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UK energy watchdog proposes electricity price checks

UK energy watchdog proposes electricity price checks

Price control starts April 1 The proposals are subject to statutory consultation Should increase the use of renewable energy Green energy would be supported by nuclear, hydrogen LONDON, Nov 30 (Reuters) – Britain’s energy watchdog has proposed price controls for electricity distribution companies for the next five years, which it says will boost investment in …

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Global stocks gain on hopes recession warning will force Fed's hand

Wall St losses limited as Amazon gains on bullish Cyber ​​Monday

Cyber ​​Monday spending hits a record $11.6 billion – report Biogen down after death in Alzheimer’s drug trial Disabled indices: Dow 0.47%, S&P 0.60%, Nasdaq 0.35% Nov 28 (Reuters) – Major Wall Street indexes fell on Monday amid concerns over protests in major Chinese cities over strict COVID-19 policies, although Amazon’s gains helped limit losses …

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Global stocks gain on hopes recession warning will force Fed's hand

Wall St opens eyes as COVID cases in China surge; Disney jumps

Travel and casino stocks slide with Chinese ADRs Disney aware of Iger’s return as CEO Futures down: S&P 0.41%, Nasdaq 0.59%, Dow 0.12% Nov 21 (Reuters) – Major Wall Street indexes were expected to open lower on Monday as COVID-19 outbreaks in China rekindled concerns about slowing growth, while Disney shares surged as Investors cheered …

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Bankman-Fried says FTX filing for bankruptcy was a mistake - Vox

Bankman-Fried says FTX filing for bankruptcy was a mistake – Vox

Nov 17 (Reuters) – The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticized regulators. Bankman-Fried later said on Twitter that the basis of the interview, an exchange of messages on the same platform, was not meant to be …

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Wall Street wins on inflation data, but rocky on geopolitics

Wall Street wins on inflation data, but rocky on geopolitics

US producer prices rise less than expected Walmart jumps on good forecast, other retailers go up Indices up: Dow 0.17%, S&P 0.87%, Nasdaq 1.45% Nov 15 (Reuters) – Major Wall Street indexes rose on Tuesday, shaking an unconfirmed report of Russian missiles crossing Poland that sparked volatility, as investors seized on weaker-than-expected inflation data that …

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Wall St slips as jobs data undermines hopes of Fed rate deceleration

Wall St slips as jobs data undermines hopes of Fed rate deceleration

US job vacancies up in September Manufacturing activity slows Uber and Pfizer ride on optimistic forecasts Dow down 0.24%, S&P 500 down 0.41%, Nasdaq down 0.89% NEW YORK, Nov 1 (Reuters) – U.S. stocks closed lower for a second straight session on Tuesday after data indicating the labor market remained on a solid footing dampened …

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Russia set to largely circumvent new G7 oil price cap

Western officials finalize plans for Russian oil price cap

WASHINGTON, Oct 26 (Reuters) – U.S. and Western authorities are finalizing plans to impose a cap on Russian oil prices amid a warning from the World Bank that any plan will require the active participation of emerging market economies to be effective. Officials said no price range had yet been decided, but a person familiar …

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Intel's Mobileye unit valued at $22 billion as shares rise

Intel’s Mobileye unit valued at $22 billion as shares rise

Oct 26 (Reuters) – Shares of Mobileye Global Inc (MBLY.O) rose 30% in the early afternoon on Wednesday after its U.S. debut, valuing Intel Corp’s standalone technology unit ( INTC.O) to $21.8 billion as investors swallowed what could be the last major IPO of 2022. The debut comes after a turbulent period when Mobileye settled …

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Cryptoverse: The British Pound Fiasco Boosts the Appeal of Bitcoin Hedging

Cryptoverse: The British Pound Fiasco Boosts the Appeal of Bitcoin Hedging

Oct 25 (Reuters) – As a developed country, you know your currency is in trouble when investors start hedging with bitcoin. After brief British Prime Minister Liz Truss unveiled her mini-budget on September 23, filling financial markets with dread, a section of investors moved away from the pound and into cryptocurrency. Trading volumes between bitcoin …

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