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Biden unveils stricter emissions rules for heavy-duty trucks
28/12/2022

Biden unveils stricter emissions rules for heavy-duty trucks

The new rules from the Environmental Protection Agency are the first update to clean air standards for trucks, vans and buses in more than 20 years.

Dan Yergin says there’s a chance oil could go as high as $121 a barrel when China fully reopens
28/12/2022

Dan Yergin says there’s a chance oil could go as high as $121 a barrel when China fully reopens

S&P Global's base case forecast for oil prices is $90 a barrel for 2023, but Dan Yergin warns there are major uncertainties looming over markets.

BP criticised over plan to spend billions more on fossil fuels than green energy
27/12/2022

BP criticised over plan to spend billions more on fossil fuels than green energy

Company’s oil and gas investments for 2023 will be as much as double those on renewables

UK government TV ad urges households to take 30 seconds to reduce energy bills
27/12/2022

UK government TV ad urges households to take 30 seconds to reduce energy bills

Campaign, originally blocked by Liz Truss, suggests actions such as turning down boiler flow

Families can make a tax-free rollover from 529 plans to Roth individual retirement accounts starting in 2024
26/12/2022

Families can make a tax-free rollover from 529 plans to Roth individual retirement accounts starting in 2024

Lawmakers say new rules would rescue funds from tax penalties and promote more college savings. Others think the measure amounts to a tax break for wealthy.

Retail sales fell 0.6% in November as consumers feel the pressure from inflation
26/12/2022

Retail sales fell 0.6% in November as consumers feel the pressure from inflation

Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation.

Mortgage refinance demand surged 6%, as rates dropped to the lowest level since September
22/12/2022

Mortgage refinance demand surged 6%, as rates dropped to the lowest level since September

Mortgage applications to refinance a home loan jumped 6% last week from the previous week.

Judge pauses SEC case in alleged NJ deli stock fraud in favor of criminal probe
22/12/2022

Judge pauses SEC case in alleged NJ deli stock fraud in favor of criminal probe

A federal judge ruled that the SEC will pause its fraud case involving a New Jersey deli to avoid overlap with the DOJ's ongoing litigation.

Danish government plans to scrap bank holiday to increase defence spending
16/12/2022

Danish government plans to scrap bank holiday to increase defence spending

New coalition’s proposal to remove Great Prayer Day from calendar met with criticism by church and business owners

‘Losing the plot’: Trump mocked after announcing superhero card collection
16/12/2022

‘Losing the plot’: Trump mocked after announcing superhero card collection

Cards cost ‘only $99 each’ and ‘would make a great Christmas gift’, says former president in ‘major announcement’ video

UK facing ‘tough road’ as recession looms despite economy growing in October – business live
12/12/2022

UK facing ‘tough road’ as recession looms despite economy growing in October – business live

Chancellor Jeremy Hunt warns economy likely to get worse before improving, after UK GDP rose 0.5% in October, but shrank by 0.3% in the August-October quarter

Microsoft to buy 4% stake in London Stock Exchange
12/12/2022

Microsoft to buy 4% stake in London Stock Exchange

US tech company signs 10-year strategic partnership with LSEG for data analytics and cloud technology

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