Gold prices stabilise after nine-day losing streak as bond yields dent demand October 8, 2023 Gold prices have stabilised after a nine-day losing streak which saw the precious metal slide on the spot market amid rising bond yields.
Sunak to clamp down on farmland solar panels in fresh planning proposals October 8, 2023 Sunak will revive efforts to clamp down on solar panel installations across UK farmland, in the latest watering down of green pledges.
Shell forecasts higher gas trading in second quarter October 6, 2023 Shell has said that trading in its gas segment will be higher over the third quarter than in the second, bouncing back from a challenging set of results in July. The energy giant also forecast that trading in its chemicals and products division would beat the second quarter. The London-listed firm’s adjusted earnings more than [...]
National Grid reassures shareholders over US earnings with bullish update October 5, 2023 National Grid has told shareholders to expect further contributions to its earnings per share in the second half of the year.
Ministers accused of risking green investment for ‘short-term political gain’ October 5, 2023 The government’s rowing back on green pledges is putting the future of the UK’s economy at risk for the benefit of “short-term political gain."
Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies October 5, 2023 Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]
OPEC+ opt against further oil output cuts as prices drop on demand fears October 5, 2023 Oil prices have slide after OPEC+, opted against further changes to the group's hawkish output cuts this year.
Rio pins recovery hopes on mega Simandou iron ore project amid share price blows October 5, 2023 Could revive Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore revive its share price?
SSE: Energy giant bullish over earnings but warns renewables output ‘below expectations’ October 4, 2023 SSE expects to report earnings of at least 30 pence per share in its half-year results next month, but warns of flagging renewable generation.
Investors ignoring ESG claims in the hunt for returns, report suggests October 4, 2023 Green credentials are on the wane as a driver of investor decision making as money managers and retail punters hunt for firms with healthy bottom lines, a new survey has suggested.