BLOOMBERG Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to rapidly speed up carbon capture projects, which could become crucial if the country is to reach its net zero ambitions. The company’s aging Morecambe gas site, off the west coast of England, wasn’t selected for a support scheme this summer that’s …

BLOOMBERG European stocks kicked off the week with gains as Israel’s military action in Gaza proceeded more cautiously, while investors look to the Federal Reserve for direction on interest rates. The Stoxx 600 index was up 0.6% in a broad risk-on move, with almost all the sectors trading in positive territory. Oil fell as Middle East conflict remained contained as …

BLOOMBERG Foreign investors have cut holdings of Indian stocks at a rapid pace over the past week, with disappointing earnings from some bellwether companies souring sentiment just as concerns about the Israel-Hamas war and higher-for-longer US rates hurt demand for riskier assets. Overseas funds sold $768.4 million of local shares alone, the biggest single-day outflow since June 2022 on a …