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Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worse
Source: CNBC
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Rubio says Tehran missed 'multiple' chances for nuclear deal amid Iran stalemate
Iran has failed to take advantage of "multiple opportunities" to reach a deal on its nuclear program, Secretary of State Marco Rubio said Wednesday.
The Guardian
Royal Mail to cut up to 2,500 head office and support jobs by end of next year – business live
IMF chief Kristalina Georgieva warns energy shock, public debt and AI boom threaten global growth, as Brent crude rises above $101 a barrel and government bond yields rise John Healey is planning a major intervention to cut energy bills for poorer households in this month’s budget, after ministers became alarmed at forecasts that show bills rising by hundreds of pounds in January, the Guardian has revealed . The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to households on certain benefits. Continue reading...
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Google ordered to halt work on two data centers in ‘Texas of Europe’
The order affecting two planned data centres follows concerns over forest clearance.
CNBC
Jaguar unveils $130,000 electric vehicle two years after controversial rebrand
The launch comes as luxury rivals Ferrari and Bentley also push into EVs, seeking to test wealthy buyer's appetite for going electric.
The Guardian
Goodbye Warner, hello Skydance: how will the major merger really impact Holllywood?
After a windier road than expected, Paramount and Warner are now one, under the banner of Skydance, and the film industry is set for a shake-up Hollywood’s big five have officially become the big four. Following a twist-filled saga that saw century-old studio Warner Bros nearly acquired by streaming giant Netflix, only to be outbid by Paramount owners Skydance, the company led by billionaire scion David Ellison, then faced with legal opposition that ultimately crumbled, Warner Bros and Paramount are officially under the same corporate roof . They’re divisions of Skydance, which joins Sony, Disney and Universal as the remaining major-studio players in Hollywood. The merger goes beyond film production. Eventually, the streaming services HBO Max and Paramount+ will merge into a single entity, though a timeline has not been disclosed. The television channels HBO, Showtime, CBS, MTV, Comedy C
CNBC
Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery
Iran's move to step up attacks on tankers which are transiting through the Strait of Hormuz has also led to renewed worries over oil supplies among traders.