Month: October 2022

Shares of Club holding Pioneer Natural Resources (PXD) climbed in extended trading Thursday on the back of solid third-quarter results. The oil-and-gas producer also showed it’s making good on a promise to return excess cash to shareholders, checking the main box in our investment thesis for the company. Total revenue climbed by 36.5% year-on-year, to
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The head of NatWest, which is part state-owned, has defended the amount of tax big banks pay. Alison Rose, the chief executive, said banks were taxed more than “any other sector” and more than the financial service sectors in other countries. Speaking on Ian King Live, Ms Rose said: “On taxes, the banking sector already
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In order to qualify for the $7,500 tax credit, the Biden administration’s Inflation Reduction Act (IRA) requires a proportion of battery minerals in EVs to be extracted or processed in the US or free-trade partner countries. But a lot of automakers simply aren’t prepared for that requirement. Electrek spoke with Megan O’Connor, cofounder and CEO of Nth Cycle, a
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Sir Lenny Henry, Stormzy and Michaela Coel are among those named on a list of the UK’s most influential black people – but a businesswoman has taken the top spot. The Powerlist, which has been published annually since 2007, identifies the UK’s most powerful people of African, African Caribbean and African American heritage. The 2023
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It’s Albert Einstein’s classic definition of insanity – “Doing the same thing over and over and expecting different results.” A second Northern Ireland Assembly election might produce a slightly different picture but the end result will be the same. Unless there’s a solution to the Brexit trading arrangement, there still won’t be a power-sharing government
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1:42 PM ET Associated Press An appeals panel on Thursday denied the attempt by Stewart-Haas Racing to overturn $200,000 in NASCAR fines for manipulation of a playoff race. The behavioral penalty was issued to Cole Custer, crew chief Mike Shiplett and team owner Gene Haas after the Oct. 9 race at Charlotte Motor Speedway. NASCAR
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