North Sea Oil and Gas Workers Vote to Strike Amid Bumper Profits
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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 -
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 -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
Biden eyes Latino vote amid jump in Trump support
President Biden and his reelection campaign clearly state they need Latino support this November. However, several polls in recent months have revealed an increasing number of Latino voters preferring former President Donald Trump. CBS News ...CBS News - Top stories - Joe Biden -
Deutsche Bank posts better-than-expected profit in first quarter amid investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Politics - Israel -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Top stories - Israel -
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 -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial 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 -
Nigeria’s naira rebounds sharply after bumper interest rate rises
After hitting record low against dollar, naira has become world’s best-performing currency in recent weeksFinancial Times - World -
Hundreds search for missing 6-year-old boy in north-west Germany
Yahoo News - World -
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 -
Martian skies over Athens? Greece’s capital turns an orange hue with dust clouds from North Africa
Yahoo News - World -
North Carolina 2024-25 roster: RJ Davis will be only first-team All-American to return next season
Davis' return makes the Tar Heels a national title contender next seasonCBS Sports - Sports -
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 -
‘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 -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Copper Still Isn't a One-Way Bet
The price of the metal has surged and BHP has bid for miner Anglo American, but the bull case for the metal is a bit more complicated than it seems.The Wall Street Journal - World -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
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 -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - 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 -
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 -
Lawmakers push Wall Street giveaway disguised as increased worker security
If members of Congress want to improve retirement security, they should expand Social Security rather than Wall Street-favored individual savings and investment schemes.The Hill - Politics -
New Federal Rules Set Overtime Pay Guidelines for Salaried Workers
The Biden administration finalizes overtime regulations for millions more salaried workers who earn less than $43,888 a year.Inc. - Business -
SpaceX Worker Injury Rates Are Alarmingly High for Second Year in a Row
Injury rates among SpaceX employees are as much as nine times higher than the industry average in some facilities.Inc. - Business -
House speaker calls for Columbia president's resignation amid protests
House Speaker Mike Johnson was met with loud boos as he visited Columbia University, where he joined calls for the president's resignation amid pro-Palestinian protests.CBS News - Top stories - House