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European gas declines as buyers ready to cope with supply risk

Bloomberg Natural gas prices in Europe declined the most in a month with majors buyers in the region saying they can ride out the latest threat to Russian supply. Benchmark futures fell 9.2%, and posted a weekly loss. Russian shipments through Ukraine have dropped this week, but stayed broadly stable — near the lowest since late April — based on ...

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US Vice President Harris is breaking a whole lot of ties

Vice President Kamala Harris voted six times to break Senate ties this week. That brings her total to 23 ties broken, a record pace. She’s already third all-time, behind only John C Calhoun (31 from 1825-1832) and John Adams (29 from 1789-1797). What she’s voted on tells an important story about the Senate. None of it has been regular legislation. ...

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Is Tesco boss’s $3.9m bonus justified?

It’s hard to accept that Tesco Plc boss Ken Murphy deserves the full £3.2 million ($3.9 million) top-up he received in addition to his £1.5 million fixed pay for its last financial year. The award points to a badly designed bonus plan which can pay jumbo rewards on very crude metrics. The one good thing about Murphy’s bonus is that ...

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