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European natural gas prices jump

  Bloomberg European natural gas prices jumped for a third session as a blast of unusually cold weather across the northern half of the continent tests its resilience to a historic energy crisis. Benchmark futures surged 6.5% after settling at the highest level since mid-October. From London to Latvia, temperatures are set to drop below freezing in the coming days ...

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Big Oil betting billions on global ‘climate catastrophe’

Bloomberg The world’s biggest oil producers are spending billions of dollars on fossil fuel projects that will only be needed if the world misses key climate goals, according to Carbon Tracker, a non-profit think tank. Companies invested $58 billion in oil and gas projects in 2021 and 2022 that will only be required if fossil fuel demand grows to a ...

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Son lifts SoftBank’s stake to 34%, edging towards buyout

  Bloomberg Masayoshi Son has quietly tightened his grip on SoftBank Group Corp during a tumultuous market downturn, edging closer to the point where he could bid to take the world’s largest technology investor private. The billionaire now owns more than a third of the company he founded, after aggressive buybacks in the last two months reduced SoftBank’s outstanding stock ...

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