European Gas Price Rise Accelerates As Russia Cuts Flows
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Exxon and Chevron profits dragged down by weaker gas prices
Quarterly results signal pullback from bumper earnings in past two yearsFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
Rise in all-cash transactions turbo charge price gains for luxury homes
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.CBS News - Top stories -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.CNBC - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
Chevron’s stock pulls back as profit drops amid plunge in natural-gas prices
Shares of Chevron Corp. pulled back Friday, putting them on track for their first loss in eight sessions, after the oil giant reported first-quarter profit and revenue that fell amid a sharp drop in natural-gas prices, but still managed to beat ...MarketWatch - Business -
European lawmakers approved a resolution calling for the immediate and unconditional release of political prisoners held in Russia, including Wall Street Journal reporter Evan Gershkovich.
European lawmakers approved a resolution calling for the immediate and unconditional release of political prisoners held in Russia, including Wall Street Journal reporter Evan Gershkovich.The Wall Street Journal - World -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
European equities are enjoying a 1990s revival
Market conditions are reminiscent of the soft landing that followed Alan Greenspan’s ‘Fed pivot’Financial Times - World -
Snorkel Flow update makes it easier to use enterprise data with Llama 3, Gemini AI
Snorkel Flow now supports on-premise and air-gapped access to foundation models, allowing for greater compliance and data security.VentureBeat - Tech -
U.S. Natural Gas Futures Fall
U.S. natural gas futures lost ground but settled off the day’s lows.The Wall Street Journal - World -
Cohere releases toolkit to accelerate generative AI app development in the enterprise
Cohere's new developer toolkit is an open-source repository to build retrieval-augmented generation AI apps, reducing time to market to days.VentureBeat - Tech -
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 -
Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push
Parent company Alphabet reported $80.5 billion in first-quarter revenue, a 15% increase from a year earlier, as the company said it plans to pay a cash dividend to investors for the first time.The Wall Street Journal - Business - Google -
Oracle doubles down on generative AI with new features to accelerate enterprise deal cycles
With the new features and the ones announced last month, Oracle now has more than 50 generative AI smarts handling different functions across Fusion Cloud applications.VentureBeat - Tech -
‘Can you catch it as well?’: bird stunt causes flap in European parliament
Slovakian MEP pulls dove from bag and frees it as ‘symbol of peace’, prompting criticism from colleagues. A Slovakian MEP has raised eyebrows by producing a live bird from a bag and releasing it into the European parliament in what he said was a ...The Guardian - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Macron demands greater European independence in wide-ranging speech
Yahoo News - World -
MEPs urged to fight far right as they head home to campaign for European elections
European parliament term ends with warnings about dangers of disinformation and authoritarian forces. The starting gun has been fired on the next European parliamentary elections with more than 600 MEPs departing Strasbourg urged to use their ...The Guardian - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - Business -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
The screws are turning on Russia’s state assets
EU resistance to confiscation is unsustainableFinancial Times - World - Russia -
Breaking barriers: The rise of women's weightlifting
From improved mental health to enhanced confidence, women are reaping the benefits of weightlifting.BBC News - Top stories -
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 -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Forgotten picks to gas mask bongs: the strangest NFL draft moments
The league’s annual circus will descend on Detroit this week. We look back on some of the draft’s oddest and infamous momentsYahoo Sports - Sports - NFL -
The Biden administration is consolidating approval authority over big power-grid projects to accelerate upgrades and provide access to a gusher of new clean-energy projects.
The Biden administration is consolidating approval authority over big power-grid projects to accelerate upgrades and provide access to a gusher of new clean-energy projects.The Wall Street Journal - World - Joe Biden -
Military briefing: Russia’s narrowing advantage in Ukraine
Moscow’s forces are unlikely to muster a massive offensive this yearFinancial Times - World - Ukraine -
Military briefing: Russia’s narrowing advantage in Ukraine
Moscow’s forces are unlikely to succeed in a massive offensive this yearFinancial Times - Business - Ukraine -
Blinken Meets With Xi as U.S. Pressures China to End Support for Russia
Secretary of State Antony Blinken met with Chinese Leader Xi Jinping to discuss issues including China’s help for Russia’s arms industry and its military posture in the South China Sea.The Wall Street Journal - World - China -
Two British men charged with helping Russian intelligence in London arson attack
Three others also charged in connection with case targeting Ukrainian-owned businessFinancial Times - Business - Russia