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...It added that investment in renewable energy “currently offers subpar returns” and that if energy prices rose strongly, there was even a risk of social unrest....
...Revenues rose more than 20 per cent to $804mn last year. However, the company has yet to report an annual profit. It recorded a net loss of almost $91mn in 2023....
...In the prologue scene, mother Mary (Moore) greets her newborn boy not with words of wisdom, but hard truths. “You are my second son . . . what use are you to anybody,” she coos....
...Initially renting just half the property with its small garden, the sale of a work for £300 allowed them to purchase the whole building. As Moore’s success grew, so did the estate....
...At Tesla, it rose 34 per cent. These increases exceed revenue gains (or, in Tesla’s case, losses). For now, expansive talk of gigantic future AI-led revenue streams is just that....
...industrial estates of 21st-century continental Europe....
...Brent crude, the international benchmark, rose 1.3 per cent to $90.96 a barrel while West Texas Intermediate, its US counterpart, added 1.6 per cent to $86.36 a barrel....
...They rose 1 per cent in early trading on Tuesday to 142p after Sparta’s letter....
...The yield on benchmark 10-year gilts rose to 4.06 per cent, up from 4.03 per cent before the numbers were released....
...The benchmark FTSE 100 index rose 1.4 per cent after the news, putting it on track to close at a record high....
...Also moving on Tuesday morning was the benchmark 10-year Treasury yield, which rose to a peak of 4.4 per cent, its highest level since November....
...elaine.moore@ft.com...
...The pound fell 0.07 per cent to $1.2803 after official figures showed that average earnings excluding bonuses rose 6.1 per cent in the three months to January, slightly lower than the 6.2 per cent forecast...
...The probability of the first 0.25 percentage point cut being delivered by June rose from about 50 per cent to 60 per cent, with traders moving to price in three cuts by the end of the year....
...The market-implied probability of the first rate cut by June rose from under 60 per cent to 65 per cent, while sterling nudged down 0.12 per cent against the dollar to $1.2777....
...The S&P purchasing manager’s index, a measure of activity in the private sector, rose to 53.3 in February, up from 52.9 in January and the highest since May 2023....
...Markets’ rate-cut expectations have been shaken by data this week showing US inflation rose more than expected in March....
...Speculation also rose that Sweden’s Riksbank could cut interest rates as soon as May after the country reported lower than expected inflation on Friday....
...Benchmark 10-year Treasury yields rose 0.05 percentage points to 4.43 per cent....
...In a sign of higher investor activity, the number of outstanding gold futures contracts on Comex has jumped 30 per cent since February 28, while net long positions rose about 64,000 to 208,000 contracts...
...The San Francisco company reported net income of $1.4bn in the last quarter of the year, as revenue rose 15 per cent on the previous year....
...The blur with reality extends to the film’s foundations: based on the actual case of the late Mary Kay Letourneau, jailed in 1997....
...In seven weeks benchmark Treasury yields rose from 4.1 per cent to hit 5 per cent by late October, despite the Fed keeping interest rates steady over the period....
...Benchmark 10-year Treasury yields rose 0.05 percentage points to 4.43 per cent. “Ten-year yields are drifting higher....
...In a further sign of a cooling jobs market, US government figures showed that labour costs rose by the smallest amount since the second quarter of 2021....
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