Friday, 24 June 2022

Futures rise as investors scale back rate hike expectations

Futures rise as investors scale back rate hike expectations

U.S. stock index futures rose on Friday as signs of slowing economic growth and falling commodity prices eased expectations over how high the Federal Reserve will raise interest rates to rein in inflation.

Ex-girlfriend of biotech CFO pleads guilty to insider trading

A former corporate communications chief for a New Jersey biotechnology company admitted on Wednesday to illegal trading based on tips about a new breast cancer drug from the company's chief financial officer, who was her boyfriend at the time.

Texas repeatedly raises pollution limits for Cheniere LNG plant

Cheniere, the largest U.S. exporter of liquefied natural gas, boasts that it's helping to "improve local air quality in communities globally" because the cleaner burning fuel it ships displaces coal in power plants.

Quadruple real rates? Ageing may turn to market headwind

If you were hoping this was all a bad dream, take a deep breath.

Germany looking at repurposing unused Nord Stream 2 pipeline for LNG use -report

The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast.

Stellantis production stoppages in France linked to Continental, sources say

Production stoppages at two Stellantis auto plants in France stem from shortages in components from German supplier Continental , two sources close to Stellantis said on Friday.

Denmark agrees corporate carbon tax - government

Danish lawmakers on Friday agreed a new corporate carbon tax, the highest in Europe, which will target companies both in and outside the EU's carbon quota system, the government said.

Can crypto holders recoup losses in court?

A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. court. Here is how cryptocurrency litigation has fared so far and the challenges investors may face.

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

Toyota Motor Corp's chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry's support, a senior lawmaker told a ruling party meeting.

Up-ended global LNG markets deepen Australia's power woes

Top liquefied natural gas exporter Australia is in the depths of a power crunch just as traditional buyers are scrambling to meet shortfalls of Russian gas and winter takes hold Down Under.

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