Author: Press Room

Is Europe suddenly winning the gas war with Russia? Prices have dropped by almost 65 per cent since hitting an all-time peak in August. Storage caverns across the continent are filled to bursting point ready to supply homes and industry this winter. Even seaborne liquefied natural gas tankers, which desperate buyers had to fight to pry away from Asia, are now so plentiful there are traffic jams forming outside European terminals as they wait to unload.After months of fearing a winter beset by shortages and misery caused by Russia’s weaponisation of gas supplies, most traders will cautiously concede that Europe’s…

Sitting just off Central Park’s south-east corner, New York’s Pierre hotel enjoys distinction as one of the city’s centres for wealth and power. It was the venue for General Electric chief executive Jack Welch’s 1981 speech that laid out his vision of why companies should focus on shareholder value.Last week, big hedge funds and people in the activist investor ecosystem gathered at the Pierre for an annual conference on how that value might be realised ahead of the new season of shareholder meetings. With the stock market slumping this year and the Covid-19 pandemic largely over, activism is perking up…

So far, 2022 has not been a great year for the emerging economies of Asia. The immediate challenges of a strong dollar, rising interest rates and inflation in everything from food to fuel all show little sign of abating. Now a further complicating factor has emerged — from an unlikely source.The Inflation Reduction Act signed into law in August by President Joe Biden contained a sweeping climate initiative. It commits more than $369bn to subsidies and tax credits over a decade to encourage decarbonisation and cleaner energy.As a clear positive commitment by the US to carbon reduction and cleaner energy,…

This week, we talk about the Hollywood blockbuster The Woman King, starring Viola Davis. It’s an epic that features a group of women warriors fighting for the kingdom of Dahomey—and it’s got a lot of Oscar buzz. Lilah goes behind the scenes with Academy-Award winning producer Cathy Schulman to discuss what it took to get it made. Then, we look into what happened to plant-based meat. A few years ago, it was all over the news—but the hype died down. Has it been absorbed into our diets, or was it just a fad?Want to stay in touch? We love hearing…

ALOR SETAR: Gerakan Tanah Air (GTA) pro tem chairman Mahathir Mohamad said he was willing to forget Mr Muhyiddin Yassin’s “betrayal” so that GTA and Perikatan Nasional (PN) can work together to face the 15th General Election (GE15). Dr Mahathir said the opposition parties could only defeat UMNO by working together and for that reason, he chose to propose the matter to Mr Muhyiddin but was rejected by the PN chairman. “I thought, it is okay even though he had stabbed me in the back before, for the sake of our people, country, and religion, we are willing to humble…

This year, Halloween did not fall on the weekend, but it’s all good. Why? Because the Saturday before the ghoulish holiday is packed with so many marquee matchups, even the bravest college football fans will be frightened awaiting the outcomes of these games. More importantly, several of these contests have real College Football Playoff (CFP) implications.We’re talking Ohio State against Penn State on FOX, Georgia-Florida and Michigan State at Michigan. If the top-ranked squads in these games get the W, they still control their own destinies. And speaking of destiny, there could be a $25,000 payday in your future if you play…

Kyrie Irving continues to do the questionable.On Friday night, the Brooklyn Nets guard tweeted an Amazon Prime Video link to the 2018 film “Hebrews to Negroes: Wake Up Black America.” The film “uncovers the true identity of the Children of Israel” and unearths “what Islam, Judaism and Christianity has covered up for centuries in regards to the true biblical identity of the so-called ‘Negro’ in this movie packed with tons of research.”The book also notes that “Since the European and Arab slave traders stepped foot into Africa, blacks have been told lies about their heritage.”BARACK OBAMA INVOLVED IN GROUP INTERESTED…

CNN  —  A monoclonal antibody treatment for Alzheimer’s disease that showed promise in a Phase 3 trial may have contributed to a study participant’s death, according to an adverse events report obtained by the digital health publication Stat. Eisai, the company that makes the experimental drug lecanemab, said in a statement to CNN on Friday that because of patient privacy issues, it could not provide specific information about patients or comment on information from other sources. Stat reported that an investigator on the study told Eisai about the death and that it was a result of bleeding in the brain.…

CNN  —  In a year when they are hoping for a red wave, Republicans have set their sights on defeating Colorado Democratic Sen. Michael Bennet in their quest to gain control of the Senate chamber. On Friday night, Bennet engaged in a fast-paced and testy final debate with moderate GOP rival Joe O’Dea, who has distanced himself from former president Donald Trump as he has blamed Democrats for inflation and an energy policy that “straps working Americans.” Bennet, a Democrat who unsuccessfully ran for the White House in 2020, is facing a tougher than expected challenge from O’Dea, a construction…

San Francisco Police Chief William Scott said a “higher priority dispatch” was sent to the residence of Paul Pelosi because of the 911 operator’s “intuition” that there was “something more to the incident than what she was being told.”Paul Pelosi, the husband of House Speaker Nancy Pelosi, was attacked at their San Francisco residence early Friday morning after 2 a.m.Scott said during a Friday night press conference that both Paul Pelosi and DePape both had their hands on the hammer. When officers gave an order for the men to drop the hammer, DePape began attacking Paul Pelosi, who was hit…