from updated data and assumptions about the effects of the 2019 novel coronavirus disease (COVID-19) on global oil demand and assumptions regarding the Organization of the Petroleum Exporting Countries (OPEC) crude oil production following its meeting on March 6. EIA now forecasts that OPEC will target market share instead of a balanced global oil market. As a result, EIA expects that OPEC crude oil production will increase to an average 29.1 million barrels per day in the second and third quarters of 2020. EIA forecasts that global demand for liquid fuels will grow by 0.4 million barrels per day from 2019 to 2020, down from the 1.0 million barrels per day increase EIA previously forecasted in February. The revised March estimate is driven by EIA's expectations of slowing economic growth, primarily related to the effects of the coronavirus outbreak. EIA expects the decline in global liquid fuels demand, combined with the increase in OPEC production, to result in significant global oil inventory builds in the first half of 2020-putting continued downward pressure on prices. EIA forecasts Brent oil prices will average 43 dollars per barrel in 2020 and 55 dollars per barrel in 2021.

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.

For members of Australia's start up community, Adelaide is fast growing the reputation of a national entrepreneurial hub.

PwC has joined forces with leading not-for-profit food safety agency SSAFE to develop a new industry tool to help fight food fraud and protect consumers.

1. Hurry up: Last chance to see a supermoon this year  Euronews
2. In pictures: Last supermoon of 2020 rises on a world grappling to overcome pandemic  DAWN.com
3. May's flower moon lights up the sky around the globe  ABC News
4. Don't miss the last full supermoon of 2020, a 'flower moon,' on May 7  CNET
5. Last supermoon of the year, Photos News & Top Stories  The Straits Times
6. View Full coverage on Google News

1. The last supermoon of 2020  Tehran Times
2. See the Full Flower Moon, last supermoon of 2020, bloom in these stunning photos  Space.com
3. Here Are 23 Stunning Pics Of The Last Supermoon Of 2020 From Across The World  ScoopWhoop
4. Stunning shots of last supermoon of 2020  The Siasat Daily
5. 'Full-flower supermoon' rises on world starting to emerge from pandemic lockdowns  Times of India
6. View Full coverage on Google News

When every new business is launching digitally, you need these things to stand out.

Jesy Nelson has finally thrown her support behind boyfriend Chris Hughes in the wake of his shocking National Television Awards brawl with a photographer.

She's the design expert who normally goes from room to room critiquing the interiors of the homes on Seven's House Rules.

Channel Seven has already pulled the plug on The Super Switch after the reality TV show pulled in dismal ratings during the program's first two nights on air. 

Channel Nine have started reaching out to former Married At First Sight stars to offer them round-the-clock psychological support going forward. 

Kyly Clarke has publicly thrown her support behind estranged husband Michael, following the death of his aunt. 

The Brazilian forward was joined by friends, family and his Paris Saint-Germain team-mates at exclusive nightclub YoYo, which is just a short distance away from the Eiffel Tower.

Rousaud, who was among the six directors to hand in their resignations from the board last week, revealed that a potential chase for the Brazilian forward would be 'complex' but remains a possibility.

Taking to Instagram Stories, the presenter, 40, voiced her support for the Irish star, while admitting she's still going through 'a really rough time' after stepping down as host earlier this week.

Taking to Instagram, Phillip has told fans how 'important' their support has been for him, while praising his family for the 'love and understanding' they have shown him. 

The ballroom pro, 24, took to Instagram to share a photo of himself with fellow dancer brother AJ, 25, his mother Debi and father Adrian.

On what would have been her first anniversary with her now ex-husband, Miley shared a post on social media being 'super gentle' with herself this holiday season.

Cody Simpson has been self-isolating in Los Angeles with his girlfriend, Miley Cyrus, amid the coronavirus pandemic.

Eric McCormack took to Instagram on Tuesday to clarify his stance after an earlier post called for a report on attendees who would be attending a Trump campaign event in Beverly Hills.

Brad Pitt proved he was a very supportive former co-star, attending the opening night of Ethan Coen's play, A Play Is A Poem, in Los Angeles on Saturday night.

The elite athlete revealed he has stopped eating meat and dairy in a post online about the devastating impact of the bushfires on the Australia's wildlife.

The Baywatch star, 37, couldn't contain her emotions as she was seen both cheering, laughing and with her hands in the air.

Celebrities are speaking out to voice their support, and in some cases outrage, with Prince Harry and Meghan's announcement that they're stepping back from the Royal Family.

Fallon Sherrock said it was 'incredible' to have her latest PDC World Darts Championship win tweeted about by Billie Jean King.

Fallon Sherrock has been confirmed as one of the nine 'challengers' who will feature in the 2020 Premier League. She shot to fame at the World Darts Championship.

The 42-year-old rapper opted for the business casual look Tuesday in Calabasas, California after announcing a Sunday Service performance in Miami ahead of the Super Bowl.

Kanye West seemed somber when he was spotted leaving his office in Calabasas. The 42-year-old rapper opted for a street casual look on Friday.

West and his Sunday Service Choir launched into his single All Day, as he told the audience: 'I asked [Kobe] what he thought about this song, and his only response was "theme music."'

Celebrities across the country shared a glimpse inside their Super Bowl celebrations on Sunday.

On the latest episode of Antiques Roadshow, the husband of Kanye's first cousin appeared with a collection of artwork done by the rapper when he was just 17-years-old.

One of the saucy images leaked online shows the Olympian with his legs spread wearing underpants emblazoned with the Superman logo.

The last time Louis Smith competed in front of a crowd this size he was doing a shirtless showdance in the final of Strictly Come Dancing. There was more material, fewer sequins, but the same strength and poise involved as he returned to the day job of trying to win gold medals.

This is only the latest battleground in the tussle to decide who will be considered the greatest of all time. Novak Djokovic, Roger Federer and Rafael Nadal are likely to stroll through quarter-finals.

Both actresses have new projects as OITNB comes to an end with its seventh season this year.

With the final season of Orange is the New Black debuting Friday on Netflix, the hit show has launched a new initiative in honor of one of their late characters.

She frequently raps about her position, power and clout, and apparently that clout costs upwards of $100K just for her to make an appearance at an event.

The socialite, 34, has broken her silence over her father-in-law Alexander Thynn's death from coronavirus on her Instagram account on Sunday.

The EastEnders star, 32, cut a casual figure in a pair of black skinny jeans with a loose-fitting grey jumper and white trainers.

Ryan Lochte landed in Los Angeles on Monday with girlfriend Kayla Rae Reid. The swimmer was all smiles as he posed for photographs with fans and signed autographs while waiting for his baggage.

Somer and Areeb Umeed Bakhsh, aged 15 and 13, fled to Glasgow with their parents in 2012. 85,000 have signed a petition supporting them after they were threatened with deportation to Pakistan.

Photographer Craig Doogan, of Dundee, spent three weeks patiently waiting for the right shot after dropping his children off at school each morning.

She was also accompanied by her one-year-old son Future Zahir as they walked the red carpet joined by Abbi Wombach, Erin Andrews, Lindsay Vonn and the Beckham boys