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...Global energy markets have changed and grown dramatically since the creation of the Strategic Petroleum Reserve (SPR) nearly 50 years ago....
...John Lobb suede shoes, £1,300. Pantherella merino wool socks (just seen), £19.50. Vintage Drake’s silk tie, from stylist’s archive....
...Revenue for the first quarter of 2024 would be 50 per cent less than the $458mn generated in the same period of 2023, it added....
...In contrast, a cut of 43 per cent is required by 2030 if the world is to stick to the 2015 Paris agreement to limit warming to 1.5C....
...john.thornhill@ft.com...
...Rebecca is @rebeccawhatsun Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart Read a transcript...
...It estimates the initiative will generate an additional £1.4bn by the end of the 2028-29 tax year....
...I sold 15 per cent of my holding at £12.40 and £14.50 when they looked somewhat “toppy” — but I wish I hadn’t!...
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...The Jewish state launched its offensive after Hamas militants carried out the deadliest-ever attack on Israeli territory on October 7, killing about 1,200 people, and taking a further 240 hostage....
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...Reporting by Martha Muir, Joshua Oliver, Emma Agyemang, Laura Hughes, Rafe Uddin, Sally Hickey and John Aglionby...
...Much of the north has been rendered uninhabitable, with at least 50,000 buildings damaged....
...Having paid £6 to park, we lacked a £1 coin for a trolley....
...While the average here is just 185 vehicles per 1,000 inhabitants, there are almost 800 vehicles per 1,000 inhabitants in the USA and around 580 in Germany,” said VW....
...India’s Nifty 50 index of large companies has risen 8.1 per cent over the past month, hitting record highs this week, while Hong Kong’s Hang Seng index fell 6.7 per cent over the same period, dragged lower...
...In just the first two weeks of its campaign, Israel used at least 1,000 air-to surface munitions daily, estimated John Ridge, an open-source intelligence analyst and munitions expert....
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...As of June, the company’s total headcount in India was just 50,000, compared with 700,000 to 1mn employees in China....
...She added that Greggs would look to relocate another 50 stores this year, and “that will be a similar number as we go forward”....
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...The IDF said more than 1,000 Israelis had been killed since Saturday’s incursion, with dozens more held hostage in Gaza....
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