UPDATE 1-Petroecuador, PetroTal agree to move Peruvian crude through Ecuador

The Telegraph
Post Office lawyer who oversaw Alan Bates case refusing to co-operate with inquiry
A former top Post Office lawyer who oversaw Alan Bates’s High Court battle against the business is refusing to co-operate with the statutory inquiry.
The Telegraph
Drivers may struggle to buy petrol cars as garages face risk of £15k net zero fines
Car salesmen face a shortage of petrol vehicles under Rishi Sunak’s net zero crackdown, one of Britain’s biggest dealership chains has warned.
Yahoo Finance Video
What's driving consumer interest away from EVs?
Consumer interest in EVs has fallen for the first time in three years, according to the J.D. Power US Electric Vehicle Consideration Study. Some of the reasons cited in the study are concerns over charging infrastructure and range anxiety. Yahoo Finance Reporter Pras Subramanian joins Market Domination to break down the report and what it means for the EV market moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
The Telegraph
EY manager ‘was sacked after taking holiday for wedding’
EY has been sued by a former employee who claims he was sacked by the Big Four accountant after taking holiday for his wedding.
The Telegraph
How US-style tipping came to Britain – and sparked outrage from diners and drinkers
When L’Escargot, one of London’s oldest French restaurants, reopened after a refurbishment last year it wasn’t just the interiors that were different.
The Guardian
Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds
Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum
Birmingham Live
Tesco, Asda, Morrisons, Sainsbury's petrol stations given new '30 minute' rule
Tesco, Asda, Morrisons, Sainsbury's, BP, Texaco, Shell and Esso petrol stations face strict financial penalties with the new '30 minute' rule.
The Telegraph
US oil giant quits North Sea as Hunt refuses to scrap tax
The US oil giant Chevron has announced it will quit the North Sea after 55 years, the day after Jeremy Hunt turned down industry pleas for support at a private meeting.
PA Media: Money
More than three-quarters of people ‘dipping into pensions before retirement’
Scottish Widows said 78% of people with a defined contribution pension dipped into their pots early, withdrawing £47,000 on average.
Fool.co.uk
This £3 value stock could soar in the AI boom
This under-the-radar value stock could do well on the back of the huge global build-out of data centres in the years ahead, says Edward Sheldon. The post This £3 value stock could soar in the AI boom appeared first on The Motley Fool UK.
The Telegraph
Top NHS doctors failing to claim pension pay worth more than £40,000 a year
Thousands of doctors may be missing out on over £40,000 a year in unclaimed pension payments, analysis shows.
Business Insider
Warren Buffett's company reveals its mystery bet is a nearly $7 billion stake in insurance giant Chubb
Warren Buffett's Berkshire Hathaway built a 6.4% stake in Chubb in under nine months, and also slashed its Apple bet by 13% last quarter.
Birmingham Live
eBay announces new rules for UK sellers and buyers starting 'from June'
The website has written to consumers in the UK over the need to brush up on changes to its user agreement as we approach the sixth month of the year.
Sky video
Body Shop administrator to launch auction of stricken chain
The Body Shop’s administrators are to launch an auction of the chain after concluding that an alternative restructuring of one of Britain’s best-known high street retailers was not viable.
Herald Scotland
Dundee business in 75th year of trading put up for sale
Family bring long-established business to market with 'mixed emotions'
Benzinga
Can You Guess How Many Americans Have $2 Million Saved For Retirement? It's Probably Less Than You'd Expect
While retiring with a $2 million nest egg might seem rare, it’s closer to what many Americans now believe they need to retire comfortably. A survey from Northwestern Mutual reveals that Americans feel they need $1.46 million for a comfortable retirement, a number that has surged by 53% since 2020. This dramatic increase, influenced by inflation and growing financial pressures, suggests that a $2 million target may not be as far-fetched as it appears, especially for someone who is 60 and plans to
Associated Press Finance
Google wants judge, not jury, to decide upcoming antitrust case in Virginia
Google on Thursday asked that a judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising. To bolster its case, the tech giant wrote a multimillion-dollar check to the U.S. government that it says renders moot the government's best argument for demanding a jury trial. The antitrust case set to go before a jury in Alexandria, Virginia, in September is one of two major lawsuits the Justice Department has brought against Google.
Reuters
UPDATE 1-Swedish court rejects Tesla appeal in licence plate case
in the Nordic region, backing Swedish IF Metall's mechanics who have been on strike since last year, demanding a collective agreement covering wages and other conditions. to make access to licence plates for new vehicles more difficult.
Reuters
Exclusive-Anglo unveils hiring freeze, document shows, after rejecting $43 billion takeover bid
SYDNEY (Reuters) -Anglo American has suspended hiring globally, it said on Thursday, as it gets plans underway to simplify itself and build value - and avert a $43 billion takeover bid by Australia's BHP Group. Anglo laid out plans on Tuesday to refocus its company on energy transition metal copper while spinning out or selling its less profitable coal, nickel, diamond and platinum businesses, as it moves to fend off the world's biggest miner. "Having set out the results of our strategy review and the changes we will be making to our portfolio, this is an appropriate measure," an Anglo American spokesman told Reuters.
Reuters
Chinese overcapacity claims by US, Europe are 'trade protectionism', ministry says
China said on Thursday that U.S. and European assertions of excess capacity were "naked trade protectionism" and that efforts to constrain new energy exports from the World's No.2 economy would frustrate global efforts to tackle climate change. Growing alarm over Chinese industrial overcapacity flooding the European Union with cheap products is opening a new front in the West's trade war with Beijing, which kicked off with Washington's import tariffs in 2018. "A country cannot be labelled as having excess capacity just because it has more capacity than it needs," He Yadong, a Commerce Ministry spokesperson said.

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UPDATE 1-Petroecuador, PetroTal agree to move Peruvian crude through Ecuador

Latest stories

Post Office lawyer who oversaw Alan Bates case refusing to co-operate with inquiry

Drivers may struggle to buy petrol cars as garages face risk of £15k net zero fines

What's driving consumer interest away from EVs?

EY manager ‘was sacked after taking holiday for wedding’

How US-style tipping came to Britain – and sparked outrage from diners and drinkers

Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Tesco, Asda, Morrisons, Sainsbury's petrol stations given new '30 minute' rule

US oil giant quits North Sea as Hunt refuses to scrap tax

More than three-quarters of people ‘dipping into pensions before retirement’

This £3 value stock could soar in the AI boom

Top NHS doctors failing to claim pension pay worth more than £40,000 a year

Warren Buffett's company reveals its mystery bet is a nearly $7 billion stake in insurance giant Chubb

eBay announces new rules for UK sellers and buyers starting 'from June'

Body Shop administrator to launch auction of stricken chain

Dundee business in 75th year of trading put up for sale

Can You Guess How Many Americans Have $2 Million Saved For Retirement? It's Probably Less Than You'd Expect

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

UPDATE 1-Swedish court rejects Tesla appeal in licence plate case

Exclusive-Anglo unveils hiring freeze, document shows, after rejecting $43 billion takeover bid

Chinese overcapacity claims by US, Europe are 'trade protectionism', ministry says