The stock market isn't in the best shape; nor is the global economy. Inflation, supply chain issues, and geopolitical tensions are all contributing to the troubles on Wall Street and Main Street. For those looking for companies that can survive any recession, it might be worth considering corporations that have done it plenty of times before.
A U.S. proposal for using future interest on some $300 billion in frozen Russian assets to aid Ukraine, instead of seizing them outright, is gaining momentum among the Group of Seven nations, two G7 officials said. Collateralizing the interest earned on the frozen Russian assets, which would amount to some $5 billion a year, is emerging as one of the favored options to bridge differences between the U.S. and Europe ahead of a G7 leaders summit in Italy in June. But G7 members are still arguing about certain "holdbacks" that would whittle down those expected windfall profits to just $2.5-$3.0 billion, one of the officials said, pointing to Belgium's 25% tax rate, a "convenience fee" applied by depository Euroclear, and a proposed litigation reserve.
Europe's largest utility Iberdrola and Norway's $1.6 trillion sovereign wealth fund are building up on their existing partnership in renewables to jointly invest more than 2 billion euros ($2.15 billion) in Spain and Portugal. The deal is in line with Iberdrola's strategy of selling minority stakes in renewable projects to help fund its large investments in new projects and network assets. The Spanish firm and Norges Bank Investment Management (NBIM), the operator of the Norwegian fund, said on Thursday they reached an agreement for the fund to buy a 49% stake in a 644 megawatt portfolio of Spanish solar projects from Iberdrola for 203 million euros.
The centre-back is a favourite of Gareth Southgate and is back on the comeback trail after an injury in February
A team has proposed changing the points-scoring system from a top-10 to a top-12 for next season
The five-year-old was playing in the sun when his mum noticed an unusual, white glow in his right eye.
Thursday is Take Our Daughters and Sons To Work Day 2024. See why kids have been shadowing their parents for over 30 years and how the tradition started.
The decision came after first minister Mr Yousaf called an emergency meeting of the Scottish cabinet to address growing tensions between the Scottish Greens and the SNP
McGregor will return after a three-year absence from the cage, fighting in the main event of UFC 303
Disruption has hit the morning rush-hour on Thursday after a train crashed into a a piece of wood near Watford. Trains to and from Euston are among those affected. National Rail warns trains are having to run at reduced speeds on the line towards Milton Keynes Central.
US House Speaker is heckled at Ivy League Columbia University in New York, while a university in California shut its campus for the rest of the week
Net Income Declines Year-Over-Year Despite Strong Loan Growth and Stabilized Cost of Funds
Insights into EBMT's Financial Performance and Future Prospects
Exclusive: ‘Humanity has one duty to preserve and safeguard Venice’ – Simone Venturini, deputy mayor for tourism for Venice
Shadow transport secretary Louise Haigh said the plan was ‘fully costed’.
A £31 billion takeover pursuit and some robust blue-chip updates helped to boost the FTSE 100 index today. Anglo American, whose interests include De Beers and the giant Woodsmith polyhalite project in North Yorkshire, is the target of Australia’s BHP. Meanwhile, shares in Barclays, AstraZeneca and Unilever performed strongly after their first quarter updates.
The game has more than 700k vehicle customisations – this is the best build
A real estate posting says you can’t build a house or live on this wooded property, but could buying a share of it get your kid into the Lexington school you want? And is that allowed?
The ballot is hard to read. We make it easy to understand.
It’s one of Columbia’s most idealized neighborhoods — one Shandon home is currently listed for nearly $900,000 — but how far will your money go here?
Maye, the former UNC QB, is expected to be a Top-5 pick in the NFL Draft. The Patriots, Vikings and Giants are all potential landing spots.
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