Eurozone Inflation Falls to 69 As Energy Prices Ease
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Oil prices set for weekly gains, despite easing back from highs after U.S. inflation data
Oil futures climbed on Friday, with both U.S. and global benchmark crude prices headed for their first weekly gains in three weeks.MarketWatch - Business -
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 -
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 -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
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 -
Fed's preferred inflation gauge shows price pressures stayed elevated last month
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bidABC News - Top stories -
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 -
Gazans vent anger against Hamas
Dissent against Islamist group increases after six months of gruelling conflict with IsraelFinancial 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 -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Jean-Philippe Mateta doubles up as Crystal Palace ease past Newcastle
It’s a question most Crystal Palace supporters and perhaps Roy Hodgson must be wondering - what would this season have been like if Eberechi Eze and Michael Olise not spent so much of it on the treatment table?. A third successive victory for ...The Guardian - World -
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 -
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
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 -
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 -
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 - Science -
Renewable energies cover 56% of Germany's Q1 electricity consumption
Yahoo News - World -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks were climbing and headed for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
U.S. Natural Gas Futures Fall
U.S. natural gas for May delivery fell as the contract expires today amid weak demand and a massive storage surplus.The Wall Street Journal - World -
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 -
BYD Seal 2024 Review: Prices, Specs, Availability
A world-class sedan for the people, from China’s biggest name in EVs. It’s here to best Elon’s offering, and it may well be the car to do it.Wired - Tech -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Yellen confident U.S. inflation will continue to cool
Treasury Secretary Janet Yellen, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months aheadMarketWatch - Business -
Gold's price is high. Is it still safe to invest in?
Gold has long been thought of as a safe investment. But is it still safe after recent price growth? Find out here.CBS News - Top stories