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☆ Vijlbrief: Would only use Groningen gas in an absolute emergency
▼ + stars: | 2022-11-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVijlbrief: Would only use Groningen gas in an absolute emergencyHans Vijlbrief, state secretary for the extractive industries for the Netherlands, discusses the shutdown of the Groningen gas field and trajectory for next winter's gas supplies.

☆ Spanish banks mull legal challenge to bank tax proposal
▼ + stars: | 2022-11-28 | by ( Jesús Aguado | ) www.reuters.com time to read: +2 min

MADRID, Nov 28 (Reuters) - Spanish banks Bankinter (BKT.MC) and Caixabank (CABK.MC) are considering challenging the government's new banking tax proposal in court, executives from the lenders said on Monday. An amended windfall tax proposal for Spanish banks and large energy companies last week cleared its first hurdle in parliament with the backing of the leftist ruling coalition and several regional parties. Earlier this month, the banking tax was amended to impose levies on the local units of foreign lenders after the ECB said the proposal would distort competition. Any potential legal challenge from the sector against the government would constitute an unprecedented legal move. BBVA's (BBVA.MC) Chief Executive Onur Genc said his bank would analyse the implications of the bank tax proposal and "we will decide in due time whether to appeal it".

☆ Russian McDonald's successor solves franchise problem as more outlets join
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +1 min

Vkusno & tochka ("Tasty and that's it") restaurants started opening in June. "As of Dec. 1, Razvitie Rost enterprises will continue their work in Russia under the Vkusno & tochka brand," Rosinter said in a statement. Rosinter's restaurants, at train stations and airports in Moscow and St Petersburg, continued operating without McDonald's signs, which were covered up. Reuters found some McDonald's packaging still in use after the closure. Reporting by Olga Popova, Caleb Davis and Alexander Marrow; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.

Patrick Pleul/Getty Images; Vicky Leta/InsiderLate Thursday, Elon Musk began his much-anticipated mass layoffs at Twitter. The layoffs are part of a new culture that Musk has unleashed at the company. But now, this person said, the company's new workaholic culture is "psychologically unsafe" and has "Elon's stamp all over it." How Gen Z is shaping the workplace. They're happier, they have a lot more confidence, and they feel like they're able to conquer a lot more than before."

☆ Clocks turn back this weekend, but the future of daylight saving time is far from settled
▼ + stars: | 2022-10-31 | by ( Aria Bendix | Aria Bendix Is The Breaking Health Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

ET on Sunday, clocks in the U.S. will turn back one hour as daylight saving time ends, marking the beginning of winter's dark evenings. Sleep experts don't support year-round daylight saving timeIdeally, the sun should reach its highest point at noon, according to sleep experts. Then at night, daylight saving can lead people to go to bed later, which can delay the body’s production of melatonin. These cumulative health risks likely influenced Mexico’s Senate vote last week to eliminate daylight saving time there. The original argument for delaying daylight doesn't hold upThe U.S. first adopted daylight saving time in 1918 to save oil and electricity during World War I.

☆ Global COVID cases will increase in coming months, but at a slower pace, analysis says
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

Oct 25 (Reuters) - Daily global COVID-19 infections are projected to rise slowly to about 18.7 million by February from the current 16.7 million aveage daily cases, driven by the northern hemisphere's winter months, the University of Washington said in an analysis. The increase in cases is not expected to cause a surge in deaths, the University of Washington's Institute for Health Metrics and Evaluation (IHME) said. It forecast that global daily deaths would average 2,748 people on Feb. 1, compared with around 1,660 currently. IHME estimates that daily infections in the United States will increase by a third to more than a million, driven by students back in schools and cold weather-related indoor gatherings. A rapid increase in hospital admissions in Germany – the highest since the COVID outbreak in 2020 - remains an area of concern, it said.

☆ Global COVID cases will increase in coming months, but at a slower pace -report
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

Oct 25 (Reuters) - Daily global COVID-19 infections are projected to rise slowly to about 18.7 million by February from the current 16.7 million aveage daily cases, driven by the northern hemisphere's winter months, the University of Washington said in an analysis. The increase in cases is not expected to cause a surge in deaths, the University of Washington's Institute for Health Metrics and Evaluation (IHME) said. It forecast that global daily deaths would average 2,748 people on Feb. 1, compared with around 1,660 currently. A surge in Germany has peaked already, it said in its report on Oct. 24. A rapid increase in hospital admissions in Germany – the highest since the COVID outbreak in 2020 - remains an area of concern, it said.

☆ U.S. home heating bills expected to surge this winter -EIA
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

Nearly half of U.S. households rely on natural gas for heat, with the average winter heating cost expected to rise to $931, up by 28% from last year, EIA said. The average cost to heat a home with gas last winter was $724, far cheaper than other major sources of heat. It is more expensive than gas at an estimated $1,359 per household this winter - but that is just a 10% increase from last winter. Homes that rely on heating oil are concentrated in the Northeast, while the biggest propane users are in the Midwest. That compares with last winter's residential costs of $13.02/mcf for gas, $2.30-3.33 per gallon for propane, 14.0 cents per kWh of electricity and $3.90 per gallon for heating oil.

☆ Jennifer Lawrence returns to indie roots with post-hiatus 'Causeway'
▼ + stars: | 2022-10-08 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

LONDON, Oct 8 (Reuters) - Oscar-winner Jennifer Lawrence plays a soldier struggling with PTSD and past trauma in "Causeway", an indie drama which also marks the Hollywood star’s debut as a producer. The film sees Lawrence's character, Lynsey, returning from Afghanistan with a debilitating brain injury sustained in an attack. Cast member Jennifer Lawrence attends the world premiere of "Causeway" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 10, 2022. REUTERS/Mark Blinch"So I felt adamant that I really, really want to make this. Register now for FREE unlimited access to Reuters.com RegisterReporting by Hanna Rantala; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Winter's approach sets the clock ticking for Ukraine and Russia
▼ + stars: | 2022-09-25 | by ( ) www.cnbc.com time to read: +6 min

A destroyed Russian tank is seen as Ukrainian serviceman rides a tractor and tows a Russian military vehicle, amid Russia's invasion on Ukraine, near the village of Dolyna in Kharkiv region, Ukraine September 23, 2022. Russia, meanwhile, pressed on with its call-up of hundreds of thousands of men to throw into the seven-month war, seeking to reverse its recent losses. The Russian mobilization — its first such call-up since World War II — is sparking protests in Russian cities, with fresh demonstrations Sunday. It is also opening splits in Europe about whether fighting-age Russian men fleeing in droves should be welcomed or turned away. For Ukrainian and Russian military planners, the clock is ticking, with the approach of winter expected to make fighting more complicated.

Another key alumina supply channel was shut off by the closure, also in March, of the Nikolaev refinery in Ukraine. CONTINUED METAL FLOWSCertainly, the flow of Russian metal into Western markets has been robust since march. That extreme premium sucked in every spare unit of aluminium, including a lot of surplus Russian metal. A partial boycott will coincide with increased Russian supply as Rusal's domestic market weakens further under the broader economic sanctions package. You can understand why the aluminium market is starting to worry about the prospect of large volumes of unsold Russian metal being dumped into LME warehouses.

☆ Covid testing providers scale back despite worries of another winter surge
▼ + stars: | 2022-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | Shannon Pettypiece | ) www.nbcnews.com time to read: +9 min

“There are definitely manufacturers stepping back without full confidence there will be a government or any market for Covid tests,” said Aspinall. Companies making Covid tests, equipment and supplies have also seen a hefty drop in Covid-related sales. The Biden administration had aimed to provide some stability to the Covid testing market by purchasing a steady supply of Covid tests to send to Americans for free. But Congress has failed to pass a Covid spending package that included $2 billion for testing, and last month the White House said it was ending its free Covid testing program. Abbott saw its Covid testing revenue decline by 29% in the most recent quarter, though its sales nearly doubled over the past year.

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