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Business
Shell increases share buybacks as robust oil prices drive profits
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shell reported adjusted earnings of $6.2bn in the third…
House GOP demands Biden admin reveal impacts of war on appliances: ‘Burdensome regulations’
FIRST ON FOX: The House Small Business Committee is pressing the Biden administration over its actions targeting commercial refrigeration equipment which it said could lead to…
Brookfield-led ‘final’ bid for Australian energy giant rebuffed by largest shareholder
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A “best and final” offer from a Brookfield-led consortium…
Eye drops sold at Walmart added to FDA’s list of potentially harmful products
Eye drops sold at Walmart are being added to the Food and Drug Administration's (FDA) list of potentially dangerous products. Consumers are now being told to avoid the Equate…
State Street Global Advisors slashes fees on flagship European ETF
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.State Street Global Advisors is cutting fees on two of…
The fuse on America’s debt bomb just got shorter
If you thought it was scary when the Treasury Department recently dropped a financial bomb, announcing the deficit for fiscal year 2023 was $1.7 trillion dollars, please sit…
‘Our secret weapon’: how a university bolstered Phoenix’s rise as US chip capital
At the turn of the millennium, Phoenix’s economy was dominated by the tourism and real estate industries that are the natural byproduct of year-round sun. The region’s largest…
Fed leaves interest rates unchanged again despite still-high inflation
The Federal Reserve on Wednesday held interest rates steady for the third time this year even as central bankers confront a surprisingly resilient economy and still too-high…
Elon Musk weighs in on massive migrant caravan headed to US-Mexico border: ‘staggering’
Tech billionaire Elon Musk weighed in Wednesday on the massive migrant caravan headed to the U.S.-Mexico border. Taking to his platform X, formerly Twitter, Musk replied to a…
Ørsted: ill wind blows no good for developer that bungled estimates
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ørsted’s C-suite must be feeling the chill. The Danish…