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Drax claimed record £999m in subsidies for burning trees in 2025, thinktank says
Company has received about £8.7bn in renewable energy subsidies since 2012, despite claims wood pellets are not sourced sustainablyThe owner of the Drax power plant in North Yorkshire received record subsidies of almost £1bn for burning trees to generate electricity in 2025, a climate thinktank has calculated.The company was paid £999m last year for generating about 4.5% of Great Britain’s electricity from its biomass plant, costing each household £13 a year, according to analysts at Ember. Cont...
Chancellor cuts bills for thousands more firms as she continues Washington talks
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Hotspots where asking rents have surged revealed amid wider price standstill
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Sigenergy Jumps 100% in Hong Kong Debut After $562 Million IPO
Shares of Sigenergy Technology Co., a Chinese maker of energy storage equipment, jumped in their Hong Kong trading debut Thursday after the company raised HK$4.4 billion ($562 million) in an initial public offering, a sign of investor demand in an industry swept up in a frenzied rally.
Kganyago Cites Zulu War to Signal Preemptive Inflation Move
South Africa’s central bank governor referenced an 1879 battle in the Anglo-Zulu war in his views on how to tackle the coming wave on inflation from the Iran war shocks, implying a preference to raise interest rates sooner rather than later.
Jury funds concert giant Live Nation acted as an illegal monopoly
A Manhattan jury sided with more than 30 states which argued Live Nation, the owner of Ticketmaster, is a “monopolistic bully.” The jury also ruled the company overcharged fans. NBC News’ Emilie Ikeda reports.
Ticketmaster owner Live Nation ran illegal monopoly, US jury finds
A US jury on Wednesday found that entertainment giant Live Nation wielded monopoly power at its Ticketmaster business, violating federal and state antitrust laws, according to California’s attorney general. A verdict that could have profound repercussions in the concert world came after four days of deliberations, and remedies could include breaking up Live Nation and Ticketmaster. The jury found Live Nation and Ticketmaster liable for anticompetitive conduct that harmed the music industry and.....
One group of Aussies to get $100 fuel vouchers - what you need to know
One group of Aussies to get $100 fuel vouchers - what you need to knowApprentices get fuel help for months$100 fuel vouchers to be handed outREAD MORE: Aussie truckies share urgent warning industry faces wipeout By MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 23:28, 15 April 2026 | Updated: 23:29, 15 April 2026 e-mail View comments
Britain preparing for food shortages as impact of Iran war hits supplies
There are growing fears that the closure of the Strait of Hormuz could lead to shortages of carbon dioxide, which is vital to the food industry. Chicken and pork are among the items which could be in short supply
خبرگزاری مهر: ایران تا اطلاع ثانوی صادرات محصولات پتروشیمی را متوقف کرده است
خبرگزاری دولتی مهر گزارش داد ایران تا اطلاع ثانوی صادرات محصولات پتروشیمی را متوقف کرده است. بر اساس این گزارش، این تصمیم شامل صادرات نفت خام نمیشود. مهر اعلام کرد هدف از این اقدام، تأمین نیازهای بازار داخلی عنوان شده است.
ECB Officials Are Leaning Toward April Rate Hold
Policymakers at the European Central Bank are leaning toward keeping interest rates unchanged this month, postponing their verdict on whether the fallout of the Iran war warrants a response, according to people familiar with the debate.
Vietnam Rushes Biofuel Rollout as Iran War Prompts Energy Pivot
Vietnam has moved up its timeline for the mandatory use of biofuel despite concerns over supply levels, quality and cost, as it seeks to strengthen energy security while the Middle East conflict drags on.
Group warns social security payment increase for seniors may not be enough to keep up with inflation
NewsWorldAmericasGroup warns social security payment increase for seniors may not be enough to keep up with inflationThe Senior Citizens League predicts that the Social Security Administration’s 2027 cost of living adjustment will be 2.8 percentMike Bedigan Wednesday 15 April 2026 22:47 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remo...
Average daily LPG bookings back to pre-conflict levels: Government
India News: NEW DELHI: The number of domestic LPG refill bookings has fallen to nearly 43-44 lakh in April from a peak of about 89 lakh in mid-March, easing press.
Founder Of Malaysia’s Largest Dollar Store Chain Debuts On List Of Country’s Richest
The May 2025 listing of discount store chain Eco-Shop Marketing catapulted cofounder Lee Kar Whatt into the ranks of the country’s richest, where he debuts at No. 18 with a net worth of $1.5 billion.
Malaysia’s 50 Richest 2026: A Robust Ringgit And A Hot IPO Market Power Tycoons’ Wealth
An economy that expanded 5.2% in 2025, an appreciating ringgit and a buoyant IPO market that had a total of 60 new listings last year created momentum that bolstered the collective wealth of Malaysia’s tycoons nearly 30% to $116 billion.
Reeves gives more energy bill support to businesses as Iran war pushes up costs
Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next yearRachel Reeves has announced an expansion of support for the most energy-intensive UK businesses, as they face soaring bills as a result of the Middle East conflict.The chancellor said the long-promised British Industrial Competitiveness Scheme (BICS) would be expanded to cover 10,000 companies, up from the 7,000 originally announced. Continue reading...
Iran War Highlights Risks In The Chemical Supply Chain
John Roberts, Mizuho Managing Director joins to discuss the supply chains in the global chemicals market continue to cause disruptions, a a volatile new cycle with cross-industry impact could be underway. Saying that everything in the synthetic world comes from the barrel of oil. (Source: Bloomberg)
German Firms Expand Morocco Investments Across Logistics, Pharma, Auto, and AI
Casablanca – German companies unveiled a new wave of investment plans for Morocco today during a Casablanca press conference hosted by the German Embassy and AHK Maroc, with projects spanning logistics, pharmaceuticals, automotive wiring, software, and artificial intelligence. The announcements offered one of the clearest signs yet that German corporate interest in Morocco is expanding well beyond traditional manufacturing. In logistics, DACHSER confirmed the expansion of its Tangier operations...
Bank of England boss tells BBC he won't rush interest rate rises
Bank boss tells BBC he won't rush interest rate rises12 minutes agoShareSaveAdd as preferred on GoogleFaisal Islam,Economics editorandLucy Hooker,Business reporterBloombergBank of England governor Andrew Bailey says the UK's central bank will not rush to make a decision on interest rate rises, despite the world facing what he described as a "very big energy shock".Speaking to the BBC at the meeting of the International Monetary Fund (IMF) in Washington, he said higher oil and...