US Homebuilder Confidence at 7Month High in Nov, Survey

NAHBWells Fargo housing market index rises to 46, highest since April Republican election sweep boosts builder optimism for regulations supportive for industry Industry faces challenges from labor shortages, high materials costs, and mortgage rates Nov 18 Reuters U.S. homebuilder sentiment rose to a sevenmonth high in November and expectations for sales in the next six […]
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European Oil Giants Step Back from Renewables Path

BP cuts London hydrogen team, halts 18 projects Shell scales back lowcarbon push Equinor reviews renewables operations, cuts projects LONDON, Nov 18 Reuters Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on lowcarbon power. The British company is now trying to return to […]
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UK Creates new Businesses at Slowest Rate since 2010

LONDON, Nov 18 Reuters Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longerterm economic growth and productivity, according to official data published on Monday. The number of new businesses started in the United Kingdom fell to 316,000 in 2023 from 337,000 in 2022, the Office for […]
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