UK slaps windfall tax on oil and gas giants over rising energy bills

Sunak had previously rejected the idea of ​​a windfall tax, saying that while it sounded “superficially appealing” it would ultimately deter investment. Leon Neal | Getty Images News | Getty Images LONDON – UK Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the government scrambles to alleviate the … Read more

Dividend stocks have found the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024

The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines. Dividend stocks, in contrast, have actually risen. Below is a screen of the components of the S&P 500 High Yield Index expected to raise their … Read more

Dividend stocks have found the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024

The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines. Dividend stocks, in contrast, have actually risen. Below is a screen of the components of the S&P 500 High Yield Index expected to raise their … Read more

Here’s the signal for investors from the deep pessimism of Bill Ackman and George Soros

Stock index futures are bouncing around on the 100th day of trading this year, with the Dow and S&P 500 headed for the worst annual start since 1970 and the Nasdaq its worst ever. This choppy market can’t help itself, because “there are too many unknowns,” Stephanie Link, chief investment strategist and portfolio manager at … Read more

Glencore Settles Corruption and Bribery Charges in US, UK, Brazil

Glencore GLNCY 2.32% PLC said Tuesday that it would pay at least $ 1.2 billion and that two business units would plead guilty to bribery in the UK and to conspiracy to violate US anticorruption laws, resolving criminal probes that have hung over the global mining and trading business for years. The long-awaited guilty pleas … Read more

Glencore Settles Corruption and Bribery Charges in US, UK, Brazil

Glencore GLNCY 2.32% PLC said Tuesday that it would pay at least $ 1.2 billion and that two business units would plead guilty to bribery in the UK and to conspiracy to violate US anticorruption laws, resolving criminal probes that have hung over the global mining and trading business for years. The long-awaited guilty pleas … Read more

Shell safety consultant quits over climate change with viral message

Shell officially changed its name on Friday, ditching “Royal Dutch”, which has been part of its identity since 1907. Rick Wilking | Reuters At 8:27 am on Monday morning, May 23, Caroline Dennett emailed 1,400 executives at the oil and gas conglomerate, Shell, to announce her resignation after 11 years working as a safety consultant. … Read more

Electric vehicles are in short supply. Here’s what you can find as gas prices soar

Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, DC, on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric … Read more

EU oil embargo ‘in days’ as Russia flags closer China ties | Russia-Ukraine war

The European Union will likely agree to an embargo on Russian oil imports “within days”, according to its biggest member Germany, as Moscow said it saw its economic ties growing with China after being isolated by the West over its invasion of Ukraine. Ukrainian President Volodymyr Zelenskyy told global business leaders in Davos on Monday … Read more

Can renewable energy help close power gap in India’s hot summer? | Business and Economy News

New Delhi, India – As temperatures soar beyond 40 degrees Celsius in Hasanganj village in the northern Indian state of Uttar Pradesh, the nearly 14-hour power cuts in the area mean that the bananas that Ramesh, a fruit vendor who goes by one name, sells are rotting faster than normal with no fans to keep … Read more