Energy News
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A wind farm in Scotland will pay £33.14 million ($42.3 million) to UK energy regulator Ofgem for breaching energy market rules. Beatrice Offshore Windfarm Ltd., broke rules when it charged excessive prices to reduce its output to ease pressure on the grid, “pushing up costs for consumers,” Ofgem said in a statement. The action follows a Bloomberg ...
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Corners of Europe’s fund industry have been routinely touting their ESG credentials without providing documentation, fueling fresh concerns about greenwashing, the bloc’s markets regulator said. Marketing communication for ESG products and services is largely generic, and social media posts about ostensibly green initiatives that lack proof are “common,” ...
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Since 1980, there have been 383 extreme weather or climate disasters where the damages reached at least $1 billion. In total, these disasters have cost more than $2.7 trillion. Created in partnership with the National Public Utilities Council, this chart shows how these disasters have been increasing with each passing decade. A Growing Concern: The U.S. ...
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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April. Meanwhile, the Expectations Index—based on consumers' short-term ...
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Crude prices are turning higher today with crude futures seen rallying back above the 77.64 level following a breakdown below the level last week. A weaker US Dollar is certainly helping boost demand for crude on Tuesday. Uncertainty ahead of US core PCE data on Friday is fuelling a sell-off in USD with traders wary of an uptick in easing expectations ...
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Corners of Europe’s fund industry have been routinely touting their ESG credentials without providing documentation, fueling fresh concerns about greenwashing, the bloc’s markets regulator said. Marketing communication for ESG products and services is largely generic, and social media posts about ostensibly green initiatives that lack proof are “common,” ...
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UN Security Council diplomats said Algeria requested an emergency meeting after a deadly Israeli strike on southern Gaza. UN chief Antonio Guterres condemned the strike amid an ...
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Finance ministers from the Group of Seven (G7) economies assembled in Northern Italy late last week, with the focus on China trade and industrial policy, currency moves, and ...
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Brigadier General Yahya Saree, spokesperson of the Yemeni Sanaa-based government's Armed Forces said in a statement on Monday "We carried out 3 joint operations against 3 ships in ...
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post: * #FED 'S KASHKARI SPEAKS IN CNBC INTERVIEW *KASHKARI: INFLATION HAS MOVED SIDEWAYS RECENTLY *KASHKARI: NEED TO WAIT AND SEE, GET MORE CONFIDENCE ON PRICES *KASHKARI: SHOULDN'T RULE ANYTHING OUT ON POLICY PATH *KASHKARI: FED IN GOOD POSITION BECAUSE OF STRONG LABOR MARKET
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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' ...
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The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the ...
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Crude prices are turning higher today with crude futures seen rallying back above the 77.64 level following a breakdown below the level last week. A weaker US Dollar is certainly helping boost demand for crude on Tuesday. Uncertainty ahead of US core PCE data on Friday is fuelling a sell-off in USD with traders wary of an uptick in easing expectations ...
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The rout in commodity prices didn’t last long, as expected, with dip buyers emerging late last week to take advantage of better entry levels. Crude and copper look particularly constructive following the recent bounce. With almost no new fundamental news to look at with public holidays in the United States and United Kingdom to start the week, traders are ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...