Reuters - Squid Business

Democratic-led states could face tougher legal pathway to challenge Trump’s policies

By Nate Raymond (Reuters) – Democratic-led states that have vowed to challenge President-elect Donald Trump’s initiatives will face a tough legal landscape after his first-term appointments reshaped the judiciary, not only giving the U.S. Supreme Court a conservative supermajority but also diluting liberal judges’ influence on a key appeals court that often stymied his agenda. …

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Denmark issues construction permit for 240 MW offshore wind farm

By Nora Buli OSLO (Reuters) – The Danish Energy Agency has granted a construction permit for 240-megawatt (MW) Jammerland Bugt offshore wind farm, which is expected to start operating in 2029, developer European Energy said on Tuesday. The project is located in the Bay of Jammerland, on the western side of the island of Zealand. …

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Shell executive steps down to lead Orsted’s US offshore wind

By Ron Bousso LONDON (Reuters) – Shell’s head of renewables in the Americas Amanda Dasch will leave the company to join Danish offshore wind giant Orsted in January as head of its U.S. operations. The departure of the veteran executive comes shortly after Shell announced it will halt investments in new offshore wind projects as …

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Israel budget passes but vote shows cracks in Netanyahu’s coalition

By Steven Scheer JERUSALEM (Reuters) – Israeli lawmakers narrowly approved the country’s 2025 state budget in an initial vote despite a rebellion by one of Prime Minister Benjamin Netanyahu’s coalition partners demanding he fire Israel’s attorney general. The 59-57 vote in the Knesset, or parliament, to pass the wartime austerity budget in its first of …

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Sweden could take stake in new nuclear power plants, minister says

STOCKHOLM (Reuters) – Sweden is considering taking a stake in the new nuclear power plants it wants the private sector to build over the coming decades to meet an expected surge in demand for fossil-free electricity, the government said on Tuesday. “We haven’t closed the door to that,” Markets Minister Niklas Wykman told reporters on …

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Morning Bid: Bonds agitated as Fed meets, G7 politics rumble

A look at the day ahead in U.S. and global markets from Mike Dolan Even with another Federal Reserve interest rate cut this week baked in to market pricing, U.S. Treasury bonds appear anxious again about the year ahead – with political upheavals in Germany and Canada clouding the overseas picture. As the Fed meets …

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Exclusive-LG Energy Solution, India’s JSW discuss $1.5 billion battery venture, sources say

By Aditi Shah and Neha Arora NEW DELHI (Reuters) – South Korea’s LG Energy Solution is in talks with India’s JSW Energy to manufacture batteries for electric vehicles and renewable energy storage in a joint venture that would need an investment of over $1.5 billion, two sources told Reuters. The two companies have signed an …

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Soccer-Struggling Wolves agree deal to appoint Portuguese Pereira as coach – report

(Reuters) – Wolverhampton Wanderers have agreed a deal for Portuguese Vitor Pereira to become their new coach after the sacking of Gary O’Neil, Sky Sports reported on Tuesday. Pereira currently manages Saudi Arabian side Al-Shabab, who are sixth in the Saudi Pro League. His other managerial spells include Flamengo, Fenerbahce, Olympiakos and Porto, among several …

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Walmart teams up with delivery firm Meituan in bid to boost China e-commerce sales

By Casey Hall SHANGHAI (Reuters) -Walmart said on Tuesday it had formed a strategic partnership with Meituan under which the Chinese firm has begun providing delivery services for Walmart goods and the U.S. company will be featured on its popular app. The move will help Walmart accelerate its e-commerce business in China, which accounts for …

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Magnitude 7.4 earthquake hits Vanuatu, one reported dead

By Alasdair Pal and Kirsty Needham WELLINGTON (Reuters) -An earthquake of magnitude 7.4 struck Vanuatu’s capital Port Vila on Tuesday, damaging buildings and cars with at least one person reported killed. Vanuatu state broadcaster VBTC showed footage of vehicles crushed in a building collapse on a street lined with retailers. The broadcaster reported one person …

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