Moving markets today: What’s shaping the FTSE 100 this morning February 16, 2024 The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.
Shell is going great guns on LNG and bets China will drive Asian demand February 14, 2024 Shell reckons LNG will become a primary economic driver as Asia tries to quit coal
Dividend hikes and leaking numbers in focus for two of Britain’s largest water firms February 14, 2024 Last year was expected to be the Severn's largest ever year of capital investment, with a total outlay of £1bn planned.
Glencore remains bearish on nickel outlook as it writes off £3.2bn investment February 13, 2024 Mining giant Glencore is shopping its 49 per cent stake in a major nickel mine, writing off around $4bn of investment to date.
Thames Water admits there will be MORE leaks this year than last February 13, 2024 Thames Water has admitted that its turnaround programme has not gone as well as hoped - and it will miss its own targets
Profits fell at green tech start-up Myenergi ahead of major job losses February 12, 2024 Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.
UK government aims to buy back key nuclear site from Hitachi February 12, 2024 Ministers are now looking for new buyers into the project, one of which is reportedly South Korean nuclear developer, Korea Electric Power Corporation (KEPCO).
Water firms face new fines for poor customer service February 12, 2024 Water firms could be fined up to a tenth of their turnovers for poor customer service under the new powers
‘Can’t do the maths’: Labour slammed for oil and gas windfall tax extension February 11, 2024 The UK’s offshore energy industry has lambasted Labour and its leader Keir Starmer after the party said it will extend the windfall tax on UK oil and gas producers. The body said if the party follows through with its intention to extend the levy until 2029, up to 42,000 jobs will be lost and £26bn [...]
Investors pressure HSBC over oil and gas funding transparency February 11, 2024 The company has come under fire for not disclosing emissions as part of its capital markets strategy involving oil and gas companies