Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
There is growing evidence that the ESG movement is leading to a reduction of capital flows to emerging markets
The Competition Tribunal has approved the transaction without conditions
Mahumapelo is believed to be behind court challenge seeking to halt provincial conference
US exercise equipment company to close stores, raise prices and cut about 800 jobs
Expectations are retail sales grew about 0.5% in June, but indications are SA consumers are starting to feel the hurt from inflation
The writer is likely to lose an eye and has nerve damage in his arm and wounds to his liver
The All Blacks might be the one team for whom altitude is not a disadvantage when they play the Springboks
Rushdie’s condition is not immediately known
London — Royal Dutch Shell said on Friday its $7bn share buyback programme, of which $1.5bn has been completed, will continue “at pace” despite a slowdown in fuel demand due to the Omicron Covid-19 variant.
Shell, the world’s largest trader of liquefied natural gas (LNG), said its production and liquefaction volumes were affected in the fourth quarter by unplanned maintenance, mainly in Australia, where its flagship Prelude floating LNG vessel was hit by a power outage.
In a trading update, Shell said LNG results in the fourth quarter of 2021 are set to be “significantly higher” than the third quarter.
Natural gas and electricity prices around the world have soared since the middle of last year on tight gas supplies and higher demand as economies rebounded from the Covid-19 pandemic.
Benchmark European gas prices and Asian LNG prices hit record highs in the fourth quarter.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.