Risk of Uk Winter Power Cuts Fades Amid Fall in Wholesale Gas Prices
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Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
U.S. Natural Gas Futures Fall on Oversupply Concerns
U.S. natural gas futures settled lower for a sixth straight session on concerns about surplus inventories and less bullish near-term weather forecasts.The Wall Street Journal - World -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
Gas prices topping $4 a gallon this summer are possible — but not expected
Retail gasoline prices are set to rise as they usually do just as the U.S. summer driving season gets underway, but to say the average national price will climb to $4 a gallon is a bit of a stretch.MarketWatch - Business -
BOE Flags Risk of Sharp Correction in Asset Prices
The Bank of England warned that investors may be too complacent about the challenges facing the global economy, with the result that there is an increased risk of a “sharp correction” in asset prices.The Wall Street Journal - World -
UK greenhouse gas emissions fell 5.4% in 2023: data
Yahoo News - World - United Kingdom -
UK to cut stock settlement times from 2027
Government approves timetable for the City to join global push to upgrade market plumbingFinancial Times - Business - United Kingdom -
NFL mock draft: Trades galore as one of the best QB prospects slides outside the top 10
Charles McDonald and Nate Tice's latest mock draft has five quarterbacks off the board in the top 13, a big-time weapon for Aaron Rodgers and some steals in the second half of the first round.Yahoo Sports - Sports - NFL -
Trump’s stake in social media group hits $4.6bn after market debut
Shares of company behind former president’s Truth Social platform rise 16% in first day of tradingFinancial Times - Business - Donald Trump -
Amid wars and White House race, celebs weigh risks of speaking out
Celebrities went all in during the 2020 and 2016 White House races, but they are proceeding with more caution this election cycle with an expected Biden-Trump rematch looming as multiple wars rage around the world. Annie Lennox knows firsthand ...The Hill - Politics -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Automakers beware: BYD can still afford to cut prices
EV giant has scope to sacrifice short-term profits to try to win a fierce battle for market shareFinancial Times - Business -
UK borders watchdog says visa regime put care workers at risk
David Neal, sacked last month, says Home Office did not understand sector and left migrants open to exploitationFinancial Times - World - United Kingdom -
BoE warns of risks to UK businesses from private equity bubble
Officials escalate warnings about leverage, transparency and valuationsFinancial Times - World - United Kingdom -
NHL Power Rankings: Avalanche cling to the top spot amid stellar stretch
Nathan MacKinnon and company are playing their best hockey at the right time.CBS Sports - Sports - NHL -
4 people die on Spain's coastlines after falling into sea during high winds
Emergency services in Spain say four people have died in three separate incidents on Spain’s Atlantic and Mediterranean coastlines after falling into the seaABC News - Top stories -
Four people die in Spain in separate incidents after falling into sea along coast amid high winds
Yahoo News - World -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Amid book bans, DEI cuts and 'Don't Say Gay' laws, 7 states will mandate LGBTQ-inclusive curricula
Washington will now mandate that the state’s public schools teach LGBTQ history, as red and blue states continue to diverge on whether schools should expose kids to gay and trans identities.NBC News - Politics -
Microsoft launches new Azure AI tools to cut out LLM safety and reliability risks
Beyond working to block out safety and security-threatening prompt injection attacks, Microsoft has also introduced tooling to focus on the reliability of gen AI apps.VentureBeat - Tech - Microsoft -
Inflation risks appear to be tilting higher, threatening to throw Fed’s rate-cut hopes into disarray
The possibility that U.S. inflation won’t trend much lower is raising concerns that Federal Reserve policymakers are mistakenly clinging to prospects for three interest-rate cuts this year and may lose their credibility, which could trigger ...MarketWatch - Business -
A look at the winter sport skijoring
While many Americans may be unfamiliar with skijoring, people in Leadville, Colorado, have been competing for at least 75 years. Janet Shamlian has the story.CBS News - World -
Troubled EV maker Fisker to cut some car prices by more than 30% to boost demand
Fisker Inc.’s stock got a slight reprieve Thursday after the troubled electric-vehicle maker announced large price cuts in an attempt to boost demand for its cars.MarketWatch - Business -
Revealed: UK-funded French forces putting migrants’ lives at risk with small-boat tactics
Exclusive: newly obtained footage and leaked documents show how a ‘mass casualty event’ could arise from aggressive tactics employed by border forces. French police funded by the UK government have endangered the lives of vulnerable migrants by ...The Guardian - World -
UK pension rules risk ‘finishing off’ remaining defined-benefit plans, MPs warn
Commons committee calls on government and regulator to change tack over where retirement schemes can investFinancial Times - Business - United Kingdom -
Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Fund manager projects Fed will cut interest rates more slowly than other central banksFinancial Times - Business -
UK sends Canary Wharf landlord first cladding bill under new powers
Housing department seeks to force Yianis Group to pay £20.5mn towards building safety worksFinancial Times - Business - United Kingdom -
Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast
The membership warehouse BJ's Wholesale said it plans to open a dozen clubs this year and 10 to 12 clubs each year going forward.CNBC - Business -
An America at Risk
Biden and Trump know the details of the nation’s security threat. Does either have a plan to meet it?The Wall Street Journal - World -
‘There will be no day after’: hopes fade to end war in shattered, traumatised Gaza
Across the Middle East, a painful realisation is dawning – there will be no clean truce to hostilities. Six months ago, Hussein al-Auda had a good job with a big international non-governmental organisation (NGO), a new baby, two curious and clever ...The Guardian - World -
Major winter storm brings rain and snow from West Coast to Plains
A high-impact winter storm is forecast to bring rain and snow to an area spanning from California through the northern Plains to Michigan’s Upper Peninsula.NBC News - Top stories -
US braces for major storm, 16 states under winter weather alerts
Millions of Americans are still feeling the effects of the winter season as the U.S. braces for a major snowstorm to sweep across the country.ABC News - Top stories -
Winter-like chill Wednesday morning; high pressure takes control
Yahoo News - World -
Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade
The yen was partly undermined by comments from a Bank of Japan board member that the central bank would cautiously unwind its easy monetary policy.The Wall Street Journal - World -
India left reeling by Afghanistan as World Cup hopes begin to fade again
Expanded 2026 World Cup finals have given hope to Igor Stimac’s side but the Lions of Khorasan had other ideas. Perhaps the one positive for India from their shock 2-1 home defeat by Afghanistan in 2026 World Cup qualification is that the team ...The Guardian - World - World Cup -
British Gas chief's pay package jumps to £8.2m
Centrica chief executive Chris O'Shea gets £4m more in 2023, up from £4.5m the year before.BBC News - Top stories -
What happens now Baltimore port is closed?
It handles more cars than any other US port. So what happens now it's closed for business?BBC News - Top stories -
The Morning Risk Report
Apple turns to longtime Steve Jobs disciple to defend Its 'walled garden,’and Tom Hayes, the trader at center of Libor scandal, loses his appeal. Also, AI is moving faster than attempts to regulate it, and here’s how companies are coping.The Wall Street Journal - World -
Are Travel Loyalty Programs at Risk?
A new agreement by Visa and Mastercard to reduce fees charged to merchants may drain the lucrative rewards that grant free travel to many credit card users.The New York Times - Business -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World