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SANTA FE, N.M. (AP) — The trial and conviction of a movie armorer in connection with a fatal shooting on the set of the Western movie “Rust” has given Alec Baldwin and his legal team a unusual window into how his own trial in the death could unfold. Baldwin’s trial is scheduled for July and will involve the same judge and prosecutors as well as many of the same witnesses. But Gutierrez-Reed's trial included previously undisclosed testimony from eyewitnesses to the shooting. “Alec Baldwin’s conduct and his lack of gun safety inside that church on that day is something that he’s going to have to answer for," prosecutor Kari Morrissey said in her closing arguments against Gutierrez-Reed. The filming of “Rust” moved to Montana after the shooting in New Mexico, under an agreement with Hutchins' widower, Matthew Hutchins, that made him an executive producer.

Persons: Alec Baldwin, convicting armorer Hannah Gutierrez, Reed, Halyna Hutchins, Baldwin, “, Hutchins, Joel Souza, Gutierrez, Emily D, Baker, wasn't, Hannah, ”, Reed's, Bryan Carpenter, Souza, Dave Halls, Mamie Mitchell, Alec Baldwin’s, Kari Morrissey, ” Morrissey, Jason Lewis, Attorney Mary Carmack, Altwies, Carmack, Ross Addiego, “ Rust ”, Matthew Hutchins, ___ Dalton Organizations: SANTA FE, New, Forensic Science Services, Gutierrez, Attorney, Democratic Locations: SANTA, New Mexico, Gutierrez, Angeles, Santa Fe, Arizona, Montana, Los Angeles

SANTA FE, N.M. (AP) — A grand jury indicted Alec Baldwin on Friday on an involuntary manslaughter charge in a 2021 fatal shooting during a rehearsal on a movie set in New Mexico, reviving a dormant case against the A-list actor. Special prosecutors brought the case before a grand jury in Santa Fe this week, months after receiving a new analysis of the gun that was used. Baldwin, the lead actor and a co-producer on the Western movie “Rust,” was pointing a gun at cinematographer Halyna Hutchins during a rehearsal on a movie set outside Santa Fe in October 2021 when the gun went off, killing her and wounding director Joel Souza. Baldwin has said he pulled back the hammer, but not the trigger, and the gun fired. They later pivoted and began weighing whether to refile a charge against Baldwin after receiving a new analysis of the gun.

Persons: —, Alec Baldwin, Baldwin, ”, Halyna Hutchins, Joel Souza, “ Rust ”, Lucien Haag, Hannah Gutierrez, Reed, “ Rust, David Halls, Hutchins, Matthew Hutchins Organizations: SANTA FE, FBI, Forensic Science Services, Movie Productions Locations: SANTA, New Mexico, Santa Fe, Arizona, Montana

☆ ‘It’s game on’: The world’s largest iceberg is on the move. Scientists explain why it matters
▼ + stars: | 2023-12-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

"It's just astonishingly big and it's a reminder of how much risk we're at from sea level rise." "Antarctica has historically been quite a small contributor to sea level rise, but it is growing, and it is taking up a bigger and bigger share of the sea level rise that we see every year," he added. "So, it's a symbol of the growing dominance of Antarctica in the sea level rise equation." This temperature threshold is widely recognized as crucial because so-called tipping points become more likely beyond this level. Tipping points are thresholds at which small changes can lead to dramatic shifts in Earth's entire life support system.

Persons: Robbie Mallett, A23a, Mallett, Mallet, That's, Gail Whiteman, Taalas, Hollie Adams, NASA Modis Organizations: United Arab Emirates, Continent, University of College London, CNBC, United, NASA, World Meteorological Organization, University of Exeter, WMO, Expo, Bloomberg, Getty Images Bloomberg, Getty Locations: DUBAI, United Arab, Antarctica, New York City, United Arab Emirates, South Georgia, Dubai, COP28, Green

☆ IAEA says a dozen countries to be equipped with nuclear power
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Rafael Mariano Grossi, director general of the International Atomic Energy Agency, speaks at a news briefing in Okuma, northeastern Japan, Wednesday, July 5, 2023. Hiro Komae/Pool via REUTERS Acquire Licensing RightsPARIS, Nov 28 (Reuters) - A dozen countries are expected to start producing electricity from nuclear power sources within the next few years, the director general of the International Atomic Energy Association (IAEA) Rafael Mariano Grossi said on Tuesday. "We already have 10 countries which have entered the decision phase (to build nuclear power plants) and 17 others which are in the evaluation process," he said. "There will be a dozen or 13 (new) nuclear countries within a few years," he added. Ghana, Kenya, Morocco, Nigeria, Namibia, the Philippines, Kazakhstan and Uzbekistan were cited by Grossi as potential new nuclear countries.

Persons: Rafael Mariano Grossi, Hiro Komae, Grossi, Benjamin Mallet, Forrest Crellin, Bernadette Baum Organizations: International Atomic Energy Agency, REUTERS Acquire, Rights, International Atomic Energy Association, Thomson Locations: Okuma, Japan, Paris, Ghana, Kenya, Morocco, Nigeria, Namibia, Philippines, Kazakhstan, Uzbekistan

France's minister of state for development Chrysoula Zacharopoulou told the Indian government about the plan, called the "New Coal Exclusion Policy", for private financial institutions and insurance companies, two Indian officials said. The plan to stop private financing for coal-fired power plants has not been previously reported. They are concerned private international financing continues to support large additions to coal capacity in developing nations, according to the plan shared by France with India. "And countries need to stop digging a deeper hole by building new unabated coal power plants, because unfortunately, there's still some 500 gigawatts of new coal-fired power plants in the pipeline globally, and the IPCC and the International Energy Agency have both been quite clear that that needed to stop already." Member countries are divided on emissions abatement technologies that are yet to evolve to commercial scale for use in developing countries, one of the Indian officials said.

Persons: Rula, Chrysoula Zacharopoulou, Zacharopoulou, Emmanuel Macron, Rick Duke, Duke, there's, Sarita Chaganti Singh, Valerie Volcovici, Kate Abnett, Benjamin Mallet, Sonali Paul Organizations: Abu Dhabi Sustainability, REUTERS, OECD, French, Organisation for Economic Co, Development, U.S, International Energy Agency, Thomson Locations: UAE, Abu Dhabi, DELHI, BRUSSELS, WASHINGTON, France, United States, India, Europe, Dubai, China, New Delhi, U.S, Union, Canada, COP28, Washington, Brussels, Paris

☆ Jewelry Class Echoes the Florence of Old
▼ + stars: | 2023-11-20 | by ( Laura Rysman | More About Laura Rysman | ) www.nytimes.com time to read: +1 min

On my right was Ms. Meukens, wearing the sinuous teardrop earrings she had completed. She drew original designs based on concept words — asymmetric, geometric — that she devised at the behest of the instructor beforehand. “I don’t look at things the same way anymore.”Alchimia provides students with brass and copper to work with, but I had brought an outmoded gold bracelet from one of my grandmothers that needed a new purpose. Eventually the caterpillar became a foot-long piece of square gold wire as slender and springy as a daisy stem. “Metal is magic,” Ms. Boieri said.

Persons: Meukens, “ I’ve, “, Alchimia, Ms, Boieri, Florence Locations: San Frediano

SANTA FE, N.M. (AP) — Prosecutors are preparing to present evidence to a grand jury against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of a Western movie in New Mexico. A grand jury did not take up the case Thursday and a decision on whether to revive criminal charges against Baldwin still could be weeks away. They later pivoted after receiving a new analysis of the gun and will ask a grand jury to consider recharging Baldwin. NEXT STEPSA grand jury could weigh whether there is “probable cause” to bring charges against Baldwin as the target of the investigation. A case can’t be brought twice before a grand jury on the same evidence, so if they don't proceed this time a second grand jury is less likely.

Persons: Alec Baldwin, Baldwin, “, ”, Halyna Hutchins, Joel Souza, “ Rust, armorer Hannah Gutierrez, Reed, Neama, Gutierrez, Rahmani, he's, ” Rahmani, Baldwin —, Lucien Haag, Kari Morrissey, Jason Lewis, Hutchins, David Halls Organizations: SANTA FE, — Prosecutors, Baldwin, West, Trial, NBC, FBI, Forensic Science Services Locations: SANTA, New Mexico, Santa Fe, Los Angeles, Southern California, Arizona, Malibu

[1/4] A view of the turbines at an offshore wind farm near Nysted, Denmark, September 4, 2023. Time is short: The EU has a legally binding goal to nearly double renewable sources as a share of total energy by 2030, to 42.5%, requiring a rapid expansion of offshore wind. But of the governments surveyed, only Britain and Poland said they had invested or budgeted for steps to improve the security of offshore infrastructure. It requires a lot of effort from the government side," said Mattia Cecchinato, senior adviser for offshore wind at WindEurope. It said it would establish a permanent coast guard base close to where offshore wind farms are planned.

Persons: Tom Little, Thomas Almegaard, Vladimir Putin, Mads Nipper, Orsted, Ewa Skoog Haslum, James Appathurai, Germany's RWE, Anitta, Mattia Cecchinato, Rasmus, Krzysztof Jaworski, Orsted's Errboe, Benjamin Mallet, Riham, Elizabeth Piper, Toby Sterling, Andrius Sytas, Marek Strzelecki, Sara Ledwith Organizations: REUTERS, Reuters, Baltic Seas, EU, NATO, NewNew, Sweden's, Soaring, Emerging, Research, Solutions, Internal, Fund, Military, Naval Operations Centre, Polish Navy, Thomson Locations: Nysted, Denmark, Europe, Baltic, Nord, Finland, Sweden, Estonia, Russian, Russia, NewNew Shipping, Netherlands, Britain, Poland, Germany, North, Swedish, Copenhagen, Moscow, Sofia, European, Anitta Hipper, Belgium, Norway, France, Lithuania, Latvia, Baltic . Poland, Paris, Berlin, London, Amsterdam, Vilnius, Warsaw

☆ Technip Energies shares plunge after Le Monde report on Russian gas project
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +3 min

Oct 19 (Reuters) - Technip Energies (TE.PA) shares plummeted on Thursday after French newspaper Le Monde said the oil and gas company may have failed to comply with European Union sanctions against Russia by continuing to supply equipment to a Russian gas project. Technip Energies said in a statement after its shares fell as much as 22% that it had always respected international sanctions and its contractual obligations regarding the Arctic LNG2 project in Russia. "Technip Energies has worked with the relevant authorities and has complied with sanctions gradually imposed by the European Union, the United States and Britain," it said. The equipment delivered by Technip involved two modules for the construction of a liquefaction train worth around 450 million euros, Le Monde said, citing Russian customs records, maritime data and satellite images. "$800 million of market cap came off, it's a very harsh response, and suggests the news scared investors out there," said the analyst, who spoke on condition of anonymity, referring to the Le Monde story.

Persons: Le Monde, Monde, Technip, China's CNPC, Piotr Lipinski, Nathan Vifflin, Benjamin Mallet, Silvia Aloisi, David Evans Organizations: Union, Russia, European Union, Le, Japan, Mitsui & Co, Thomson Locations: Russian, Russia, United States, Britain, Paris, EU, Ukraine, Gdansk

SANTA FE, N.M. (AP) — Special prosecutors are seeking to recharge actor Alec Baldwin in the fatal shooting of a cinematographer on the set of a Western movie in 2021, describing Tuesday their preparations to present new information to a grand jury. Political Cartoons View All 1211 ImagesAttorneys for Baldwin said the latest move by prosecutors is misguided. Special prosecutors initially dismissed an involuntary manslaughter charge against Baldwin in April, saying they were informed the gun might have been modified before the shooting and malfunctioned. The weapons supervisor on the movie set, Hannah Gutierrez-Reed, has pleaded not guilty to involuntary manslaughter and evidence tampering in the case. In the revived case against Baldwin, a grand jury would “determine whether probable cause exists to bind Baldwin over on criminal charges,” special prosecutors said.

Persons: Alec Baldwin, Kari Morrissey, Jason Lewis, they’ll, Halyna Hutchins, Baldwin, Joel Souza, “, ” Morrissey, Lewis, ” Baldwin, ”, Luke Nikas, Alex Spiro, Baldwin —, Lucien Haag, Hannah Gutierrez, Reed, “ Rust, David Halls, Hutchins, “ Rust ”, Matthew Hutchins, Andrew Dalton, Susan Montoya Bryan Organizations: SANTA FE, —, FBI, Forensic Science Services, Authorities, Associated Press Locations: SANTA, New Mexico, Santa Fe, Mexico, Arizona, Italian, Montana, Los Angeles, Albuquerque , New Mexico

☆ 8-year-old CEO got a $50,000 'Shark Tank' offer from two billionaires: 'I believe you're going to be a winner'
▼ + stars: | 2023-10-17 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

On Friday's episode, that kid was Gavin Batarse, an avid baseball player and the CEO of Glove Wrap. "Just place a ball in a glove and wrap it up with Glove Wrap. Some players wrap baseball gloves in rubber bands or stuff them under sofas. The potential market is large, spanning millions of kids and Major League Baseball players alike in the U.S. alone. The deal: $50,000 for a 22% equity stake in Glove Wraps.

Persons: Gavin Batarse, Jon, Morgan Batarse, Gavin, sofas, Gavin didn't, Mark Cuban, Michael Rubin, " Rubin, Still, Rubin, he'd, Cuban, Mark, Morgan, Gavin isn't, Sofi Overton, Lori Greiner, Daymond John, Barbara Corcoran Organizations: Baseball, Major League Baseball, Sporting Goods, Sharks, Wise, Products, Twitter, CNBC Locations: Orange County , California, U.S, Cuban

Cutouts depicting images of oil operations are seen outside a building of Venezuela's state oil company PDVSA in Caracas, Venezuela January 28, 2019. Separate talks between Maduro's envoys and the Venezuelan opposition are expected to follow in Mexico in the coming weeks, according to sources. Washington has been trying to encourage negotiations between Maduro and the political opposition over elections in Venezuela and other demands. The proposal included reframing oil sanctions on Venezuela by amending existing U.S. executive orders or issuing new ones so buyers in Europe and other regions could resume imports of Venezuelan oil in a structured, organized way. Chevron (CVX.N) has been allowed to expand operations in Venezuela and export its oil to the U.S. since November.

Persons: Carlos Garcia Rawlins, Nicolas Maduro, Maurel, PDVSA, Vivian Sequera, Mayela, Andrew Mills, Marianna Parraga, Matt Spetalnick, Benjamin Mallet, Marguerita Choy Organizations: REUTERS, Rights, U.S, U.S . State Department, White, Doha, Chevron, Eni, Mayela Armas, Thomson Locations: Caracas, Venezuela, Rights CARACAS, DOHA, HOUSTON, Mexico, Washington, Doha, Venezuelan, Maduro, U.S, Qatar, Iran, American, Europe, Houston, Diego Ore, Mexico City, Paris

☆ What Macron means when he says he wants to 'take back control' of French power prices
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +6 min

PARIS, Oct 4 (Reuters) - French President Emmanuel Macron said last week his government would "take back control" of electricity prices by the end of the year, without spelling out what steps he would take. "There is a point that is key for our competitiveness, and we will announce it in October, and that is to take back control of electricity prices," Macron said. "We'll be able to announce in October electricity prices that are in line with our competitiveness," he said, adding this would apply to households and businesses. However, French officials say Germany is undermining a traditional French strength due to fears cheap nuclear electricity could provide French businesses with a competitive advantage over German companies. Under the current system, called marginal pricing, European electricity prices are linked to the most expensive power producing asset.

Persons: Emmanuel Macron, Macron, We'll, Bruno Le Maire, Michel Rose, Elizabeth Pineau, Benjamin Mallet, Leigh Thomas, Forrest Crellin, Kate Abnett, Julia Payne, Mark Potter Organizations: Union, EDF, EU, European Commission, French Finance, Reuters, Thomson Locations: Ukraine, Paris, France, Brussels, Germany, Russia, Europe, Bulgaria, Croatia, Czechia, Hungary, Poland, Romania, Slovakia, Slovenia, Luxembourg, Austria, Spain

☆ A pair of sandals from the Stone Age reveals that ancient people were not immune to unfortunate fashion choices
▼ + stars: | 2023-09-30 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementIt appears dads could have been making fashion faux pas even since the Stone Age. The dating reveals evidence of basketry — the ancient craft of basket making — in hunter-gatherer communities in southern Europe during the Mesolithic period and the early Neolithic period when societies began to transition to agricultural ways of life. As to whether the sandals were rocked with socks — that fashion offense wouldn't appear until several millennia later.

Persons: —, Cueva, los, Francisco Martínez Sevilla, University of Alcalá, los Murciélagos Organizations: Service, University of Alcalá, Autonomous University of Barcelona, University of, Nike, Archaeological Museum Locations: Granada, Spain, Europe, Barcelona, Madrid

☆ TotalEnergies says will pay more to shareholders as oil, gas output rises
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Sept 27 (Reuters) - French energy goup TotalEnergies (TTEF.PA) said on Wednesday that it would increase returns to shareholders and planned to raise its oil and gas production by 2 to 3% per year over the next five years. The group said at an investor day that it expects to distribute about 44% of its cash flow to shareholders in 2023 and set a target of more than 40% beyond 2023. TotalEnergies also announced positive results at an exploration well in Namibia, to be confirmed by another flow test, and said further appraisal wells and prospects would be drilled. Analysts had said they were particularly keen to hear more about the French energy group's recent exploration activity offshore Namibia - which has no oil and gas output now but could become one of the top 15 oil producers by 2035.

Persons: Gonzalo Fuentes, TotalEnergies, Benjamin Mallet, Forrest Crellin, Sudip Kar, Gupta, Ingrid Melander, Emelia Sithole Organizations: La Defense, REUTERS, Rights, Thomson Locations: La, Paris, France, Namibia

☆ EDF swings back to profit in H1 thanks to price increases
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

Net income came in at 5.8 billion euros ($6.44 billion), compared to a loss of 5.3 billion in the first half of 2022. The earnings before interest, taxes, depreciation and amortization (EBITDA) reached 16.1 billion euros, from 2.7 billion euros a year earlier. Net debt rose slightly to 64.8 billion euros, from 64.5 billion euros at the end of 2022. The French state became the sole shareholder of the public utility after taking full control at the beginning of June. A government decision in 2022 to limit electricity price increases, as well as reduced power supply due to stress corrosion problems at several EDF reactors led to a record net loss of 18 billion euros in 2022.

Persons: Forrest Crellin, Benjamin Mallet, Silvia Aloisi Organizations: Electricite de, SA, PARIS, EDF, Thomson

☆ France to raise regulated household electricity prices by 10% from August
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

PARIS, July 18 (Reuters) - The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos. The 10% increase is much lower than the one proposed by the French Energy Regulatory Commission (CRE), which - based on current market prices - recommended an increase of 74.5%. In May, Finance Minister Bruno Le Maire said France's cap on electricity prices would be phased out and end at the end of next year. European electricity prices soared last year, mainly driven by the fallout from the war in Ukraine. France also saw record-low nuclear output as state-owned utility EDF (EDF.PA) repairs reactors affected by stress corrosion.

Persons: Les, ”, Bruno Le Maire, France's, Benjamin Mallet, Tassilo Hummel, Charlotte Van Campenhout, Jason Neely Organizations: French Energy Regulatory Commission, Finance, EDF, Thomson Locations: Europe, Ukraine, France

☆ TotalEnergies boss: 2024 U.S. election could cause energy shock
▼ + stars: | 2023-07-08 | by ( ) www.reuters.com time to read: +2 min

[1/2] Chairman and CEO of TotalEnergies Patrick Pouyanne speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File PhotoCompanies TotalEnergies SE FollowPARIS, July 8 (Reuters) - The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide to halt hydrocarbon exports, Patrick Pouyanné, the chief executive of French oil major TotalEnergies (TTEF.PA), said on Saturday. "The only thing that could happen, which is a major systemic risk, is that the Republicans decide to stop exporting ... At least 11 Republican candidates have announced that they will try to win their party's nomination to take on Democratic President Joe Biden in the November 2024 election. Pouyanné also said he expected a "sustainably high" oil barrel price due to the global shift towards cleaner sources of energy and the decrease in oil investments.

Persons: TotalEnergies Patrick Pouyanne, Hasnoor Hussain, Patrick Pouyanné, Pouyanne, Joe Biden, Biden, Pouyanné, Benjamin Mallet, Tassilo Hummel, Alison Williams Organizations: Energy Asia, REUTERS, U.S, Republican, Democratic, Strategic Petroleum Reserve, Thomson Locations: Kuala Lumpur, Malaysia, PARIS, Ukraine

☆ Exclusive: EDF CEO tells managers nuclear business to be reorganised
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

Companies Electricite de France SA FollowPARIS, June 29 (Reuters) - EDF CEO Luc Remont told managers on Thursday that the state-owned power group's nuclear activities would be reorganised to overcome recurring problems that cut production last year. Two sources said the division would be restructured and five executives charged with drawing up proposals, including nuclear park head Cedric Lewandowski, head of new nuclear projects Xavier Ursat and head of industrial quality Alain Tranzer. France is the region's largest exporter of power, but the outages cut 2022 nuclear power output to the lowest level since 1988. Remont told the group's top 300 managers that talks were still underway with the state and EU competition regulators about its existing and future nuclear activities, the source said. There's no need to wait for a final decision from the president's office," the source said after attending the meeting with managers.

Persons: Luc Remont, Cedric Lewandowski, Xavier Ursat, Alain Tranzer, Emmanuel Macron's, Remont, Elizabeth Pineau, Benjamin Mallet, Josephine Mason, Leigh Thomas, Jan Harvey Organizations: Electricite de, SA, PARIS, EDF, Reuters, French, Thomson Locations: France, EU, Paris, London

☆ I'm EY's global chairman and CEO. Here are the 3 most important lessons I've learned through my career.
▼ + stars: | 2023-06-03 | by ( Carmine Di Sibio | ) www.businessinsider.com time to read: +8 min

It's also when business graduates think about the positive impact they would like to make on the working world. Here are three lessons that are never too late for anyone to put into practice no matter where you are in your career. By day, I worked at Arthur Young — one of predecessor member firms of the EY organization. Recently the EY organization decided not to move forward with Project Everest. The views reflected in this article are the views of the author and do not necessarily reflect the views of the global EY organization or its member firms.

Persons: Carmine Di Sibio, Di Sibio, —, It's, EY, I've, Arthur Young —, we've, you'll Organizations: Service, NYU Stern, Technology, NYU, Microsoft, World

☆ A Lego Crime, a YouTube Rivalry, and the End of a Star Wars Friendship
▼ + stars: | 2023-05-21 | by ( David Kushner | ) www.businessinsider.com time to read: +30 min

Those who are into Lego Star Wars are among the most popular. It was at an informal contest where Louis met Victor, a fellow Lego Star Wars fanatic. Soon they ranked among the most popular Lego Star Wars YouTubers in France, known for the size and scope of their MOCs. The two friends no longer fit with that satisfying click that comes from snapping together two Lego bricks. Though it must have taken a truck to haul away all of Louis' Lego, no neighbor reported seeing anything suspicious.

Prior to Russia's invasion of Ukraine in February last year, Ukraine ran its nuclear reactors on Russian fuel, producing 55% of the country's electricity. Cameco, like Energoatom, can adjust how much uranium it delivers on two years' notice, Kotin said. Contracted uranium prices are typically higher than spot prices, meaning that Cameco may take a discount if Ukraine purchases less uranium due to the war's impact, Carter said. Kotin said Energoatom will buy Cameco's uranium at a price based equally on a fixed price and a market price. BIG POTENTIAL REWARDSWhile Ukraine will rely on Cameco for uranium, it has struck separate deals for further processing.

☆ TotalEnergies sheds Canadian oil sands, promises to reward shareholders
▼ + stars: | 2023-04-27 | by ( America Hernandez | ) www.reuters.com time to read: +2 min

TotalEnergies said its first-quarter adjusted net income fell 27% to $6.5 billion - in line with analyst expectations - due to lower energy prices. It also confirmed it expected net investments of $16-18 billion this year, including $5 billion for low-carbon energies. After European refining capacity was hampered by French strikes in the first quarter, TotalEnergies anticipates its facilities will ramp back up above 80%. TotalEnergies' share price was down around 1% in early trade, in line with falls across the sector and relatively weak oil prices . Analysts said its results were positive, as was the sale of carbon intensive oil sands given investors' focus on lower carbon energy.

☆ France's Macron signs contested pension bill into law
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +2 min

PARIS, April 15 (Reuters) - French President Emmanuel Macron has signed into law a bill to raise the state pension age that sparked mass protests, the government's official journal showed on Saturday. The proclamation of the law came after France's Constitutional Council on Friday approved the main pension-age increase and follows months of demonstrations against the plan, which the government forced through parliament without a final vote. Protesters gather in front of the Paris City Hall after the Constitutional Council (Conseil Constitutionnel) approved most of the French government's pension reform, in Paris, France, April 14, 2023. Francois Ruffin, a lawmaker from the left-wing LFI party, on Twitter accused the government of proclaiming the pension law "like thieves in the night". Opposition parties have tabled another bid for a citizens' referendum on the reform after the Constitutional Council on Friday rejected a first such proposal.

☆ Exclusive: EDF warns of 1 billion euro loss due to French strikes, reviews hiring - sources
▼ + stars: | 2023-04-13 | by ( Benjamin Mallet | ) www.reuters.com time to read: +2 min

PARIS, April 13 (Reuters) - French utility EDF (EDF.PA) has warned drawn-out strikes at its nuclear reactors and hydro-electricity plants have cost it 1 billion euros ($1.10 billion) in lost output and that it is reviewing hiring plans for the year, three sources said. An EDF spokesperson told Reuters that a moratorium had been imposed on hirings. It comes as EDF's new chief executive draws up a plan to ramp up nuclear production and lighten the group's heavy debt load. The group had originally planned to hire between 3,000 and 3,500 people in 2023, mostly in nuclear production and sales, one of the sources said. The group's net debt rose to 64.5 billion euros in 2022, up from 43 billion a year earlier.

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