Author: Press Room
Stay informed with free updatesSimply sign up to the UK energy myFT Digest — delivered directly to your inbox.New legislation to mandate annual North Sea oil and gas licensing rounds will be at the heart of the King’s Speech on Tuesday, as Rishi Sunak looks to exploit a policy divide with Labour ahead of the next UK general election.The prime minister says the bill, which would allow companies to bid yearly for new licences to drill for fossil fuels in the North Sea, would protect jobs and strengthen Britain’s energy security by reducing its exposure to volatile international markets.Claire Coutinho,…
2/2 © Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen discusses “U.S.-China Economic Relationship” during a forum hosted by the Johns Hopkins University at the Nitze Building in Washington, U.S., April 20, 2023. REUTERS/Sarah Silbiger/File Photo 2/2 By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world’s two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders. The Treasury said the Nov. 9-10 meetings will also convene the new economic and financial forums launched…
© Reuters. (Reuters) -Vacation property operator Hilton Grand Vacations (NYSE:) said on Monday it would buy peer Bluegreen Vacations (NYSE:) in a $1.5 billion deal. Under the terms of the agreement, shareholders of Bluegreen Vacations will receive $75 in cash for each share, more than double the closing price on Friday. Hilton Grand also said it has signed an exclusive 10-year marketing agreement with outdoor retailer Bass Pro Shops.
LI, OPEN and LICY are among pre market gainers
In her memoir, Justice Sonia Sotomayor confessed that she does not always observe the letter of the law. “I’m a New Yorker,” she wrote, “and I jaywalk with the best of them.”Almost no one is arrested for jaywalking, of course. But, as Justice Elena Kagan pointed out in a 2018 argument, it is the sort of crime that a police officer could use as a pretext for retaliation.“You can think of it,” she said, “as a case where an individual police officer, you know, decides to arrest for jaywalking somebody wearing a Black Lives Matter T-shirt or, alternatively, a Make…
The Nissan Sakura was the best-selling EV in Japan this year. Drivers told Insider the tiny car is a “blast” to drive and perfect for driving in busy cities.The Sakura is a rare success story for Japan’s EV industry, which lags behind the rest of the world. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Japan’s best-selling EV is a tiny car that sells for just $13,000 — and drivers have told Insider exactly what they like best about it.Data compiled by Bloomberg has shown…
Stay informed with free updatesSimply sign up to the Russian business & finance myFT Digest — delivered directly to your inbox.More than 100 UK companies have admitted breaching British sanctions against Russia since Moscow’s full-scale invasion of Ukraine last year, official data shows.A total of 127 companies had voluntarily disclosed sanctions violations to the UK government as of May 17, according to a freedom of information request submitted to HM Treasury and seen by the Financial Times. By voluntarily admitting breaches and co-operating with investigations, businesses can reduce government penalties. The UK has placed more than 1,600 individuals and companies…
China, Australia agree to turn the page as tensions ease
© Reuters. Wall Street was buoyed by bullish sentiment in the recent session, fueled by expectations of the Federal Reserve putting a stop to rate hikes. This anticipation led to a rise in major Exchange-Traded Funds (ETFs) including SPY, DIA, and QQQ, which climbed approximately 1%, 0.7%, and 1.2%, respectively. In addition to the performance of the major ETFs, niche funds also witnessed significant activity. The Asia-focused AAXJ and high-yield muni bond HYD saw trading volumes that were more than double their average, indicating a possible sustained interest in these investment instruments. The AAXJ ETF recorded a trading volume of…
Freshpet GAAP EPS of -$0.15 beats by $0.05, revenue of $200.6M beats by $6.15M