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JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Spanish hospital enlists therapy dogs to boost ICU patients' morale: Joel Bueno shed tears of joy as his four-legged guests entered the intensive care unit where ...
reuters.com/business/healthcare-pharmaceuticals/spanish-hospital-enlists-therapy-dogs-boost-icu-patients-morale-2024-04-19/
BREAKING: The United States effectively stopped the United Nations from recognizing a Palestinian state by casting a veto in the Security Council to deny the ...
reut.rs/3U2pduU
Quick Glance: US Blocks UN Resolution for Palestinian Full Membership
- In the Security Council, 12 countries voted for a UN resolution recommending full Palestinian membership, with the US opposing and two countries abstaining.
- The US argued that Palestinian membership should result from negotiations between Israel and Palestinians to enable a two-state solution.
- The Palestinian delegation emphasized that UN membership is a crucial step for peace in the region and criticized the Israeli government for its rejection.
- Israel rejected the resolution and warned of its potential impact on future dialogues, especially in light of the recent escalation of violence in Gaza.
Israel Gaza: US again warns against Rafah offensive: Benjamin Netanyahu's representatives have agreed to take US concerns "into account", the White House says.
bbc.com/news/world-middle-east-68851986
Bloody Sunday: No perjury charges against former soldiers: The Public Prosecution Service has been investigating fifteen former soldiers and an alleged former ...
bbc.com/news/uk-northern-ireland-68854561
Can AI help solve Japan’s labour shortages?: Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.
bbc.com/news/business-68225115
Dutch privacy watchdog recommends government organisations stop using Facebook: The Dutch privacy watchdog AP on Friday said it was recommending that government ...
reuters.com/world/europe/dutch-privacy-watchdog-recommends-government-organisations-stop-using-facebook-2024-04-19/
India’s Lok Sabha Election Live: The world’s biggest democracy goes to the polls: Elections to India's lower house of parliament, the Lok Sabha ...
reut.rs/3U7QKea
Two arrested in Poland over attack on Navalny ally Leonid Volkov: Leonid Volkov was hospitalised and his arm broken in the attack outside his Lithuanian home in ...
bbc.com/news/world-europe-68854314
Quick Glance: Suspects Arrested in Poland After Attack on Navalny Ally Volkov
- Two individuals were detained in Poland on suspicion of attacking Leonid Volkov, an exiled associate of the late Russian opposition figure Alexei Navalny, as stated by the Lithuanian President on Friday.
- Volkov, who has been living in exile since Moscow labeled Navalny's organizations as 'extremist' in 2021, was assaulted with a hammer outside his residence in Vilnius, Lithuania, resulting in a broken arm in mid-March.
- The alleged attackers have been apprehended in Poland and are set to be transferred to Lithuania after the conclusion of legal proceedings, according to statements made by the Lithuanian President to reporters.
- Expressing gratitude, the Lithuanian President commended the Republic of Poland for its exceptional work and the outstanding collaboration in relation to this incident.
Podcast: Israel’s retaliation, Ukraine’s weapons and your brain, your business: Israel strikes Iranian targets, but Tehran is signalling it will not respond.
reuters.com/podcasts/podcast-israels-retaliation-ukraines-weapons-your-brain-your-business-2024-04-19/
Netflix slips after stopping subscriber tally report, downbeat Q2 revenue forecast
reuters.com/technology/netflix-slips-after-stopping-subscriber-tally-report-downbeat-q2-revenue-2024-04-19/
Quick Glance: Netflix to Cease Reporting Subscriber Numbers from 2025
- Netflix will no longer report subscriber numbers starting from the first quarter of 2025. The announcement came with the first quarter 2024 results where Netflix exceeded expectations.
- Despite the success in the first quarter, Netflix shares dropped over 4.5% after-hours upon revealing the decision to stop reporting quarterly subscriber totals.
- The choice to discontinue reporting quarterly membership numbers or average revenue per member is based on Netflix's belief that engagement time is the best indicator of customer satisfaction.
- Netflix plans to announce major subscriber milestones but will halt reporting quarterly subscriber numbers and shift investor focus towards time-spent-viewing metrics.
The war between Israel and Iran has come out of the shadows, Jeremy Bowen writes: Whatever happens next, the rules of the "the game" between the two countries ...
bbc.com/news/world-middle-east-68853403
FERC to unveil US power grid reform on May 13: The U.S. Federal Energy Regulatory Commission (FERC) will announce on May 13 its plan to speed up the development ...
reuters.com/business/energy/ferc-unveil-us-power-grid-reform-may-13-2024-04-19/
UAW hopeful of watershed union victory at Volkswagen Tennessee factory: The United Auto Workers is counting on scoring a seismic victory at Volkswagen's ...
reuters.com/business/autos-transportation/uaw-hopeful-watershed-union-victory-volkswagen-tennessee-factory-2024-04-19/
Quick Glance: Historic Vote at Volkswagen Plant in Tennessee
- This week, 4,300 hourly workers at a Volkswagen plant in Chattanooga, Tennessee, are voting on whether to join the United Auto Workers union.
- The significance of this vote lies in the potential shift in union dynamics in the South, with the UAW launching a strong campaign to penetrate non-union auto factories in the region.
- The outcome of this vote could either significantly strengthen or hinder the union, with the UAW needing a majority of yes votes to win.
- Southern politicians warn of job losses if unionization occurs in the region, while Volkswagen emphasizes respecting employees' right to choose and its substantial investments in the plant.
Wall St sees more pain ahead for US mid-sized lenders after dull Q1: U.S. mid-sized banks' profits would remain under pressure for most of 2024 ...
reuters.com/business/finance/fifth-third-bancorps-quarterly-profit-falls-lower-interest-income-2024-04-19/
US State Dept 'fully expects' to finalize new AUKUS trade exemptions in next 120 days
reut.rs/449K2Ja
Crypto fans count down to bitcoin's 'halving': Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's ...
reut.rs/3JonF9l
Morning Bid: Mideast flare-up spooks markets: A look at the day ahead in European and global markets from Tom Westbrook:
reuters.com/markets/europe/global-markets-view-europe-2024-04-19/
Nigerian airstrike killed 33 villagers during Eid, witnesses say: An airstrike on a village in Nigeria's northwestern Zamfara state killed at least 33 people ...
reuters.com/world/africa/nigerian-airstrike-killed-33-villagers-during-eid-witnesses-say-2024-04-19/
Global equity funds see surge in outflows as rate cut hopes fade: Global equity funds saw a jump in outflows in the seven days through April 17 as speculation ...
reuters.com/markets/global-markets-flows-graphic-pix-2024-04-19/
Three Russians parachute from stratosphere to North Pole: Three Russians set a world record for parachuting from the Earth's stratosphere to the North Pole last ...
reut.rs/3JrUMtc
Chinese carmaker Chery says Spain to be among its main exporting plants: Chinese carmaker Chery (CHERY.UL) said on Friday its newly-acquired Barcelona plant will ...
reuters.com/business/autos-transportation/chinese-carmaker-chery-says-spanish-plant-be-among-main-export-facilities-2024-04-19/
China's aviation regulator said it had opened new air routes to the Chinese cities of Xiamen and Fuzhou with flight paths situated very close to the ...
reut.rs/3w1Y3w7
Fossils of colossal snake Vasuki unearthed in India mine: Fossil vertebrae unearthed in a lignite mine are the remains of one of the largest snakes that ever ...
reuters.com/science/fossils-colossal-snake-vasuki-unearthed-india-mine-2024-04-18/
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
The world's coral reefs are bleaching. What does that mean?: Huge stretches of coral reef around the world are turning a ghostly white this year amid record warm ...
reuters.com/business/environment/worlds-coral-reefs-are-bleaching-what-does-that-mean-2024-04-15/
🔊 The headlines from Reuters World News podcast:
-India votes in world’s biggest election
-Jurors sworn in for Trump’s hush-money trial
-More than 100 ...
reut.rs/3xF7X7j
Peter Murrell charged with embezzlement in SNP finance probe: The husband of Nicola Sturgeon had been re-arrested in connection with the SNP finances ...
bbc.com/news/uk-scotland-68850088
Quick Glance: Police Investigation into SNP Finances: Key Updates
- On Thursday, the re-arrest of Peter Murrell, the husband of Nicola Sturgeon, took place as part of the police investigation into the SNP’s finances.
- Murrell, aged 59, was apprehended and underwent interrogation by detectives.
- The arrest occurred slightly more than a year subsequent to the search conducted by Police Scotland officers at the couple’s residence, where a blue tent was set up outside the property, alongside searches at the SNP’s headquarters in Edinburgh.
- In April 2024, Peter Murrell was charged with 'embezzlement' of funds from the SNP.
Explainer: Superfund designations could fuel PFAS litigation, enforcement: The U.S. Environmental Protection Agency has designated two of the most commonly used ...
reuters.com/business/environment/superfund-designations-could-fuel-pfas-litigation-enforcement-2024-04-19/
Why the world needs socially awkward people: As a kid, Ty Tashiro was an awkward stats nerd. Now, as a social scientist, he explains why the characteristics that ...
npr.org/2024/04/19/1245304006/why-the-world-needs-socially-awkward-people
NYPD and and other officials hold a briefing outside a Manhattan courthouse where a person set themself on fire while Donald Trump's criminal hush-money trial ...
twitter.com/i/broadcasts/1yoJMwkANXeKQ
Video captures people pulling black bear cubs from trees for photos: No cubs were physically harmed when a group pulled the baby black bears out of trees to take ...
bbc.com/news/world-us-canada-68848098
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AmEx surpasses profit estimate; small-business strategy in focus: American Express beat expectations for first-quarter profit thanks to strong spending by ...
reuters.com/business/finance/american-express-beats-profit-estimates-strong-spending-by-wealthy-customers-2024-04-19/
Futures fall as Middle East tensions simmer, Netflix slumps: U.S. stock index futures slipped on Friday as investors turned risk-averse following reports of an ...
reuters.com/markets/us/wall-streets-fear-gauge-over-5-month-high-rate-cut-mideast-worries-2024-04-19/
Aldi’s ‘aisle of shame’ is a middle row of goodies that have nothing to do with groceries. Shoppers are huge fans of it
cnn.com/2024/04/19/business/aldi-aisle-of-shame-fans/
'The thing we feared has happened': Large parts of the outer walls of Denmark's landmark 400-year-old stock exchange building collapsed ...
reut.rs/3W0fJmt
Tesla recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
bbc.com/news/articles/c9ezp0lv039o
Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
cnn.com/2024/04/19/cars/india-elon-musk-visit-investment-intl-hnk/
Justice Juan Merchan took steps to shield jurors in the case from harassment, saying they'll remain anonymous except to Trump, his lawyers and prosecutors ...
reut.rs/3JmcDl4
Sydney church stabbing: Australian bishop forgives alleged attacker: Bishop Mar Mari Emmanuel also appealed for the community to stay calm after the alleged ...
bbc.com/news/world-australia-68814813
France's Pluxee raises guidance after strong H1 performance: French voucher and benefits company Pluxee raised its full-year organic sales growth target on ...
reuters.com/business/retail-consumer/frances-pluxee-raises-guidance-after-strong-h1-performance-2024-04-19/
Trump meets with Orbán, Saudis, Cameron as they prepare for his return: Former President Trump is holding court with world leaders as foreign governments brace ...
thehill.com/homenews/campaign/4603410-donald-trump-nato-viktor-orban-andrzel-duda-david-cameron/
Remaking Made in India will be a long slog: India’s $24 billion plan to become a rival to China's factory for the world builds on the South Asian nation's ...
reuters.com/breakingviews/remaking-made-india-will-be-long-slog-2024-04-19/
US existing home sales drop in March; median price increases: U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers ...
reuters.com/world/us/us-existing-home-sales-drop-march-median-price-increases-2024-04-18/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Several states in the US are experiencing a 911 outage, including South Dakota, Nevada and parts of Nebraska, according to officials
reut.rs/3Q675yW
Quick Glance: 911 Emergency Call Issue Across Four States
- A widespread disruption on Wednesday affected residents' ability to dial the 911 emergency number in parts of Nebraska and Texas, the entire state of South Dakota, and Las Vegas, according to local authorities.
- In Las Vegas, calls to 911 on both landline and mobile phones were inaccessible for about two hours before service was reinstated around 9 p.m.
- Throughout the outage, operators observed efforts to place calls from mobile phones and would subsequently return the residents' calls, with all attempted calls being successfully answered.
California woman falls 42 metres to her death hiking with husband and toddler: Zaynab Joseph fell 42 metres down Arizona's Bear Mountain on a trip with her ...
bbc.com/news/world-us-canada-68850254
Water extraction and weight of buildings see half of China's cities sink: Extracting ground water for growing urban populations causes half of China's big cities ...
bbc.com/news/science-environment-68844731
California woman falls 42 metres to her death hiking with husband and toddler: Zaynab Joseph fell 42 metres down Arizona's Bear Mountain on a trip with her ...
bbc.com/news/world-us-canada-68850254
Chris Oyakhilome: Nigerian pastor pushing malaria vaccine conspiracy theories: Pastor Chris Oyakhilome is targeting the new malaria vaccines as African countries ...
bbc.com/news/world-africa-67577223
US will lease public lands for conservation under new policy: The Biden administration on Thursday finalized new measures to protect the health of U.S ...
reuters.com/sustainability/land-use-biodiversity/us-will-lease-public-lands-conservation-under-new-policy-2024-04-18/
Can TikTok's owner afford to lose its killer app?: Sell or be banned - TikTok's US operations, by some estimates, could fetch up to $100bn.
bbc.com/news/world-asia-china-68681786
US power, tech companies lament snags in meeting AI energy needs: U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of ...
reuters.com/business/energy/us-power-tech-companies-lament-snags-meeting-ai-energy-needs-2024-04-18/
States sue to block US rules curbing tailpipe emissions in cars, light trucks: Republican attorneys general from 25 states on Thursday sued the U.S ...
reuters.com/legal/republican-led-states-sue-block-us-rules-curbing-tailpipe-emissions-cars-light-2024-04-18/
🔊 Oceans reach an alarming tipping point as a fourth mass coral bleaching event - the worst on record - is underway. For the latest listen to the Reuters World ...
reut.rs/3W3nZlp
China's drugmakers can't sell mRNA shots but haven't quit yet: China's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are ...
reut.rs/3Jw13DT
5 ways to add joy into your meals: Weight and eating habits are deeply intertwined. How do you strike a balance between eating for weight ...
cnn.com/2024/04/19/health/joy-food-diet-weight-wellness/
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