The commodity industry made record gross profits of more than $115bn from trading activities last year, as volatile energy prices resulting from the war in Ukraine drove big swings in the market. The biggest gainers were the independent trading houses — such as Trafigura, Vitol and… Read Full Article Here FT
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US stocks have recorded their biggest weekly fall in more than two months, declining further on Friday after traders were shaken by the latest evidence of stubbornly high inflation in the world’s largest economy. The S&P 500 index closed down 1.1 per cent in New York, bringing its losses for the week to 2.7 per […]
Eagles GM Howie Roseman hopes to ink Jalen Hurts to a new deal, and it is a near certainty he will command around $50 million annually or more. PHILADELPHIA — It’s easy to forgive Philadelphia Eagles fans for being hesitant about large, guaranteed contracts for quarterbacks. The last time they did this was a four-year, […]
British Gas parent company Centrica has reported a surge in its annual underlying operating profits. The firm’s earnings skyrocketed as Britons struggled to meet the cost of living, reaching £2.8 billion. The reported profits mark a threefold increase from £392 million in 2021, establishing a new record. The last record-breaking year for Centrica was in […]
Business Uber Technologies Inc. is introducing a new feature in Canada on Wednesday that gives riders and drivers the ability to record audio of their trips. Feature was piloted in Calgary last November The Canadian Press · Posted: Feb 15, 2023 1:49 PM EST | Last Updated: 1 hour ago An Uber car waits for […]
Besides, they will remain loyal to their commitments to farmers and suppliers “which means customers can continue to feel good about shopping with us”. Mr Bailey continued: “Supporting our farmers is as important as supporting our customers. Last year alone, we paid our British beef, chicken, egg, milk, poultry and salmon farmers an additional £56million […]
Manitoba saw a record number of skilled immigrants nominated to come to the province last year, however some experts say the number should be much higher and a report released Tuesday outlines about 70 ways the government can make the application and resettlement process smoother for newcomers. Out of a pool of 13,030 candidates, a total of 6,367 immigrants were nominated […]
Los Angeles Lakers star LeBron James has admitted it feels “surreal” to have risen to the top of the NBA’s all-time career scoring list. James matched his age with 38 points in Tuesday’s loss to the Oklahoma City Thunder, taking him to 38,390 points and moving him past Kareem Abdul-Jabbar’s all-time tally that has topped […]
Global investors have snapped up a record $21bn worth of Chinese equities this year, as robust economic data spurs traders to make larger bets that the reopening rally has further to run. Foreign buying of Shanghai- and Shenzhen-listed shares through Hong Kong’s Stock Connect programme has rocketed to Rmb141bn ($21bn) so far in 2023 — […]
The total amount expected to be wagered on this year’s Super Bowl is more than double the amount from last year as the legal sports betting market keeps growing. ATLANTIC CITY, N.J. — A record 50.4 million American adults plan to bet on this year’s Super Bowl, wagering a total of $16 billion, the gambling industry’s […]