Shell Flags Earnings Hit of Up to $4.5 Billion From Impairments

Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly not true” that people save for a house deposit, due to half of first-time buyers in their 20s getting help of an average of £25,000 from their parents.

Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.  Market Impact Raiffeisen’s presence…

By encouraging everyday investors, also known as retail investors, to buy up GME stock and increase its price, hedge funds would have to sell out in order to cut their losses from having shorted the stock, which increases the stock price even further. “Hedge funds are getting their asses kicked by the retail investor,” Lindzon…

Regina Lim Lee was born on Aug. 21, 1961. Her father, Albert Chin Lee, an immigrant from China’s Guangdong province, served in the US Army and later brought over his spouse, Susie, upon completing his service. They had four children, with Regina being the youngest. Raymond, the second oldest, recalled a blue-collar upbringing. The family…

Responding to consumer complaints about auto insurance coverage, the state insurance commissioner said Thursday that insurers could face penalties for creating unlawful barriers for California drivers. Ricardo Lara issued a bulletin to auto insurers, reminding them that they cannot change their policies’ terms and rates without formally filing for state review and approval. The bulletin…

Elon Musk fired back after a report claimed his illegal drug use at parties worried executives and board members of his companies, saying “not even trace quantities” of drugs were found in his system during three years of random testing. “After that one puff with Rogan, I agreed, at NASA’s request, to do 3 years…