Uk Says It Will Withdraw Windfall Oil and Gas Tax If Prices Drop Below These Levels
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Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
Inside the UK’s failing plans to ‘level up’ left-behind towns
The promise of billions in regeneration funding helped Boris Johnson win power in 2019. But critics say little has changed on the groundFinancial Times - World -
Inside the UK’s failing plans to ‘level up’ left-behind towns
The promise of billions in regeneration funding helped Boris Johnson win power in 2019. But critics say little has changed on the groundFinancial Times - Business -
Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil equivalent daily in the U.S. for the quarter, an increase of 35% over the same period last year.CNBC - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
U.S. weekly jobless claims drop to lowest level since mid-February
Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
TotalEnergies chief says oil major will consider moving main listing to New York
The chief executive of French oil giant TotalEnergies said it will consider moving its primary stock market listing to New York, where energy rivals command higher valuations.MarketWatch - Business - New York -
Ukraine to increase long-range strikes in Russia, says UK defence chief
Admiral Sir Tony Radakin tells the FT fresh military aid will help Kyiv reshape ‘difficult’ land fight against MoscowFinancial Times - Business - Ukraine -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - World - United Kingdom -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
U.S. to Withdraw Troops From Chad
The departure of U.S. military personnel in Chad and Niger comes as both countries are turning away from years of cooperation with the United States and forming partnerships with Russia.The New York Times - World -
U.S. to Withdraw Troops From Chad
The departure of U.S. military personnel in Chad and Niger comes as both countries are turning away from years of cooperation with the United States and forming partnerships with Russia.The New York Times - Top stories -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
Botswana's foreign minister says UK also approached his country to take 'unwanted immigrants'
Yahoo News - World - United Kingdom -
Botswana's foreign minister says UK also approached his country to take 'unwanted immigrants'
Botswana’s foreign minister says his country was approached by the U.K. to take some of what he called their “unwanted immigrants” but declined the requestABC News - World - United Kingdom -
Humza Yousaf faces vote of no confidence after ending power sharing with Scottish Greens – UK politics live
First minister says deal ‘has served its purpose’ and is no longer providing stability in parliament . Humza Yousaf, the SNP leader and Scottish first minister, is holding a press conference now.. He says he has been in the post for little more ...The Guardian - World - United Kingdom -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Robert Kraft Withdraws Support From Columbia Over Protests
The New England Patriots owner said this week that he was “no longer comfortable supporting” Columbia University, his alma mater, which has been disrupted by protests.The New York Times - Business -
McConnell hits Biden for ‘sending a green light to Putin’ with Afghanistan withdrawal
Senate Minority Leader Mitch McConnell (R-Ky.) criticized President Biden for “sending a green light” to Russian President Vladimir Putin when the U.S. withdrew its troops from Afghanistan. McConnell joined Fox News's "America’s Newsroom" on ...The Hill - Politics - Joe Biden -
Myanmar rebel group withdraws troops from key town on Thai border
An armed ethnic group in Myanmar has withdrawn its troops from a town along the Thai border following a counteroffensive by the ruling junta.NBC News - Top stories -
US withdrawal from Niger demonstrates America’s coup confusion
Rather than calling a coup a coup, the administration took a position of avoidance.The Hill - Politics -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Billionaire tax to bolster Social Security popular in swing states
Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social Security benefits, a new survey found. More than three-fourths — 77 percent — of voters across seven key swing states approved of the idea of raising ...The Hill - Politics -
German and Spanish ministers among those to demand rich pay more tax
Yahoo News - World - Germany