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Business
Crossing the Atlantic is no easy fix for Europe’s oil majors
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In 1924 a new business, Compagnie française des pétroles,…
People have chosen lower-cost items they buy online: report
Shoppers have been trading down in online purchases. That was what Adobe Analytics said Thursday in a report that also showed online spending in the fourth-month period…
Decline in US wind generation raises bigger concerns than El Niño
Good morning, and welcome back to Energy Source. The US oil and gas industry is flourishing under the Biden administration. Production sits at record levels, and the scale of…
'Star Wars' fan in Massachusetts wins $5.37M lottery jackpot on May the 4th
A Northborough, Massachusetts, resident has won $5.37 million after playing the lottery on May 4, the unofficial "Star Wars Day." James Jorgensen was elated to win the big…
Jeff Zucker expresses regret over failed Telegraph deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.RedBird IMI boss Jeff Zucker said he regrets not…
Legendary investor says he would give Bidenomics 'an F'
A famous investor is giving the Biden administration's economic policies a failing grade. Duquesne Family Office CEO Stan Druckenmiller appeared Tuesday on CNBC’s "Squawk Box"…
Anglo American’s South Africa investors open to improved BHP bid
Stay informed with free updatesSimply sign up to the MiningmyFT Digest -- delivered directly to your inbox.Anglo American’s key South African shareholders are open to a takeover…
Americans are drinking less; non-alcoholic brands are saturating shelves: report
More Americans are making lifestyle changes, consuming fewer alcoholic beverages and switching to non-alcoholic brands that resemble booze-filled cans and bottles. Consumers…
Activist wins three board seats at US railroad Norfolk Southern but fails to oust CEO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Activist investor Ancora has won three board seats at…
Euro stock ETFs jump after Bank of England rate talk
Investors flocked to exchange-traded funds that track European stocks after the Bank of England dangled a carrot on the timing of future rate cuts while making no change at…