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UK’s Crest Nicholson says Bellway’s revised proposal undervalues group

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Yen falls after dovish BOJ; euro limps towards weekly loss

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Amazon adds $230 million in cloud credits to AI startups

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Musk says Tesla shareholders voting yes for his $56 billion pay package

Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say
Date: June 13, 2024
Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say By Florence Tan, Jonathan Saul and Yantoultra Ngui SINGAPORE/LONDON (Reuters) -Singapore’s Temasek Holdings is finalising the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming...

Czech billionaire bets on lotteries for growth
Date: June 13, 2024
Czech billionaire bets on lotteries for growth By Michael Kahn PRAGUE (Reuters) – A Czech billionaire who turned a regional energy company into a global business empire after the fall of the Berlin Wall is now betting on selling lottery tickets in places like Chicago and London to drive international growth. Karel Komarek, the second-richest...

Oil slips on US growth worries, ample crude supply
Date: June 13, 2024
Oil slips on US growth worries, ample crude supply By Georgina McCartney (Reuters) – Oil prices fell in early trade on Thursday, as investors digested that the U.S. Federal Reserve had likely pushed back a possible interest rate cut to December, while ample U.S. crude and fuel stocks also weighed on the market. Brent crude...

UK housing market falters as rate cut hopes fade, RICS survey shows
Date: June 13, 2024
UK housing market falters as rate cut hopes fade, RICS survey shows By Andy Bruce (Reuters) – Britain’s housing market lost momentum in May as the prospect of imminent rate cuts by the Bank of England faded, spurring a drop in buyer demand and house prices, a survey showed on Thursday. The Royal Institution of...

German government plans supplementary budget for 2024, Bild says
Date: June 13, 2024
German government plans supplementary budget for 2024, Bild says BERLIN (Reuters) – The German government is planning a supplementary budget for the current year with up to 11 billion euros ($11.89 billion) in additional borrowing while respecting the debt brake, newspaper Bild said on Thursday, citing government sources. The ministry of finance informed budget politicians...

Virgin Galactic announces reverse stock split
Date: June 13, 2024
Virgin Galactic announces reverse stock split (Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in extended trading. The stock split is expected to go into effect on June 14 after markets close and resume trading on a split-adjusted basis after markets open on June...
