Burning Oil
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Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality.MarketWatch - Business -
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E.P.A. Severely Limits Pollution From Coal-Burning Power Plants
New regulations could spell the end for plants that burn coal, the fossil fuel that powered the country for more than a century.The New York Times - Top stories -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
Granting waivers on Iranian oil only emboldens the ayatollahs
The only way to reach any agreement with Tehran to constrain the activities of its clients is by exerting pressure on Iran itself.The Hill - Politics - Iran -
Music Review: St. Vincent's art-rock burns bright on seventh album, 'All Born Screaming'
On her seventh full-length studio album, Annie Clark, who performs as St. Vincent, unleashes her broad range of art-rock gifts, from the crackling ember of her vocals to raging infernos of swirling, epic orchestration, writes the Associated Press’ ...ABC News - Entertainment -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - Business -
Brent Burns, Dmitry Orlov help Hurricanes hold on to beat Islanders 3-2 for 3-0 series lead
Defensemen Brent Burns and Dmitry Orlov got Carolina off to a fast start and the Hurricanes held on to beat the New York Islanders 3-2 on Thursday night for a 3-0 lead in the first-round seriesABC News - Sports - NHL -
Caleb Azumah Nelson: ‘James Baldwin ignited something in me that’s still burning today’
The British-Ghanaian author on having his mind blown by Malorie Blackman as a child, the allure of John Williams’s Stoner and why Zadie Smith made him want to write. My earliest reading memoryReading Biff and Chip in my first couple of years of ...The Guardian - World -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
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 -
‘Outrageous’ climate activists get in the faces of politicians and oil bosses – will it work?
As the climate crisis has deepened, protesters have become more confrontational – and their ambitions have grown. The head of ExxonMobil told to “eat shit” as he was about to receive an award. A US senator and coal boss called a “sick fuck”, ...The Guardian - World - Climate -
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 -
Manchester City’s well-oiled winning machine shows no sign of exhaustion
Pep Guardiola’s complaints about his team’s tiredness were hard to believe as they strolled to victory against Brighton. It had been tempting to wonder if some kind of elaborate gag was taking place when the Brighton fan and noted stamina ...The Guardian - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Barclays accused of greenwashing over financing for Italian oil company
Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production. Barclays is being accused by environmental groups of greenwashing after helping to arrange €4bn ...The Guardian - World -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Yen sinks to 34-year low after Bank of Japan holds interest rates near zero
Governor Kazuo Ueda says weakening currency is having ‘no major impact’ on underlying inflationFinancial Times - World - Japan -
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 -
Tickets for Labour conference ‘business day’ sold out in hours
Glastonbury-style rush sees attendees pay £3,000 a shot with capacity more than double last year’s eventFinancial Times - Business -
Tickets for Labour conference ‘business day’ sold out in hours
Glastonbury-style rush sees attendees pay £3,000 a shot with capacity more than double last year’s eventFinancial Times - Business -
Tickets for Labour conference ‘business day’ sold out in hours
Glastonbury-style rush sees attendees pay £3,000 a shot with capacity more than double last year’s eventFinancial Times - Business -
Tickets for Labour conference ‘business day’ sold out in hours
Glastonbury-style rush sees attendees pay £3,000 a shot with capacity more than double last year’s eventFinancial Times - Business -
Tickets for Labour conference ‘business day’ sold out in hours
Glastonbury-style rush sees attendees pay £3,000 a shot with capacity more than double last year’s eventFinancial Times - Business -
Tickets for Labour conference ‘business day’ sold out in hours
Glastonbury-style rush sees attendees pay £3,000 a shot with capacity more than double last year’s eventFinancial Times - Business -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Yen sinks to 34-year low after Bank of Japan holds interest rates near zero
Governor Kazuo Ueda says weakening currency is having ‘no major impact’ on underlying inflationFinancial Times - World - Japan -
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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 -
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 -
‘Privileged access’: pro-plastic lobbyists at UN pollution talks increase by a third
Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates. The number of fossil fuel and petrochemical industry lobbyists has increased by more than a third at UN talks to agree the first global ...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