Billionaire business mogul John Catsimatidis promoted his 30-year-old son to president and chief operating officer of the $7 billion Red Apple Group, which has a vast empire that spans media, real estate, fossil fuels, and the Gristedes and D’Agostino’s grocery chains in New York City. John Catsimatidis Jr., who was previously chief investment officer at … Read more
Two of Westminster’s best-connected journalists, Sky News’s Sam Coates and Politico’s Jack Blanchard, guide us through their predictions of how British politics will play out over the next seven days. This week: As well as election fever ramping up as MPs return to Westminster, they look at what else is in store for Rishi Sunak. … Read more
German federal prosecutors have opened an investigation into a suspected case of sabotage after small holes were found in a liquefied natural gas pipeline under construction in the north of Germany. Prosecutors have taken over an “investigation into the initial suspicion of anti-constitutional sabotage,” a spokeswoman for the Federal Public Prosecutor General told German public … Read more
LONDON — A new law to introduce annual licensing rounds for North Sea oil and gas exploration is a “distraction” that risks undermining the U.K.’s green “credibility” on the world stage, the country’s former top climate diplomat has warned. MPs will vote on the government’s Offshore Petroleum Licensing Bill for the first time on Monday. But … Read more
The memo sent to staff in the Prime Minister’s Office to announce the hiring of Max Valiquette as the government’s new executive director of communications said the former marketing executive would be focused on, among other things, “aligning the entire team under a clear narrative.” In politics, a clear narrative isn’t everything, but it’s a … Read more
U.S. energy giant ExxonMobil Corp has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as lead contractor, a deputy oil minister told Reuters on Monday. Senior Iraqi oil officials met with executives from ExxonMobil, PetroChina and Basra Oil Co on Monday at the West Qurna 1 … Read more
As the curtains draw on a tumultuous year, 2023 leaves behind a tapestry of unraveled events, painting a world shrouded in uncertainty and grappling with an ominous glimpse of the future. In a kaleidoscope of occurrences that defy easy categorization, selecting defining images for an annual overview becomes a difficult task. To encapsulate the essence … Read more
2023 was marked by crisis, transition and conflict. As the war in Ukraine dragged into its second year, the EU was confronted with yet another conflict on its doorstep: The Israel-Hamas war, which brought fresh instability to the Middle East and exacerbated divisions between EU countries. Europe now heads into a big election year and … Read more
It’s been a busy year in EU policy land as lawmakers, leaders and officials raced to tie up loose ends before the European Parliament election next June, with some efforts more successful than others. The EU’s green ambitions became the center of a right-wing backlash as the real-life impact of proposed reforms started to bite. … Read more
Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. Analysts polled by Reuters had forecast a 0.2 per cent month-over-month rise. September’s GDP was downwardly revised to zero growth from an initial report of … Read more
