Centrica Forecasts Near Eightfold Rise in Earnings after Energy Prices Soar
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Energy prices could vary at different times of day
Ofgem launches early discussions about a "dynamic" price cap that changes as consumers became more flexible.BBC News - Top stories -
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer's sales higher in February.
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer’s sales higher in February.The Wall Street Journal - World -
FTX customers in line for higher payouts as crypto prices soar
Administrators raise $884mn from partial sale of stake in AI start-up AnthropicFinancial Times - Business - Crypto -
Trump’s stake in social media group hits $4.6bn after market debut
Shares of company behind former president’s Truth Social platform rise 16% in first day of tradingFinancial Times - Business - Donald Trump -
Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge
At least 10% of Russia's refining capacity has been disrupted by the attacks, according to British intelligence.CNBC - Business - Ukraine -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Sirens Sound, Anxieties Rise on Tiny Island Near North Korean Shores
Residents on Yeonpyeong, just below the maritime border, fear the Kim Jong Un regime could launch another attack.The Wall Street Journal - World - North Korea -
Utah shaken after experiencing racism near hotel
Utah coach Lynne Roberts said her team experienced a series of racial hate crimes after arriving at its first NCAA tournament hotel and was forced to change hotels during the event for safety concerns.ESPN - Sports -
Cocoa prices are soaring to record levels. What it means for consumers and why 'the worst is still yet to come'
Cocoa has more than tripled in cost over the past year and is up 129% in 2024.CNBC - Business -
Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels
Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data revealed a weekly increase in crude inventories that was smaller than what was reported by an industry trade group.MarketWatch - Business -
Oil could trade near $100 this year. Here’s what could drag prices back down.
Russia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction may play a part in dampening price prospects, said analysts at J.P. Morgan.MarketWatch - Business -
After 'severe' geomagnetic storm, only some may see northern lights Monday: forecasts
The geomagnetic storming recorded over the weekend was strong enough to send the northern lights into the southern U.S., but it seems that may not be the case Monday night.The Hill - Politics -
March Madness grades: UConn earns 'A+,' Kentucky gets 'F' on report card after games on opening weekend
Grading teams on how they performed through the first two rounds of the 2024 NCAA TournamentCBS Sports - Sports -
Predicting England's Euro 2024 squad after Jude Bellingham strikes late to earn Three Lions draw with Belgium
Jack Grealish, Kobbie Mainoo, Jordan Henderson: who will be on the plane to Germany?CBS Sports - Sports -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
Baidu Shares Rise After Reports of Apple Collaboration
Shares of Baidu rose sharply in Hong Kong after reports of possible collaboration involving artificial intelligence between the Chinese tech giant and smartphone giant Apple.The Wall Street Journal - World - Apple -
Oil Rises After EIA Crude Stockpile Report
Oil prices rose despite a surprise build in U.S. crude inventories last week. “WTI’s trend still appears constructive, with the commodity carving out a bullish continuation pattern,” Capital.com said.The Wall Street Journal - World -
Baidu Shares Rise After Reports of Apple Collaboration
Shares of Baidu rose sharply in Hong Kong after reports of possible collaboration involving artificial intelligence between the Chinese tech giant and smartphone giant Apple.The Wall Street Journal - Tech - Apple -
Trump's net worth reportedly soars to $6.5 billion after media company stock jumps
Trump's social media company completed a merger, and a NY appeals court lowered the amount of cash he needs to pause a $454 million civil fraud penalty.CNBC - Business - Donald Trump -
Dollar Rises After Fed's Waller Says 'No Rush' to Cut Interest Rates
The dollar rose in Europe,, reaching its strongest in six weeks against a basket of currencies, after the Fed’s Christopher Waller said there was “no rush” to cut interest rates due to high inflation readings and strong job gains in early 2024.The Wall Street Journal - World -
Forecasts for German economy see stagnation, or recession, in 2024
Yahoo News - World -
BYD misses profit forecasts as Huawei challenge emerges
Warren Buffett-backed company loses some market share to sanctions-hit Chinese telecoms groupFinancial Times - World -
Institute says German economy is "struggling" and lowers forecasts
Yahoo News - World - Germany -
Economic experts slash growth forecasts for Germany
Five leading institutes expect expansion of just 0.1 per cent in 2024 as exports fall and domestic demand fails to pick upFinancial Times - World -
‘No Ukrainian involvement whatsoever’, U.S. says
ISIS has claimed responsibility for the attack, without providing proof. A U.S. official told NBC News that the claim appears to be genuine, though no final assessment has been made yet.NBC News - Top stories - Ukraine -
Tasmanian sport on the rise as Jackjumpers edge towards NBL title after last-gasp drama
Jack McVeigh nails ‘incredible’ three-pointer with seconds leftAnother win on Thursday will crown JackJumpers championsTasmania is beginning to flex its muscles as Australian sport’s unlikeliest emerging power after the JackJumpers upset Melbourne ...The Guardian - World -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Reddit shares rise 30% to start week after social media company's IPO
Reddit shares climbed 30% to $59.80 at the market's close on Monday.CNBC - Business -
The death toll in the Moscow concert hall attack rises to 143, while 80 others remain hospitalized
Russian authorities say that the death toll in last week’s Moscow concert hall attack has risen to 143ABC News - World -
Flutter Predicts Earnings Jump on U.S. Growth
Flutter Entertainment forecast earnings growth of 30% in 2024, after strong growth in its U.S. operations last year, with revenue rising 41%.The Wall Street Journal - World -
McCormick Logs Higher 1Q Sales, Earnings
The spices and flavorings company recorded higher sales and earnings in its fiscal first quarter as costs came down and higher prices offset a downtick in volumes.The Wall Street Journal - World -
McCormick Logs Higher 1Q Sales, Earnings
The spices and flavorings company recorded higher sales and earnings in its fiscal first quarter as costs came down and higher prices offset a downtick in volumes.The Wall Street Journal - Business -
Flutter Predicts Earnings Jump on U.S. Growth
Flutter Entertainment forecast earnings growth of 30% in 2024, after strong growth in its U.S. operations last year, with revenue rising 41%.The Wall Street Journal - Business -
Like it or not, Warriors have earned their mediocre status
The Warriors are on the fringe of the NBA playoffs because they’ve been inferior to the teams ahead of them in the Western Conference, writes Monte Poole.Yahoo Sports - Sports -
Energy & Utilities Roundup: Market Talk
Gain insight artificial intelligence, South Sudan, Ithaca Energy, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
B&Q owner Kingfisher forecasts profits to fall this year
London-listed group strikes cautious note on DIY marketFinancial Times - Business -
Ireland’s economy forecast to return to growth, easing drag on eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.MarketWatch - Business -
Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.The Wall Street Journal - World -
Savings account interest forecast for spring 2024: Here's what experts predict
Rates on savings accounts are high now but will they stay elevated in the months to come? Here's what to know.CBS News - Top stories