Sep 22, 2023 - Rishi Sunak likely to face legal challenges over net zero U-turn

View online | Unsubscribe Too many emails? Get just one newsletter per day - Morning / Evening / CEO Picks

You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium From the Editor's Desk Strategic Management for Competitive Advantage Within our increasingly complex economic system, ways must be found to retain the vigor of simple company structures in diverse, multinational organizations. These authors describe successive phases of corporate planning and conclude that the final one — strategic management — can help revitalize complex enterprises. For the better part of a decade, strategy has been a business buzzword. Top executives ponder strategic objectives and missions. Managers down the line rough out product/market strategies. Functional chiefs lay out “strategies” for everything from R&D to raw-materials sourcing and distributor relations. Mere planning has lost its glamor; the planners have all turned into strategists. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $4 per month. Access to premium content | No advertisement mailers Work Rishi Sunak likely to face legal challenges over net zero U-turn     The delay of the ban on new petrol car sales to 2035 will be done through an affirmative statutory instrument. Some of the Tories who have voiced concern at Sunak’s plans, including members of the Conservative Environment Network of more than 100 MPs, may choose to vote against it. Work Why NYC's subway is struggling     \"A lot of it has to do with the economy,\" said Sarah Kaufman, director of the New York University Rudin Center for Transportation. \"It\'s one more cost that people feel like they have to incur when they\'re already seeing increased costs for rent and groceries and all of their other expenses.\" � Work Stock losses deepen as Wall Street braces for 'higher for longer' interest rates: Stock market news today     FOX (FOXA) and News Corp. (NWS, NWSA): Investors at Fox and News Corp appeared to take heart after the companies announced Thursday that Chair Rupert Murdoch stepped down from his leadership roles, ending a career that spanned more than seven decades and forged a global media empire. Murdoch\'s son Lachlan will become the sole chair of both boards. The transition put to rest questions of Murdoch\'s succession and solidifies Lachlan\'s role as the empire\'s new leader. Fox shares rose by nearly 3% and News Corp gained 0.8%. Work Police officer sacked after stamping on man's head during arrest in Bradford     "We always strive to deliver the best service possible; however, sometimes we don't get things right and would encourage anyone who feels unsatisfied with the service they received to report it to our Professional Standards directorate so that it can be investigated." You Might Like � � � Work Budget surplus up to $22bn thanks to strong jobs market and higher commodities prices     On Monday the Albanese government will release the employment white paper, which will aim to boost growth by achieving full employment, increasing productivity and removing barriers to workforce participation. Work Rishi Sunak's planned A-levels reforms could include baccalaureate     "Alongside this, we have set out bold plans to ensure that every young person studies some form of maths up to the age of 18 to give them the skills they need to succeed in the jobs of the future." Work Biden administration takes steps to remove medical bills from credit reports     \"Vice President Harris is leading the fight to lower costs for hardworking Americans by addressing the burden of medical debt,\" Warren said. \"No one should have their credit ruined because of a medical emergency. By proposing to erase medical debt from credit reports, the CFPB is doing what the consumer agency does best: saving Americans money.\" Work Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more     Paramount, Netflix, Disney — Shares of streaming companies moved higher as writers and producers neared a potential end to the Writers Guild of America strike, people close to the negotiations told CNBC\'s David Faber on Wednesday. Paramount was about 0.5% higher, while Netflix lost 0.6% and Disney added 0.2%, taking back earlier gains. You Might Like � � � Work U.S. stock prices near level for 'mechanical selling' - Nomura's McElligott     One key factor that has countered \"mechanical selling\" in the recent past has been the willingness of some investors to sell volatility, essentially betting that market gyrations will soon subside, McElligott said. Work Bill Gross Warns Bond Investors Face Record Third Year of Losses     Historically, he said, 10-year notes yield 1.35 percentage points more than the fed funds rate. Even if the policy rate drops to 2.5%, that puts 10-year yields close to 4% “under the best of possible scenarios.” � Work Australia live news: Rupert Murdoch praised by News Corp; Jim Chalmers reveals bigger budget surplus than expected     Well, I said earlier, that there’s nothing preventing the states from participating but our primary focus is on the Commonwealth role. You know, I think your listeners Hamish, they want us to take responsibility for our part in of all of this, and we are, you know, we’re not doing it in a partisan way. It’s not about taking cheap shots at predecessors. It’s not about any of those sorts of things. This is a comprehensive and genuine effort to work out how the Commonwealth can do better in the future. Work Alarm over 'fascist-like' protest at Ireland's seat of government     "For too long it has been assumed that Ireland would remain immune to far-right developments in the rest of the world. After yesterday's mini re-enactment of a Trump-style protest, we can no longer assume that." � Work 3 REITs That Just Increased Dividends     Weekly REIT Report: REITs are one of the most misunderstood investment options, making it difficult for investors to spot incredible opportunities until it\'s too late. Benzinga\'s in-house real estate research team has been working hard to identify the greatest opportunities in today\'s market, which you can gain access to for free by signing up for the Weekly REIT Report. Work Crown prince confirms Saudi Arabia will seek nuclear arsenal if Iran develops one     “This is yet more evidence of the administration’s complete obsession with strategic competition, which is the frame through which they were putting everything in foreign policy,” said Matt Duss, a former foreign policy adviser to Senator Bernie Sanders, and now executive vice-president at the Center for International Policy thinktank. � Work Two of Norway's top female politicians hit by scandal over husbands' secret shares     Berit Aalborg, the political editor of the newspaper VÃ¥rt Land, said attention around the case was the result of sexism. "That would not have happened if it was the other way around. These men are being made fun of because they are men with powerful wives," she said. Work Keir Starmer: Labour in power would not 'want to diverge' from EU     "Actually, Rishi Sunak yesterday aligned UK policy on internal combustion cars to the EU, so surely sauce for the goose is sauce for the gander," he said referring to the prime minister's move to back the ban on the sale of new petrol and diesel cars in the UK from 2030 to 2035, which brings the UK in line with countries such as France and Germany. � Work Russia temporarily bans export of petrol and diesel to stabilise domestic market     The Kremlin statement added: “Previously, to stabilise the situation on the fuel market, the government raised the mandatory supply volumes of motor gasoline and diesel fuel to the commodity exchange … Daily monitoring of fuel purchases for the needs of agricultural producers with prompt adjustment of volumes has also been set up.” Work Warner Bros studios in Leavesden to expand, creating 4,000 UK jobs     The Bectu union estimated three-quarters of freelance film and TV crew in Britain are now out of work, prompting observers to ask whether the UK broadcasting industry is facing a temporary post-pandemic reset or an existential crisis. Work Hedge Fund Billionaire Paulson Cost Family Trust $10 Million With Condo Deal, Wife Says     The partner in the Puerto Rico lawsuit, Fahad Ghaffar, is asking for more than $50 million in damages from Paulson. Ghaffar claims Paulson told him in February 2022 that he would be investing his money in a convertible note that would eventually give him 50% ownership in the dealership, F40. Ghaffar claims in his lawsuit that a Paulson family trust — one of the three at issue in the New York case — had just bought the dealership for $103 million. Work Fed hawkishness prompts HSBC to raise 10-year Treasury yield target     Despite the Fed\'s hawkishness, there are reasons to believe that global central banks are closer to cutting rates than markets now forecast, strategists at Capital Economics wrote in a note on Thursday. The firm expects to see 21 out of the world\'s 30 major central banks cutting interest rates by this time next year. Work BBC investigates claim Russell Brand flashed a woman in Los Angeles     The remaining shows of Brand’s Bipolarisation tour have also been postponed, however, rightwing video platform Rumble has said the allegations against Brand have “nothing to do” with its platform. Work Mohammed bin Salman says he will 'continue doing sport washing' for Saudi Arabia     The changing face of Saudi Arabia, is the West being bought? On Tuesday 10 October 2023, 8pm-9.15pm BST, join Devika Bhat, Nesrine Malik, Patrick Wintour, Barney Ronay and Safa Al Ahmad for a livestreamed discussion on Saudi Arabia diplomacy tactics. Tickets available here. Work Baby boomers are big winners from the Fed's policies - but younger generations are 'screwed,' market veteran says     While baby boomers are under fire for hoarding wealth, their spending in retirement could prove crucial in sustaining the economy and preventing a recession, market veteran Ed Yardeni argued this summer. Work Rupert Murdoch stepping down as Fox and News Corp chair, with son Lachlan taking over - as it happened     His ownership led to a significant shift in the paper's content, with more emphasis on crime, sex, scandal, and human interest stories, extensive sports reporting, and occasionally outspokenly conservative editorialising. Work Exclude fossil fuel firms from Cop28 if they only want to obstruct, says ex-UN chief     At a closing session of the UN climate ambition summit on Wednesday, Al Jaber said “we are not powerless” to overcome the climate crisis. And earlier this week, Al Jaber wrote an op-ed in Fortune magazine calling on governments and the private sector to place more focus on international climate finance. Work Linda Burney calls for Gary Johns to be sacked from no campaign after fresh barrage of offensive comments unearthed     Johns’ position in the no campaign has come under repeated scrutiny after he suggested Indigenous people take blood tests in order to access welfare payments and told the CPAC conference some people in Indigenous communities lived in a “stupor” and recommended they “learn English”. Work Heard on the Street: VinFast’s SPAC Backers Are Backing Out     This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Work What striking workers get wrong about automaker profits     On paper, maybe the Detroit Three can afford to pay workers more and shareholders less. But nobody is asking their competitors to do that, and some of those competitors already enjoy advantages. The Detroit automakers aren’t the titans they used to be, and they’re not the titans the UAW seems to think they are, either. Work Mexico Feels Pressure of Relentless Migration From South America     Emiliano Rodríguez Mega and Elda Cantú contributed reporting from Mexico City; Jody García from Gothenburg, Sweden; Julie Turkewitz from Bogotá, Colombia; Aline Corpus from Tijuana; and Eileen Sullivan from Washington. Work Florida's Brightline is the start of US investment in high-speed rail     The pace of high-speed rail development in the US has been slow. But according to current timelines for high-speed rail projects in development, most of which are slated to be complete by the end of the decade, Gen Z could soon see a version of this fictional map become reality. Work Kim Kardashian’s ‘American Horror Story’ Debut Sparks Mixed Reactions From Fans     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Victor R. Fuchs, ‘Dean’ of American Health Care Economists, Dies at 99     Clay Risen is an obituaries reporter for The Times. Previously, he was a senior editor on the Politics desk and a deputy op-ed editor on the Opinion desk. He is the author, most recently, of “American Rye: A Guide to the Nation’s Original Spirit.” More about Clay Risen Work Tesla's Crazily Controversial Stock Is Weakening. How Far It Could Fall.      This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Work Chesebro asks court to suppress use of emails in Trump Georgia election case     The charges against Chesebro include violating Georgia\'s racketeering act, as well as conspiracy to impersonate a public officer, conspiracy to commit forgery and conspiracy to commit false statements and documents. Work Will I Owe Taxes on Reinvested Dividends?     Consult a financial advisor if you need help determining the taxes owed on reinvested dividends. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now. Work Tesla's Crazily Controversial Stock Is Weakening. How Far It Could Fall.      This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Work WWE's 'SmackDown' to return to NBCUniversal's USA Network in more than $1.4 billion deal     \"It\'s a privilege and thrill to continue NBCU\'s decades-long partnership with WWE which has helped cement USA Network\'s consistent position as the top-rated cable entertainment network in live viewership,\" said Frances Berwick, chairman of NBCUniversal Entertainment. \"With Friday nights on USA, primetime specials on NBC, and the WWE hub on Peacock, we\'ll continue to use the power of our portfolio to super-serve this passionate fanbase.\" Work More fentanyl found under trapdoor in New York daycare where infant died     Following Dominici’s death, the mayor of New York City, Eric Adams, said: “This crisis is real, and it is a real wake‑up call for individuals who have opioids or fentanyl in their homes … The mere contact is deadly for an adult and it’s extremely deadly for a child.” Work Discontent With Party Politics Reaches New Heights     Despite the rhetoric from many Republican elected officials focused on questioning the integrity of elections and vote counting, Americans — including sizable shares of Republicans — still see voting as the single best way to change the country for the better. Work Everything you need to know about the 2023 Solheim Cup     \"I\'ve told a lot of people this: She\'s handled it so well, like, so remarkably well that I think it sent a message to the rookies,\" Lewis said. \"There was no panic in her and it helped that team-room vibe. I don\'t even think Danielle realized it, you know, that she\'s being a leader in that aspect. So it\'s just been really cool to see her step up.\" Work Nvidia, other US chip stocks stall over valuation, industry worries     In another blow, Reuters reported on Friday that Taiwan\'s TSMC has told its major suppliers to delay the delivery of high-end chipmaking equipment, as the world\'s top contract chipmaker grows increasingly nervous about customer demand. Shares of several TSMC suppliers fell after the report. Work Voice pamphlets: false claims and conspiracy theories distributed across Australia     “The AEC has long taken a graduated approach to enforcement around authorisations matters for which the first step is to seek a remedy,” a spokesperson said. “In the past, authorisations matters have occurred where the AEC has asked for a remedy – these matters have almost always resulted in remedies being applied swiftly and in full.” Work White House says Republicans 'playing games with people's lives' as shutdown odds increase - as it happened     It's an ominous sign for the separate effort to fund the government beyond 30 September, since both rightwing Republicans and Democrats oppose a motion to prevent a shutdown proposed by House speaker Kevin McCarthy. Work Lost Michigan toddler found asleep in woods using family dog as furry pillow     “She laid down and used one of the dogs as a pillow, and the other dog laid right next to her and kept her safe,” Lt Mark Giannunzio said on Thursday. “It’s a really remarkable story.” Work Americans' Average Net Worth By Age     A financial advisor can do more than just manage your investments. Some advisors specialize in financial planning, helping you build a comprehensive roadmap for reaching your money goals. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now. Work Bombshell report claims the 39-year-old Harvard Law prodigy with a historic $110 million CEO pay package quit amid horrific sexual abuse allegations     More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from homeWant more for your money? These 14 savings accounts have rates of 5% APY (and higher)Buying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home Work State Dept. Contractor Is Accused of Stealing Satellite Imagery of Africa     Adam Goldman reports on the F.B.I. and national security from Washington, D.C., and is a two-time Pulitzer Prize winner. He is the coauthor of “Enemies Within: Inside the NYPD\'s Secret Spying Unit and bin Laden\'s Final Plot Against America.”  More about Adam Goldman Work From Knute Rockne to Joe Montana and beyond, a look at 102 years of Notre Dame's green jerseys     So on Saturday night, as we all watch the Irish run into the stadium that Rockne designed, let\'s take a moment to pause and think of the All-American himself, perpetually stuck in black and white, watching from the Great Green Beyond as Notre Dame sparkles in viridian splendor, in all its 4K UHD glory. Work Pence trashes Trump's tax plan, says 10% tariff would 'increase inflation at the worst possible time'     But Pence\'s campaign said that by \"haphazardly\" raising the cost of all imports, the tariff plan would raise prices that would disproportionately hurt poor and middle-class Americans the hardest. Work Will I Owe Taxes on Reinvested Dividends?     Consult a financial advisor if you need help determining the taxes owed on reinvested dividends. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) My Scribbles dream (1) zen (1) Blog Archive ►  2025 (2) ►  January (2) ►  2024 (19) ►  August (8) ►  July (5) ►  May (1) ►  April (5) ▼  2023 (78) ►  November (3) ►  October (14) ▼  September (11) September 29, 2023 - Russia-Ukraine war live: dron... September 25, 2023 - Standoff between Kosovo polic... Sep 23, 2023 - Automakers question UAW's strike mo... Sep 22, 2023 - Rishi Sunak likely to face legal ch... September 20, 2023 - Nagorno-Karabakh: death toll ... September 19, 2023 - Tigray atrocities continuing ... September 12, 2023 - Kim Jong-un arrives in Russia... September 11, 2023 - Lula says Putin can attend ne... September 2, 2023 - Ukraine war: Russia pledges to... September 1, 2023 - DeSantis Super PAC's Urgent Pl... September 1, 2023 - Fintech giant Wise allowed Rus... ►  August (11) ►  July (2) ►  June (8) ►  May (14) ►  April (5) ►  March (2) ►  February (4) ►  January (4) ►  2022 (68) ►  December (12) ►  November (17) ►  May (17) ►  April (22) ►  2021 (139) ►  April (24) ►  March (73) ►  February (42) ►  2010 (1) ►  February (1) ►  2009 (1) ►  December (1) ►  2007 (4) ►  November (1) ►  May (3)