Britain’s Shell and Norway’s Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.
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Britain forecast to reach peak gasoline this year in landmark moment for electric vehicles
Britain is forecast to hit “peak petrol” in 2024, according to a new report, with EVs on track to assume a much bigger share of the country’s car market.
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South Korean President Yoon faces impeachment: How did we get here?
South Korean President Yoon Suk Yeol is facing impeachment by parliament after he declared martial law only to revoke it 6 hours later amid immense backlash.
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South Korea’s short-lived martial law declaration rattled markets. Here’s what’s next for stocks
An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia’s fourth-largest economy, analysts say.
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JetBlue cuts more unprofitable routes, tweaks Europe flights
JetBlue is in the middle of a new plan to return to consistent profitability and cut costs.
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Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
The Bank of England governor spoke to the Financial Times about the central bank’s projections.
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Britain wants to take the U.S. on as a global crypto hub — but the industry has its doubts
Steven Bartlett, a U.K. entrepreneur and podcaster, questioned whether the country had the risk appetite to capitalize on crypto’s “generational opportunity.”
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France’s political chaos casts long shadow over economic growth
“At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow,” ING analysts said.
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December 5, 2024December 5, 2024Country, United States, Worldwide
The Endowment Syndrome: Why Elite Funds Are Falling Behind
Endowments have long been considered elite investors, but outdated strategies and skyrocketing costs are eroding their edge
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Kospi heavyweight stocks fall in volatile trade after President Yoon’s martial law flip-flop
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.