Energy Watchdog Expects Record High Oil Demand Due to China S Covid Reopening
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German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
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 -
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 -
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 -
U.S. oil prices poised for lowest finish in a month as traders weigh demand prospects
Oil prices head lower Thursday, with U.S. prices on track to finish at their lowest in about a month as traders weigh prospects for energy demand.MarketWatch - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
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 -
Royal Caribbean’s stock rallies toward a record on ‘very robust’ cruise demand
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
Moncler Sales Beat Forecasts Amid Solid Demand in China
The Italian luxury-fashion company said revenue for the Moncler brand grew 26% in Asia.The Wall Street Journal - Business - China -
Lobbying World: FTC, White House alum joins anti-monopoly watchdog
Elizabeth Wilkins will join the American Economic Liberties Project as a senior fellow. Wilkins comes from the Federal Trade Commission, where she was chief of staff to the chair and director of the Office of Policy Planning, and she was ...The Hill - Politics -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
‘Don’t Inject Bleach’: Biden Mocks Trump on Anniversary of Covid Comments
President Biden has homed in on the infamous moment, which crystallized the chaos of the Trump presidency, as he trolls his political opponent.The New York Times - Top stories - Joe Biden -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
Authorities in Finland say a Chinese container ship remains the focus of an investigation into what caused damage last year to a Baltic Sea gas pipeline between NATO members Finland and EstoniaABC News - World -
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
Yahoo News - World -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL -
Embracer's Name Is Going Away, CEO Denies It's Due To Backlash And Controversy
Video game giant Embracer won't have that name for much longer. As part of the company's recent announcement that it's splitting into three distinct companies, the Swedish giant also confirmed that the name Embracer is going away.. Current ...GameSpot - Tech -
As Liverpool run out of steam, title hopes evaporate at Everton
It appears Jurgen Klopp's players have switched off as Wednesday's loss practically ends Liverpool's title hopes.ESPN - Sports -
Mosquito-borne diseases spreading in Europe due to climate crisis, says expert
Illnesses such as dengue and malaria to reach unaffected parts of northern Europe, America, Asia and Australia, conference to hear. Mosquito-borne diseases are spreading across the globe, and particularly in Europe, due to climate breakdown, an ...The Guardian - World - Climate -
Ex-Post Office boss 'does not recall' being told IT firm could access accounts
Angela van den Bogerd tells the public inquiry she is "truly sorry" after sub-postmasters were wrongfully convicted.BBC News - Top stories -
Sean Dyche’s tracksuit energy shocks weary Liverpool into submission | Will Unwin
Everton were set on closing down their rivals from the off and the tactics sapped the belief from the title challengers. It is little wonder Jürgen Klopp is running out of energy when he is having to come up with a new lineup every few days. For ...The Guardian - World -
Energy Dept. Aims to Speed Up Permits for Power Lines
The Biden administration has expressed growing alarm that efforts to fight climate change could falter unless the electric grids are quickly expanded.The New York Times - World -
BlackRock-Temasek Venture Amasses $1.4 Billion for Clean-Energy Wagers
The firms’ Decarbonization Partners raised its first fund to support emissions-reducing technologies.The Wall Street Journal - World -
Energy Dept. Aims to Speed Up Permits for Power Lines
The Biden administration has expressed growing alarm that efforts to fight climate change could falter unless the electric grids are quickly expanded.The New York Times - Top stories -
Energy Department Gets Power Over Big Grid Projects
In a bid to fast track grid-infrastructure construction, the department is set to become the lead federal agency coordinating environmental approval of major transmission projects.The Wall Street Journal - World -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Business - China -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Top stories - China -
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 -
Forecasters predict record number of hurricanes
Weather forecasters at the University of Pennsylvania predicted a record hurricane season for 2024 on Thursday, a “hyperactive” season that could threaten the Gulf Coast. The UPenn forecast predicts between 27-39 named tropical storms, with the ...The Hill - Politics