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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....
...Vestas shares on Thursday fell roughly 4 per cent to DKr179.2, while Ørsted’s rose almost 3 per cent to DKr391.8....
...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....
...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....
...In morning trading, Shell’s shares rose just under 1 per cent in London to £28.45. Shell reported strong profits in its gas business, accounting for 40 per cent of its earnings....
...They rose 1 per cent in early trading on Tuesday to 142p after Sparta’s letter....
...In early trading on Friday, Brent crude climbed above $90 a barrel while West Texas Intermediate rose towards $86....
...Tim Moore, economics director at S&P Global Market Intelligence, said demand in the sector “was boosted by greater confidence regarding the broader UK economic outlook”....
...elaine.moore@ft.com...
...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....
...There are prickly pears and lizards, but also roses and robins. Some of the gentler clifftops suggest Cornwall with cactuses....
...Housebuilders registered a marginal improvement from 49.8 in February to 49.9, a 16-month high, while the commercial construction sub-index rose from 49.0 to 49.9....
...The S&P Global UK Construction Purchasing Managers’ Index rose to 53 in April, up from 50.2 in March and the highest reading since February 2023, data released on Tuesday showed....
...When interest rates rose, they were unable to pay the mortgage. They sold up, split up and Maureen went to live in a mobile home....
...A case in point: Moore Global, a global network of more than 200 mid-size accounting firms with annual revenue that rose 15 per cent last year to $4.5bn, said more than half its revenue growth in 2023 came...
...Tim Moore, of S&P Global Market Intelligence, said the UK services sector was gaining momentum “as receding recession risks and looser financial conditions led to greater willingness to spend”....
...On Monday, the price rose just 3 per cent. Lex says this is in part due to hopes that the conflict will not draw in neighbouring countries such as Iran....
...Sales and marketing costs rose nearly 28 per cent in the first six months of this year compared with the previous year....
...The S&P Global UK construction purchasing managers’ index rose to 48.8 in January, up from 46.8 in December and the highest since August 2023....
...Both stocks rose in initial trading. But those gains were hard won. Neither priced their IPO above the last private valuation....
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 49.7 in February from 48.8 in January....
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