Los Angeles County has voted to ban new oil and gas drilling in the country, following a similar ban enacted by the City of Los Angeles last month. The Los Angeles County Board of Supervisors on Tuesday passed unanimously the ordinance that bans new oil and gas well drilling and phases out existing wells. The ordinance will take effect in 30 days. Last month, the Los Angeles City Council voted unanimously to ban new oil and gas drilling and agreed to phase out existing wells over the next 20 years. The ban of the city is already…
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Adani Stock, Bonds Meltdown As Credit Suisse Halts Margin Loans
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Turmoil remerged in the Adani group Wednesday after a top Swiss bank stopped accepting bonds from companies tied to Gautam Adani's corporate empire for margin loans.
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