Hong Kong/London CNN — Shell made a document revenue of virtually $40 billion in 2022, greater than double what it raked within the earlier 12 months after oil and fuel costs soared following Russia’s invasion of Ukraine. Europe’s largest oil firm by income reported adjusted full-year earnings of $39.9 billion on Thursday — greater than … Read more
A model of this story first appeared in CNN Enterprise’ Earlier than the Bell publication. Not a subscriber? You may join proper right here. You may hearken to an audio model of the publication by clicking the identical hyperlink. New York CNN — Buyers are fairly dangerous at dwelling within the second. We’re at present within … Read more
Islamabad, Pakistan CNN — A nationwide energy outage in Pakistan left practically 220 million folks with out electrical energy on Monday, threatening to trigger havoc within the South Asian nation already grappling with gasoline shortages within the winter months. The nation’s Ministry of Vitality mentioned in an announcement the nation’s Nationwide Grid went down at … Read more
Minneapolis CNN — For the primary time in practically three years, inflation fell on a month-to-month foundation. Shopper costs decreased by 0.1% in December, the Bureau of Labor Statistics reported Thursday in its Shopper Worth Index. The final time costs had been decrease than the earlier month was Might 2020. The carefully watched inflation gauge … Read more
CNN — A lot of California can’t take in one other drop of rain. But the state is getting pummeled once more with torrential downpours and ferocious winds, inflicting energy outages and treacherous journey situations. Greater than 34 million Californians had been beneath a flood watch Monday – about 90% of the state’s inhabitants and … Read more
New York CNN — It’s been a tricky 12 months for US customers, who battled decades-high inflation for almost all of the 12 months and even noticed gasoline costs hit $5 in June. The newest inflation information, not adjusted for seasonal swings, reveals worth hikes have now slowed to 7.1% for the 12 months via … Read more
London CNN — The worldwide economic system has endured a troublesome yr, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing prices at an unprecedented clip to convey it underneath management. Their marketing campaign to handle costs could also be working — however probably at a large value in 2023. “It’s … Read more
CNN — The NFL’s Tennessee Titans delayed its scheduled midday CT recreation by an hour because of rolling blackouts within the area, which have since ended, stemming from the winter storm and brutal chilly. “Because of the excessive climate and energy outages affecting our area, kickoff for at present’s recreation has been postponed one hour … Read more
CNN — The NFL’s Tennessee Titans delayed its scheduled midday CT recreation by an hour resulting from rolling blackouts within the area, which have since ended, stemming from the winter storm and brutal chilly. “Because of the excessive climate and energy outages affecting our area, kickoff for as we speak’s recreation has been postponed one … Read more
CNN — The large winter storm battering the US with plunging temperatures coast-to-coast has left 1000’s with out energy and prompted greater than a dozen governors to create emergency response plans forward of Christmas weekend. The storm – effectively on its technique to changing into even stronger Friday – has delivered heavy snow and ice, … Read more