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Incoming Shell CEO Sawan set to fire up renewables drive
October 10, 2022October 4, 2022 larpinet

Incoming Shell CEO Sawan set to fire up renewables drive

Business

Shell’s (SHEL.L) incoming Chief Executive Wael Sawan is set to accelerate the group’s drive to build its renewable energy business, including through a possible “transformative”

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Hedge fund Ancora seeks ouster of Kohl’s CEO, chairman
October 9, 2022October 4, 2022 larpinet

Hedge fund Ancora seeks ouster of Kohl’s CEO, chairman

Business

Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl’s Corp , is now pushing for the removal of

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Twitter expands research group to study content moderation
October 8, 2022October 4, 2022 larpinet

Twitter expands research group to study content moderation

Business

Twitter Inc (TWTR.N) plans to provide more data to external researchers who study online misinformation and moderation, the social media company said Thursday, part of

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Japan intervened in forex market to stem weak yen – top currency diplomat Kanda
October 7, 2022October 4, 2022 larpinet

Japan intervened in forex market to stem weak yen – top currency diplomat Kanda

Business

The Japanese government has intervened in the foreign exchange market to sell dollars for yen to stem the Japanese currency’s recent sharp falls, top currency

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EU eyes oil price cap, more high-tech export curbs in new Russia sanctions
October 6, 2022October 4, 2022 larpinet

EU eyes oil price cap, more high-tech export curbs in new Russia sanctions

Business

The European Union is looking at an oil price cap, tighter curbs on high-tech exports to Russia and more sanctions against individuals, diplomats said on

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Big U.S. banks’ prime rate soars to highest since 2008 financial crisis
October 5, 2022October 4, 2022 larpinet

Big U.S. banks’ prime rate soars to highest since 2008 financial crisis

Business

Three major U.S. banks are raising their prime lending rates to the highest levels since the global financial crisis of 2008, following a hefty interest

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Rouble extends recovery, heads towards 60 vs U.S. dollar
October 4, 2022 larpinet

Rouble extends recovery, heads towards 60 vs U.S. dollar

Business

The Russian rouble strengthened on Thursday, heading towards the 60 mark against the dollar, extending its recovery from July lows hit the previous day after

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