Business

The authorities's inexperienced power plans have been dealt a blow after corporations snubbed an public sale for contracts to run new offshore wind websites.Insiders had warned the method had struggled to draw bidders as a result of the federal government has set the utmost worth mills can obtain as too low, failing to mirror the rising prices of producing and putting in generators. The business has been hit by inflation that has seen the value of metal rise by 40%, provide chain pressures and will increase in the price of financing. Twitter This content material is offered by Twitter, which can be utilizing cookies and different applied sciences. To present you this content material, we want your permiss...

CANBERRA, Australia — Australian Transport Minister Catherine King stated on Thursday that invasive gynecological examinations carried out on passengers at Doha’s worldwide airport in 2020 have been a part of the rationale she refused to permit Qatar Airways to double its companies to Australia. ...

The head of the U.S. Senate Foreign Relations Committee has requested the nation’s high three oilfield companies firms to clarify why they continued doing enterprise in Russia after its invasion of Ukraine, and demanded that they decide to “cease all investments” in Russia’s fossil gas infrastructure. ...

South Dakota regulators on Wednesday denied a building allow for a carbon dioxide pipeline challenge, one month after a North Dakota panel did the identical to an analogous challenge by one other firm. ...

About 80% of mortgage holders and renters at the moment are nervous about rising housing prices, in response to a ballot.Which? stated the determine was the very best within the 10-year historical past of its month-to-month Consumer Insight Tracker. It comes as rents proceed to rise and mortgage funds stay excessive after the Bank of England hiked rates of interest 14 occasions in a row in a battle to deliver down excessive inflation. Please use Chrome browser for a extra accessible video participant 2:46 Renters now within the majority in UK ...

LOUISVILLE, Ky. — Kentucky Gov. Andy Beshear plunked down a $20 guess Thursday on two home-state faculty soccer groups - and towards an arch-nemesis faculty - in a fast transaction signaling that authorized sports wagering is off and working within the Bluegrass State. ...

With his heritage and huge prolonged household within the nation, Prime Minister Rishi Sunak will obtain a hotter welcome than a lot of the different world leaders arriving in India this weekend for the G20 summit.Unfortunately although, a free commerce settlement between the UK and India shouldn't be assured any time quickly. Last yr, India leapfrogged the UK to change into the world's fifth-largest economic system - and in April, overtook China to change into the world's most populous nation.Its rising prosperity makes it a rustic that the entire world desires to do enterprise with. Before lengthy, it's prone to be the third largest economic system globally after the US and China.A free commerce settlement with India was, specifically, held out as one of many nice potential...

MINNEAPOLIS — A federal decide has dealt one other severe setback to the proposed Twin Metals copper-nickel mine close to the Boundary Waters Canoe Area Wilderness in northeastern Minnesota, dismissing the corporate’s lawsuit that sought to regain the crucial mineral rights leases that the Biden administration canceled. ...

KAHULUI, Hawaii — Richie Olsten has been in Maui’s helicopter tour enterprise for a half-century, so lengthy he’s developed a barometer for the tourism-dependent economic system: rental automobiles parked on the island’s airport. ...

Bill Gates is betting that the Dylan Mulvaney backlash has run its course. The multibillionaire co-founder of Microsoft has bought $95 million price...