Shell Pauses Construction at Major Biofuels Facility as European Market Falters
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The Wall Street Journal - World
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant.
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant. -
The Wall Street Journal - World
Euro Corporate Bond Supply Expected to Decline in Second Half of 2024
Rising geopolitical concerns and the upcoming U.S. elections are likely to limit issuance of euro-denominated corporate bonds in the second half, ING said. -
Financial Times - World
Botched coup attempt in Bolivia highlights deepening political dysfunction
Feuding factions point fingers after last week’s failed plot that further exposed the country’s troubles -
Financial Times - World
What Starmer’s clean energy strategy means for investors
Incoming UK government has made low-carbon growth an organising principle -
Financial Times - World
Inside the mind of a Nimby
They are widely derided, but deep down isn’t everyone a Nimby? And shouldn’t we try to understand why people fear change close to home? -
The Guardian - World
UK construction activity grows despite housebuilding drop; EV sales rise to make up fifth of new car market – business live
Pound steady as UK votes; global stocks extend rally on US rate cut hopes. In stark contrast, construction in the eurozone remains mired in recession, according to a separate survey. Construction activity shrank at a faster rate last month, with ... -
CNBC - Business
Here are 3 major reports that could drive the stock market in the week ahead
Wells Fargo leads bank earnings this coming Friday. The government also delivers key data on consumer and wholesale inflation in the week ahead. -
VentureBeat - Tech
NodaFi raises $3.5M to become the ‘Salesforce for facility operations’
NodaFi secures $3.5M seed funding to transform facility management software, aiming to reclaim 1 billion work hours with AI-powered solutions in a rapidly growing $72B market. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
The New York Times - Top stories
Kamala Harris Has Stepped Up. If Biden Falters, Can She Lead?
Vice President Kamala Harris has spent the past year trying to quiet her doubters. Now, with President Biden’s candidacy on the line, Democrats are assessing whether she is up to being the nominee.Joe Biden -
The Guardian - World
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia. Shell has warned investors that it will take an impairment charge of up to $2bn (£1.6bn) in its next set of results after it was ... -
The Wall Street Journal - World
The European Union Refuses to Save Itself
Less than a month after bruising elections, Brussels is busy ignoring disaffected voters. -
The Hill - Politics
Federal judge issues narrow pause on FTC noncompete ban
A federal judge on Wednesday granted a preliminary injunction on a nationwide ban on noncompete agreements issued this spring, calling into question its future in the face of opposition by prominent business groups. The Dallas-based tax firm Ryan ... -
NBC News - Top stories
Trump seeks pause in documents case, citing Supreme Court immunity ruling
The former president has argued that removing classified documents from the White House and allegedly designating them as personal items were "official acts."Donald Trump -
Financial Times - World
European central bankers warn of risks to region’s economy
ECB policymakers view French elections as sign of a broader shift in a more populist, protectionist and turbulent directionEurope -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
The Wall Street Journal - World
European and Asian Stocks Gain; Bitcoin Falls
Global stocks rose, while U.S. index futures were mixed, after the S&P 500 and the Nasdaq Composite closed at record highs in the previous session.Crypto -
Financial Times - World
In European banking, Piigs can still fly
Lenders that investors once deemed untouchable are suddenly back in vogue -
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ESPN - Sports
Man Utd, City cleared to play European football
Manchester City and Manchester United have been cleared to take part in European competition next season by UEFA's Club Financial Control Body. -
ABC News - World
Missing nuts and bolts caused last year's deadly construction elevator accident in Sweden
A construction elevator that killed five people when it collapsed last year in Stockholm was missing the bolts that were supposed to hold its mast together -
CBS Sports - Sports
England's faltering attack at Euro 2024: Can a change of system rescue the Three Lions against Switzerland?
Manager Gareth Southgate is looking at switching to a back-three system in order to give his team a jolt -
ABC News - Sports
Pittsburgh Pirates left-hander Bailey Falter leaves start against Mets in the 3rd with sore arm
Pittsburgh Pirates left-hander Bailey Falter was removed from his start in the third inning Saturday against the New York MetsMLB -
CNBC - Business
Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants. -
The Guardian - World
Ukraine war briefing: Russian shelling kills three in Kherson region as road crash in west leaves 14 dead
Two bodies recovered from rubble of southern house while collision of oil truck and minibus in western Rivne region leaves single survivor. What we know on day 865. See all our Ukraine war coverage Russian shelling killed three civilians in ...Ukraine -
The Guardian - World
Disney heir joins other Democrat backers to pause donations until Joe Biden steps aside
Abigail Disney says choice to suspend donations is based on ‘realism, not disrespect’, and suggests Kamala Harris as an alternative. In the minutes after Joe Biden and Donald Trump stepped on to the stage for the first debate of the 2024 ...Joe Biden -
NBC News - Top stories
Judge grants Trump's request to pause some deadlines in classified docs case amid immunity questions
U.S. District Judge Aileen Cannon on Saturday granted former President Donald Trump’s request for further briefing on the issue of presidential immunity in the Mar-a-Lago classified documents case and delayed certain deadlines.Donald Trump -
NBC News - Top stories
Major retailers are backtracking on self-checkout
After years of investing in self-checkouts, Five Below, Dollar General and others are refocusing on human cashiers, citing long-running concerns about lost inventory. -
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Financial Times - World
Le Pen’s party in talks to join Orbán’s group in European parliament
Rassemblement National will decide whether to link up with Patriots for Europe on Monday -
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Financial Times - Business
Starmer hails historic Labour victory as Conservatives sink to worst-ever result
Sunak resigns as prime minister but delays departure as Tory leader until rules to choose successor are in place -
Financial Times - World
Live results map: The winners in every seat
Full details of who has won in every constituency -
Financial Times - World
Can the market fix climate change?
Also in this newsletter: French horse-trading, Biden under pressure, inflation slows across EuropeClimate -
The Wall Street Journal - World
Financial Services Roundup: Market Talk
Read about Australian fund managers Magellen and Regal Partners, and more in the latest Market Talks covering Financial Services. -
The Wall Street Journal - World
Energy & Utilities Roundup: Market Talk
Read about the U.S. rig count, RWE, Engie, and more in the latest Market Talks covering the Energy & Utilities sector. -
The Wall Street Journal - World
Auto & Transport Roundup: Market Talk
Find insight on prices for shipping containers, Chinese technology in cars, jobs at logistics companies, and more in the latest Market Talks covering the Auto & Transport sector. -
The Wall Street Journal - World
Health Care Roundup: Market Talk
Find insight on Quest Diagnostics, jobs in health care, Roche, and more in the latest Market Talks covering the Health Care sector. -
The Wall Street Journal - World
Basic Materials Roundup: Market Talk
Read about Glencore, crude palm oil prices, Nickel Industries and more in the latest Market Talks covering Basic Materials.