Morning News: June 12, 2024

OPEC+ Producers Are Caught Between Diverging Oil Forecasts

The World Will Be Swimming in Excess Oil by End of This Decade, IEA Says

G-7 to Call on China to Stop Helping Russia’s War in Ukraine

EU to Impose Additional Tariffs on EV Imports From China

Umicore Slashes Guidance After Slower EV Demand Hits Battery-Materials Business

Uniper Wins $14 Billion Arbitration Ruling Against Gazprom

Far Right May Irk EU in €500 Billion Investment Push, Scope Says

FedEx to Lay Off up to 2,000 Employees in Europe Amid Cost-Cutting Efforts

U.K. Economy Slows, Underlining Government’s Challenges as Elections Loom

Peso Gets Crushed as Investors Worry Sheinbaum’s Win Was Too Big

Fed Officials Eye Key Inflation Metric Hours Before Rate Decision

Biden Nears Pick for Next F.D.I.C. Chair

JPMorgan Risk Swap Ends Up at a Familiar Place: Rival Banks

US Money Funds Look Past Reform Angst Thanks to High Rates

The Tiny Trades That Brought Down Segantii’s Giant Hedge Fund

GameStop Raises Over $2 Billion After Roaring Kitty Rally

McKinsey Boss’s Next Big Consulting Project: His Own Firm

Asia’s Family Office Frenzy Comes With Plenty of Imposters

Explosive Cases Flow to US Supreme Court from ‘Bold’ Regional Court

I Spent a Day Down TikTok’s Disinformation Rabbit Hole

Paramount Can’t Stay Independent Long After Rebuffing Skydance

Why the Paramount Deal Talks Failed

Losing a Bridge Upends Life in Baltimore (and It May Soon Get Worse)

Buyers Snap Up Aging and Empty Office Buildings for Deep Discounts

More Than 75% of US Hotels Remain Short-Staffed

The World’s Most Online Male Gymnast Prepares for the Paris Olympics

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Posted by on June 12th, 2024 at 7:04 am


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