Co-founders of the Elon GOAT token delivered the 12,000-pound sculpture to Tesla’s Austin headquarters, but the billionaire didn’t respond.... Read more »

As AbbVie’s Humira faces copycat biologics, the biggest beneficiaries will be the middlemen negotiating and dispensing the drugs such as Cigna and CVS.... Read more »

People planning for retirement need a game plan for required minimum distributions. Do it right, and they’ll keep more savings in their pockets—and less in the government’s.... Read more »

In response, major builders and developers are getting into the business, which was once dominated by mom-and-pop outfits.... Read more »

Some industry insiders warn of conflicts of interest as the American Institute of Certified Public Accountants balances a watchdog role with a “startup accelerator.”... Read more »

The cartel and its allies are due to make a big call on oil production next week, a day before expanded sanctions are set to strike Russia’s energy industry.... Read more »

Sam Bankman-Fried’s Washington charm offensive revolved around a small financial regulator and a group of senators with whom the purported crypto billionaire found common cause in a bid for light-touch regulation of digital assets.... Read more »

U.S. stocks have mounted a turnaround lately amid expectations the Federal Reserve could slow the pace of its rate increases as soon as December.... Read more »

Destination prewedding events can create all sorts of financial and psychological headaches for those invited.... Read more »

An effort to improve transparency by requiring machine-readable financial disclosures is raising hackles.... Read more »

Major stock indexes ended mixed, with trading subdued following Thursday’s Thanksgiving holiday.... Read more »

Yandex, whose Nasdaq-listed shares have been frozen since late February, is considering a split into broadly Russian and Western parts to resolve its geopolitical problems.... Read more »

Recommendations include cutting spending and refinancing their debt.... Read more »

More card loan growth is coming from people tapping their available lines. That could be a worry as the U.S. economy heads into uncertain territory.... Read more »

TSA projects that more than 2.5 million people could pass through U.S. airports Sunday.... Read more »

Before returning to Venezuela, Chevron must collect debt, repair equipment and bolster its workforce.... Read more »

Strong showing for “Glass Onion: A Knives Out Mystery” could bolster argument for some theatrical release for streamers’ movies.... Read more »

“Strange World,” the entertainment company’s latest release, becomes its second straight animated flop, after “Lightyear.”... Read more »

The sneaker giant said it would investigate workplace complaints, years after employees and business-unit leaders raised concerns to top executives in Germany, people familiar with the matter say.... Read more »

The oil giant shares a chunk of New Mexico land with mining companies, which makes drilling there a challenge.... Read more »

Stores on average welcomed more consumers compared with last year, industry data show.... Read more »

Blackouts have gotten longer and prices keep rising. Defenders say the company inherited a disaster after years of mismanagement and neglect.... Read more »

As AbbVie’s Humira faces copycat biologics, the biggest beneficiaries will be the middlemen negotiating and dispensing the drugs such as Cigna and CVS.... Read more »

Pandemic, war and other global disruptions have shown how the same complex supply chain that for decades has increased the variety and reduced the cost of food can also result in more turbulent prices.... Read more »

Supermarket chains are carrying more low-price staples and promoting prepared food while restaurants including Wendy’s and Papa John’s are promoting discounts.... Read more »

Most economists doubt China’s economy will return to the heady expansion of prepandemic days soon, if ever.... Read more »

Legal experts question whether unwinding the 2010 merger would address the problems raised by lawmakers and fans.... Read more »

Companies such as Walmart and Delta Air Lines and Maryland’s state government have reduced requirements for some positions and shifted their focus to skills.... Read more »

Sunday officially marks one month since the world's richest man took the helm at Twitter. The billionaire has seemingly left no stone unturned during his whirlwind first month as "Chief Twit." Here is a look at the range of ways Musk (who is still, simultaneously, CEO of his other companies... Read more »

Canadian banks are set to reveal how they're faring in the lead up to a possible recession as they report quarterly earnings this week. As central banks raise interest rates to slow inflation, economic fears have held bank stocks back compared with the overall market, so analysts will be looking... Read more »

Pretty much everyone hates Airbnb cleaning fees -- those pesky charges tacked on to your vacation rental bill that supposedly cover the costs to get the place ready for the next visitors. Travelers don't like the expense, and hosts don't like charging them, either.... Read more »

In cities across Europe, officials are wrestling with a choice as energy prices have gone up because of Russia's war in Ukraine: Dim Christmas lighting to send a message of energy conservation and solidarity with citizens squeezed by higher utility bills and inflation, while protecting public coffers.... Read more »

U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year's biggest shopping event on a strong note.... Read more »

A new report shows that rent for all property types across Canada jumped again, seeing an increase of 15.4 per cent over this time last year.... Read more »

Worker paycheques in the province that once led the country in wage growth have flatlined, but experts say the double whammy of inflation and labour shortages mean Alberta businesses are poised to face a reckoning on wages soon.... Read more »

Canadians hunting for Black Friday deals did so without facing long lines or crowded shopping malls this year, as an extended period of sales and decades-high inflation weighs on consumers and prompts some to rein in spending.... Read more »

Canada's main stock index was up at the close Friday with mixed results across sectors, while U.S. markets were also mixed with an early close.... Read more »

Which American companies have thrived or dived in a testing economy?... Read more »

That means thinking primarily about the people who are left behind... Read more »

But trouble could still lie ahead... Read more »

Private rocketeers reach for the sky... Read more »

Should companies divest, decouple—or double-down?... Read more »

The firm’s celebrity CEO isn’t the only superstar boss who won’t leave the stage... Read more »

It might be its riskiest business venture yet... Read more »

Never mind that the tournament hasn’t started yet... Read more »

The guardians of American capitalism too often fall for too-good-to-be true narratives... Read more »

Are any a suitable substitute?... Read more »

Jobs serving football fans are drawing them there... Read more »

After the turbocharged years, problems may be emerging for venture capitalists... Read more »

Can carmakers catch up with Tesla and pull off the shift to software?... Read more »

Will companies—and governments—listen?... Read more »

China's installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country's pursuit of green... Read more »

China successfully launched a new remote sensing satellite from the Xichang Satellite Launch Center in southwest China's Sichuan Province Sunday.... Read more »

China's meteorological authority on Sunday issued an orange alert for a cold wave, forecasting big temperature drops, sandstorms, rains, and snow... Read more »

A 30-year-old Frenchman is running 100 marathons in as many days to raise awareness of the carbon footprint left by major sporting events.... Read more »

Thousands of Kurds protested on Sunday in the Syrian city of Qamishli against Turkish cross-border strikes targeting Kurdish groups... Read more »

The death toll from an earthquake that hit Indonesia's island of Java this week has risen to 321 as rescuers found more bodies on Sunday, the... Read more »

The four legislators affiliated with city’s influential Macau Federation of Trade Unions (FTU) have urged the government must specify the terms and conditions in the gaming concession contracts, in order to protect local employment... Read more »

Costa Rica snatched a dramatic late winner against Japan on Sunday to blow their World Cup group wide open and ease the intense pressure... Read more »

Hundreds of people took to the streets in China's major cities on Sunday to protest against Covid lockdowns on Sunday. This comes after a deadly fire on Thursday in Urumqi, the capital of northwest China's Xinjiang region, led many social media users to blame lengthy Covid lockdowns for hampering rescue... Read more »

Bangladesh's main military intelligence agency has charged the leader of a Rohingya insurgent group and more than 60 others over the murder... Read more »

Local architects Rui Leão and Carlotta Bruni have been distinguished with an award for innovation in construction from UNESCO regarding a service building located in the city’s historic centre. The building – the M30 Integrated Infrastructure for Power Supply and Waste Collection – was distinguished with the award for New... Read more »

Greece has opened a probe into one of the country's best-known child charities after numerous claims of alleged abuse and financial mismanagemen... Read more »

FIFA has opened disciplinary proceedings against the Serbian football federation after the team hung a controversial flag depicting Kosovo in their... Read more »

An Iranian rapper who expressed support for anti-regime protests is charged with "corruption on earth" and could face the death penalty, judicial... Read more »

In honour of her victory as the first woman and first American to win the world’s largest sailing race, the Barcolana 54, philanthropist Wendy Schmidt announced today she will support the educational outreach and conservation activities of the Marine Biodiversity…... Read more »

Sir Robin Knox-Johnston, the first man to sail solo non-stop around the Globe, has accepted the appointment of President of the International Association of Cape Horners. In addition, the French solo sailing legend Jean-Luc van den Heede has accepted the…... Read more »

BreakingNews.ie reports that two bodies have been recovered from waterways in Co Clare over the weekend following in two separate incidents. In Ennis, a body was recovered from the River Fergus on Saturday afternoon (26 November) after it was found…... Read more »

A community-led renewable energy project on Kerry’s Valentia island which is seeking to build a floating offshore wind farm has applied for permission to conduct site investigations. The Valentia Island Energy Ltd Project states in its application that it recognises…... Read more »

President Michael D. Higgins was among the 160 guests at an event held in Cork Harbour on Friday to launch the European Union’s Mission to protect and restore ocean and inland waters in the Atlantic and Arctic regions by 2030.…... Read more »

The North Sea port of Aberdeen, Scotland is to host the Tall Ships event again, it has been announced. Aberdeen writes BBC News have been chosen for the venue in 2025 having hosted the prestigious event twice, firstly in 1991 and…... Read more »

Being a competitive sailor, I love to compete and especially love a win here and there! And so when I heard that our town had won the best town award from the Academy of Urbanism, I was delighted. We all…... Read more »

A marina pontoon and several small craft berthed at Dingle Harbour in County Kerry were damaged on Saturday, November 26th, by a trawler manoeuvring in the harbour. Local reports say the visiting trawler was reversing at the time of the…... Read more »

Friday night into Saturday’s early hours, The Memorial ACTe, Pointe-à-Pitre’s proud, a giant structure dedicated to the history, heritage and memories of the Caribbean slave trade saw the busiest spell yet of finishers completing the 12th edition of the Route…... Read more »

What do keen big boat and dinghy racers do when they want a rest from the usual inshore and offshore circuits? On the North Down coast, they gather twice a week with their one-design radio-controlled model yachts either in Groomsport…... Read more »

Extreme adventurer Mike Horn has shared his enthusiasm at opening this year’s Paris Boat Show next weekend. As previously noted on Afloat.ie, nearly 170,000 visitors are expected to meet the 650 exhibitors spread over two halls at Porte de Versailles…... Read more »

Earlier this month, a privileged view were treated to the latest on X-Yachts’ new Xc cruiser when the doors of its Haderslev HQ were opened for exclusive tours. Now the Danish yachting specialists have revealed to the world further details…... Read more »

Mercury levels of fish and shellfish landed by fishing boats at Irish ports are low and well within EU guidelines for human consumption, as underscored by a recent briefing from UCD’s Institute of Food and Health. However, as Derek Evans…... Read more »

Loughs Agency’s 'Water Warriors' events took place this week in the Foyle and Carlingford catchment areas. The events, which form part of the Agency’s Foyle & Carlingford Ambassador Programmes, attracted hundreds of post-primary pupils to partake in a 'fully immersive'…... Read more »

EIOPA consults on cyber component in its insurance stress testing framework The European Insurance and Occupational Pensions Authority (EIOPA) published today a Discussion Paper on Methodological Principles of Insurance Stress Testing with focus on Cyber Risk . This discussion paper contains a set of theoretical and practical approaches to support... Read more »

EIOPA underlines its commitment to supporting the insurance and pensions sectors in tackling climate change As the 2022 United Nations Climate Change Conference (COP27) draws to a close, the European Insurance and Occupational Pensions Authority underlines its commitment to supporting the insurance and pensions sectors in tackling climate change. Greening... Read more »

ESAs launch joint Call for Evidence on greenwashing The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published a Call for Evidence on greenwashing to gather input from stakeholders on how to understand the key features, drivers and risks associated with greenwashing and to collect examples of... Read more »

EIOPA issues staff papers related to the Insurance Recovery and Resolution Directive (IRRD) proposal The European Insurance and Occupational Pensions Authority (EIOPA) published today two staff papers to provide more clarity on recovery and resolution in insurance and thereby support a better understanding of the topic among stakeholders. The papers... Read more »

EIOPA publishes monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures – end-October 2022 Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk-free interest rate term structures (RFR) with reference to the end of October 2022. RFR technical information... Read more »

Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-October 2022 The European Insurance and Occupational Pensions Authority (EIOPA) has published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end of October 2022.... Read more »

Risk Dashboard indicates overall resilience among insurers even amid high macro and market risks The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on Solvency II data from the second quarter of 2022. The results show that insurers’ exposures to macro and market risks are... Read more »

EIOPA issues its methodology for assessing value for money in the unit-linked market The European Insurance and Occupational Pensions Authority (EIOPA) published today its methodology for assesing value for money in the unit-linked market. The methodology outlines a common European approach on how to identify unit-linked products which may offer... Read more »

Introductory statement of Petra Hielkema at hearing of the ECON Committee Today Petra Hielkema, Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA), participated in the annual hearing of the Economic and Monetary Affairs Committee of the European Parliament. In her introductory statement, Ms Hielkema underlined the vital role... Read more »

EIOPA evaluates progress on supervising the propriety of (re)insurers’ administrative, management and supervisory body members and qualifying shareholders The European Insurance and Occupational Pensions Authority (EIOPA) published today a follow-up report to the 2019 peer review on the propriety assessment of administrative, management and supervisory body (AMSB) members and qualifying... Read more »

EIOPA publishes monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures – end-September 2022 Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk-free interest rate term structures (RFR) with reference to the end of September 2022 . RFR technical... Read more »

Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-September 2022 The European Insurance and Occupational Pensions Authority (EIOPA) has published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end of September 2022.... Read more »

EIOPA calls for better value for money in bancassurance in warning to banks and insurers The European Insurance and Occupational Pensions Authority (EIOPA) has today issued a warning to insurers and banks to address consumer protection issues related to sale of credit protection insurance (CPI) products. In its warning, EIOPA... Read more »

ESAs propose disclosures for fossil gas and nuclear energy investments The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have today delivered to the European Commission (EC) their Final Report with draft Regulatory Technical Standards (RTS) regarding the disclosure of financial products’ exposure to investments in fossil gas... Read more »

<p>Australia, retail trade for October: -0.2% </p><ul><li>survey +0.5%</li><li>prior +0.6%</li><li>for the y/y, +12.5% compared with October 2021</li></ul><p>Very weak data for retail sales in October. Higher interest rates will go some way as an explanation. Falling house prices (wealth effect) too.</p><p>Earlier today we had the Reserve Bank of Australia Governor Lowe saying... Read more »

<p>Offshore yuan has dropped, the USD is bid on the news out of China.</p><p class="text-align-start vertical-align-baseline">As I posted the early indications here:</p><ul><li><a href="https://www.forexlive.com/news/monday-morning-open-levels-indicative-forex-rates-28-november-2022-20221127/" rel="follow" target="_blank" data-article-link="true" class="article-link">Monday morning open levels - indicative forex rates - 28 November 2022</a></li></ul><p class="text-align-start vertical-align-baseline">The USD is firmer, with yen not too far behind due... Read more »

<p>On Saturday the US Treasury Department said it had authorized Chevron to resume "natural resource extraction operations." </p><p>Chevron may now resume activity in its oil fields alongside a joint venture with the Venezuelan national oil company, Petroleos de Venezuela SA.</p><p>Chevron had been banned from pumping due to US sanctions against... Read more »

<p>Chancellor Jeremy Hunt in a statement. Outlined the new scheme. </p><ul><li>to run from early 2023 until March 2026</li><li>target is to reduce energy consumption by 15% by 2030</li><li>"Our new ECO+ scheme will help hundreds of thousands of people across the UK to better insulate their homes to reduce consumption, with the... Read more »

<p>From Reserve Bank of Australia Governor Lowe, his appearance before the Australian parliament&apos;s Senate Economics Legislation Committee (Additional Budget Estimates).</p><ul><li> Worries about housing supply as population grows</li><li>Expect to see rising rental pressure over next year</li><li>Demand too strong relative to supply</li><li>Unsure about labor market, price response to supply shock</li><li>Fiscal policy has... Read more »

<p class="text-align-start vertical-align-baseline">As I posted the early indications here:</p><ul><li><a href="https://www.forexlive.com/news/monday-morning-open-levels-indicative-forex-rates-28-november-2022-20221127/" rel="follow" target="_blank" data-article-link="true" class="article-link">Monday morning open levels - indicative forex rates - 28 November 2022</a></li></ul><p class="text-align-start vertical-align-baseline">The USD is firmer, with yen not too far behind due to China news over the weekend:</p><ul><li><a href="https://www.forexlive.com/news/covid-protests-erupt-across-china-step-down-xi-jinping-step-down-communist-party-20221127/" rel="follow" target="_blank" data-article-link="true" class="article-link">COVID - Protests... Read more »

<p>An announcement from the US Federal Communications Commission on Friday. Its banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “an unacceptable risk” to US national security.</p><p>Also halted the sale or import of equipment made by China’s surveillance equipment maker Dahua Technology, video surveillance... Read more »

<p>Iraq&apos;s OPEC delegate Mohammed Saadoon, also a deputy director general of the state-run oil <a href="https://www.forexlive.com/terms/m/marketing/" target="_blank" id="f9648342-4d55-4fb9-bf73-3bb3e8a4d846_1" class="terms__main-term">marketing</a> company (SOMO) made the remarks during an interview on state-run Iraqiya TV.</p><ul><li>export capacity from southern ports is due to increase between 150,000-250,000 barrels a day from next year</li></ul><ul><li>plans to add a... Read more »

<p>The talks have been ponderously rolling along for months and of course the more that gets resolved the more we move closer to the real gnarly issues that are difficult to reach agreement upon. </p><p>The price is now the main obstacle to an agreement. Poland and Baltic nations want the... Read more »

<p>I posted the early indications here:</p><ul><li><a href="https://www.forexlive.com/news/monday-morning-open-levels-indicative-forex-rates-28-november-2022-20221127/" target="_blank" data-article-link="true">Monday morning open levels - indicative forex rates - 28 November 2022</a></li></ul><p>The USD is firmer, with yen not too far behind due to China news over the weekend:</p><ul><li><a href="https://www.forexlive.com/news/covid-protests-erupt-across-china-step-down-xi-jinping-step-down-communist-party-20221127/" target="_blank" data-article-link="true">COVID - Protests erupt across China: "Step down, Xi Jinping! Step down,... Read more »

<p>Due from 10am local time, which is 2300 GMT, RBA Governor Lowe is speaking. </p><p>The next RBA meeting is December 6. A +25bp rate hike is expected. The RBA has recently stepped down from its series of +50bp rate hikes despite the latest data on inflation showing its still surging... Read more »

<p>I posted the early FX rates here:</p><p><a href="https://www.forexlive.com/news/monday-morning-open-levels-indicative-forex-rates-28-november-2022-20221127/" target="_blank" data-article-link="true">Monday morning open levels - indicative forex rates - 28 November 2022</a></p><p>The USD is up (risk sentiment is shaky) on the news out of China over the weekend on widespread protests over the Chinese Communist Party&apos;s (mis) management of COVID policy.... Read more »

<ul><li>MON: Australian Retail Sales (Oct), EZ M3 (Oct), Japanese Unemployment (Oct), Retail Sales (Oct)</li><li>TUE: Swiss GDP (Q3), EZ Consumer Confidence Final (Nov), German CPI Prelim. (Nov), US Monthly Home Price (Sep)</li><li>WED: Chinese NBS PMIs (Nov), German Import Prices (Oct), Swiss KOF (Nov), German Unemployment (Nov), EZ CPI Flash (Nov), US... Read more »

<p>Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week!On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online.As usual for an early Asia Monday morning, prices are liable to swing around on... Read more »