Energy News
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From fxnewsgroup.com|3 hr agoAs Citi continues to challenge a district court ruling against it in a lawsuit about $900 million sent by mistake, the bank has secured the support of academia. A letter of the so-called “friends of the court” (amici curiae) offers Citi some backing in its fight against those recipients of the money that refuse to return the funds they allegedly got due to ...
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From smh.com.au|10 hr agoFrench utilities giant Engie has been hit with penalties of more than $2.5 million after door-to-door sales agents allegedly fraudulently switched hundreds of power and gas customers to its Australian retailing business without consent. The penalties against the Engie-owned retailer Simply Energy, announced on Monday, are the biggest-ever imposed by ...
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From stockcharts.com|9 hr ago|3 commentsThe new highs in the market developed without a confirmation from the market's breadth last week. That's a very tricky situation which warrants a detailed trading approach. So now, it's all about whether COVID slows the global economy once again and whether the Fed decides to increase QE. The algos seem to be betting on the latter. Those that blinked last ...
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From bnnbloomberg.ca|4 hr ago|2 commentsBritain’s biggest financial institutions are on track to meet the Bank of England’s deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades. Banks including Natwest Group Plc, HSBC Holdings Plc, Barclays Plc and Lloyds Banking Group Plc are close to completing the technical steps necessary ...
- From fxnewsgroup.com|3 hr ago
As Citi continues to challenge a district court ruling against it in a lawsuit about $900 million sent by mistake, the bank has secured the support of academia. A letter of the so-called “friends of the court” (amici curiae) offers Citi some backing in its fight against those recipients of the money that refuse to return the funds they allegedly got due to ...
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From bbc.co.uk|7 hr ago|5 commentsSupporters of universal basic income have called for a trial in Wales to include everyone living in a test area. UBI pays everyone a fixed sum, regardless of their circumstances. The Welsh government has said its small trial could involve people leaving the care system. In an open letter to the first minister, signatories, including the future generations ...
- From bnnbloomberg.ca|4 hr ago|2 comments
Britain’s biggest financial institutions are on track to meet the Bank of England’s deadline to be ready for negative interest rates, giving authorities another tool to aid the ...
- From bbc.co.uk|7 hr ago|5 comments
Supporters of universal basic income have called for a trial in Wales to include everyone living in a test area. UBI pays everyone a fixed sum, regardless of their circumstances. ...
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From cnbc.com|55 min agoAnother high-level meeting between U.S. and Chinese officials — this time in the Chinese city of Tianjin, just outside of Beijing — began with criticism. Chinese Vice Foreign ...
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From @globaltimesnews|11 hr ago|12 commentstweet at 10:04pm: #BREAKING: The fundamental reason for the deadlock in China-US relations is that the US treats China as an "imaginary enemy," Chinese Vice Foreign Minister Xie Feng said during a meeting with US Deputy Secretary of State Wendy Sherman on Monday morning. https://t.co/VJwicG52L7 https://t.co/SM1VtxvE6J
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From census.gov|10 min agoSales of new single family houses in June 2021 were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly today by the U.S. Census Bureau and ...
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From dailyforex.com|3 hr agoThe West Texas Intermediate Crude Oil market did very little during the trading session on Friday, but despite the fact that we had no real range for the day, the reality is that the market was willing to sit at these elevated levels after the last three bullish sessions. This tells me that traders were willing to hang on to their positions heading into the ...
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From fxstreet.com|12 hr agoUS oil is fundamentally firm, but technicals momentum is slowing at daily resistance. FOMC and GDP data from the US will be key events. In the open, US West Texas Intermediate (WTI) crude prices are bid +0.26% at $72.21 at the time of writing. Energy markets have posted a strong recovery of late. ''Firm demand hindered shale supply and the cautious monthly ...
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From arabnews.com|5 hr agoThe Riyadh-headquartered Aldrees Petroleum and Transport Services Co. (Aldrees) has submitted a request to acquire service stations in Egypt, as part of a wider plan to expand into the North African country. Argaam reported that Aldrees had not yet received a response to its acquisition query but it is planning to open 60 fuel stations in Egypt during the ...