Firm News

“This oil-indexed contract, together with the recently executed long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan and the mid-term contract with Glencore, demonstrates Santos’ strong LNG portfolio position and customer relationships within the region. Our portfolio is well-balanced over the brief to medium term, with round eighty % of volumes listed to grease Business News prices and about twenty % exposed to spot pricing,” Gallagher mentioned. “There continues to be extremely strong demand in Asia for high-heating-value LNG from projects similar to Barossa and PNG LNG, as countries give attention to lowering their carbon emissions.

Each week we alternate between an interview with an organization leader and an industry deep dive. Sit down for lunch and walk away with a recent tackle the share market, corporations you can put cash into, and the method ahead for business. News about the Philippine Stock Exchange, worldwide capital markets, and the banking industry. The Reserve Bank of India has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced at present,whereas retaining India’s actual GDP development forecast at 7.2 per cent for the current monetary 12 months. New Zealand’s central financial institution cuts rates by zero.5 share factors, and economists say more cuts are coming.

The Reserve Bank of India’s Monetary Policy Committee wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal 12 months and the tenth time overall. The S&P 500 have ended little changed, with know-how shares gaining but investors nervous about Middle East tensions and more US labour data due this week. Wall Street’s three main indexes closed down round 1 per cent on Monday whereas Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing and nervous in regards to the Middle East battle’s influence on oil prices.

India’s Political Carnival Is Back in Season, With Mixed Results for ModiTwo intently watched elections, in Haryana and the turbulent Jammu and Kashmir, saved the surprises coming after this summer’s surprising nationwide consequence. TikTok Faces Barrage of Lawsuits Around Teens and Mental HealthMore than a dozen states sued TikTok on Tuesday for creating an app designed to be addictive to kids and youngsters. Harris Proposes Medicare Benefits for Home Care, Vision and HearingThe vice president’s well being care plan is supposed to assist Americans who’re struggling to search out affordable home take care of themselves or aging relatives.

Mortgage rule adjustments permit simpler entry into the housing market with lower monthly funds, but in addition an elevated value of repaying a mortgage. A bipartisan group of 14 U.S. attorneys general from across the country filed lawsuits on Tuesday towards TikTok, alleging that the platform has “addicted” younger folks and harmed their mental well being. A new report from the Canadian Chamber of Commerce is sending a stark warning ahead of the united states presidential election, saying protectionist insurance policies like Donald Trump’s proposed tariffs could damage economies on either side of the border.

Uber Technologies will roll out an AI assistant powered by OpenAI’s know-how to assist drivers transition to electrical automobiles, as part of its efforts to decrease emissions. Change your nation to get extra high tales from where you’re, as nicely as the UK and worldwide headlines. The candidate who wins probably the most electoral school votes throughout the US turns into president. The week’s greatest stories, handpicked by BBC editors, in your inbox every Friday.