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...Most of the rest — or some 38.4 per cent — was supplied by power stations fuelled by natural gas....
...Waitrose’s sales rose 5 per cent to £7.7bn, driven by an average 6.6 per cent increase in prices. Sales at John Lewis were down 4 per cent to £4.8bn....
...Companies: Blackstone, Netflix, Alaska Air Group and DR Horton report results....
...Netflix: The streaming company is expected to report that revenue increased 13.6 per cent to $9.27bn in the three months to March 31, while earnings are expected to rise 57 per cent to $4.51 a share....
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...“Forget the big picture, companies ask us questions like: ‘Will there be simplification of GST?’”...
...john.thornhill@ft.com...
...In January, the company’s net sales fell 1.4 per cent to $11bn in the six months to December, down 0.6 per cent on a like-for-like basis....
...john.burn-murdoch@ft.com, @jburnmurdoch...
...Fish-and-fennel meatball spaghetti SERVES 4 For the meatballs For the sauce Heat a tablespoon of olive oil in a casserole or frying pan....
...scion of the Indian National Congress, perpetual political underdog and opposition hope for reclaiming national leadership — is taking his political message straight to the public with a dramatic ploy: a 6,700km...
...While European defence spending grew 4.5 per cent in 2023, to reach an average 1.6 per cent of gross domestic product, Asian countries boosted their defence budgets by 4.7 per cent to hit an average 1.8...
...The CLEWI climbed 4.9 per cent in 2023 — above the 3.4 per cent rise in US CPI in the same period — following increases of 7 per cent in 2022 and 10.1 per cent in 2021....
...Just 6 per cent of new mortgages taken out in the first three months of the year were trackers, according to John Charcol; nine in 10 were fixed; in all, half were two-year fixes....
...Wood is still fixing problems created by its 2017 acquisition of Amec Foster Wheeler, which in the last three years has cost $665mn in cash exceptionals and has pushed net debt towards 4 times ebitda....
...John Lewis’s department stores posted a 4 per cent sales decline to £4.8bn last year, indicating that the second half was challenging, which was “reflective of consumers seeking to do Christmas on a tighter...
...john.gapper@ft.com...
...On Thursday, Sunnova priced $244mn of solar notes, its first with the DoE’s partial guarantees....
...Hexa focuses, in particular, on building enterprise software, fintech, and web 3 companies. It has launched 40 companies with a combined valuation of more than $4.5bn....
...The firm, which trades tens of thousands of products, including currencies, exchange traded funds and options, reported profits of $5.9bn in 2023 and $6.7bn in 2022....
...After much time and effort, Vogtle Unit 3, owned by Southern Company affiliate Georgia Power, recently came online — the first to be ordered and completed in the US since 1986 — and Unit 4 is due soon....
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