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...The world’s largest sovereign wealth fund has sharply criticised ExxonMobil’s decision to sue two shareholders that filed a climate proposal at the US oil major, pursuing the litigation even after they dropped...
...Wood declined to comment on whether the company was still planning to take legal action....
...And here’s what I’m keeping tabs on today: Economic data: The Institute for Supply Management will release its monthly US manufacturing survey while S&P Global publishes its Mexico manufacturing survey....
...“To this day, OpenAI, Inc.’s website continues to profess that its charter is to ensure that AGI ‘benefits all of humanity’,” it adds....
...Daniel Yergin, vice-chair of CERAWeek host S&P Global, said Guyana was an extraordinary story and Exxon and its partners had clearly been awarded very competitive terms to develop the resources....
...criticised business decisions made by FTX during the course of the case including the failure to revive the FTX exchange, selling the LedgerX unit for what they deemed an inadequate amount and choosing not to sue...
...“This suggests some people do not think we are out of the woods.”...
...The launch of TGL, the new golf league backed by Tiger Woods and Rory McIlroy, may be delayed after heavy rain caused the roof of the new purpose-built arena in Florida to collapse....
...MIRANDA GREEN: --the voter ID change, the electoral commission said that in 2023's local elections, 14,000 people could have been stopped from exercising a vote they wanted to....
...Just last week, Enviva, once one of the world’s largest wood pellet producers, filed for bankruptcy in the US (wood pellets are marketed as a low-carbon alternative to fossil fuels)....
...But she added: “We are not out of the woods yet, and there is a fair way to go.” The OECD said inflation would fall to most G20 countries’ target rates by the end of 2025....
...The Class E units were rendered worthless under the terms of the Rithm deal, according to Sculptor, prompting four holders to sue, claiming they are now worth $127mn....
...Hang up | Labour party members have complained about a heavy-handed leak investigation conducted by Starmer’s chief of staff Sue Gray....
...Since 1990, missing the 30 best days of the S&P 500 cuts your compound returns in half....
...If you think the artificial intelligence craze might get us Out Of The Woods then Kostin has some bad news, at least for the near term....
...The broader S&P 500 index fell 0.7 per cent....
...There is also disquiet over the approach of Starmer’s chief of staff Sue Gray, Whitehall’s former chief enforcer....
...This year, her flagship Ark Innovation ETF is up 29 per cent, easily beating the S&P 500’s sub-8 per cent gain. Yet according to Morningstar, net outflows top $19mn....
...— Twitter is threatening to sue Meta over Threads (Semafor) — Equity analysts only have only way to get paid (Bloomberg) — Trading the night effect (TwoQuants) — Where be your jibes now?...
...book and begins with the familiar “Once upon a time . . . ” What follows is a solo performance (with music) that entwines fairytale settings and characters — a poor woodcutter and his wife, a babe in the woods...
...“He’s got to deliver and he has a lot of wood to chop . . . People are waiting to see Schwartz’s actions,” said one former employee....
...Prospective wildfire payouts prompted S&P Global and Moody’s to downgrade PacifiCorp’s debt ratings last year....
...The NYSE Arca Airline index, which tracks 18 mostly US-based carriers, was 3.1 per cent higher versus a 1.2 per cent drop for the S&P 500....
...CATL’s overseas revenues were a fifth of total last year, up from 4 per cent in 2019, according to S&P Capital....
...Cathie Wood partners with Martin Gilbert Cathie Wood’s Ark Invest has had a helluva ride in the past couple of years....
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