Updated Jan. 8, 2024 5:44 am ET Shell said its fourth-quarter earnings took a hit of between $2.5 billion and $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets. The London-based energy giant said Monday that the impairments were primarily driven…
Regulator Ofgem has given three companies permission to force-fit prepayment meters in homes.
Streaming your favorite shows and movies is fun. Less fun: paying for six different services, remembering multiple passwords, figuring out which service has which program—and toggling to live TV so you can watch news and sports. Guess who says he can help? The cable guy. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved….
Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors. A top executive of the beleaguered property company’s electric-vehicle business has been detained as part of a criminal investigation, adding to Evergrande’s mounting problems. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The RMT’s general secretary Mick Lynch said: “Following further positive discussions, the negotiations on a pay deal for our London Underground members can now take place on an improved basis and mandate with significant further funding for a settlement being made available.”
Listen to article (2 minutes) After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted, it resorted to the nuclear option. The insurance giant threatened last fall to stop renewing auto insurance for customers in three states that hadn’t given in to its demands, which would have left…
Taiwan is preparing to hold presidential and parliamentary elections on 13 January.
Updated Jan. 7, 2024 8:58 pm ET The last thing Boeing needed was more trouble with its 737 MAX jet. That is exactly what it got to start the new year. The company had just started to regain its footing after years of tumult around the popular but troubled line of narrow-body jets when a…
Comment on this storyComment Add to your saved stories Save Congressional leaders reached a $1.66 trillion agreement Sunday to finance the federal government in 2024, preserving funding for key domestic and social safety net programs despite GOP demands to cut the budget. Now lawmakers are up against a stiff deadline to pass legislation to codify…
Comment on this storyComment Add to your saved stories Save The harrowing midair breach of the fuselage on an Alaska Airlines flight near Portland, Ore., on Friday caps a turbulent year for Boeing, with its flagship 737 Max jets beset by manufacturing problems. With an eye on the potential financial hit, the company had recently…
