OSI Systems to Present at Oppenheimer 19th Annual Industrial Growth Conference

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 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
Reuters
EU launches trade investigation into Chinese tinplate steel
BRUSSELS (Reuters) -The European Commission has launched an investigation into flat-rolled products of iron or steel plated or coated with tin from China to assess whether imports into the European Union are sold at excessively low prices. The Commission, which oversees trade policy in the 27-nation EU, launched the anti-dumping investigation following a complaint from European steel association Eurofer, the EU official journal said on Thursday. The investigation, along with another launched on Thursday into wood flooring imports, is the latest in a string of EU trade and subsidy probes into Chinese exports and the operations of Chinese companies in Europe, most notably an anti-subsidy investigation into electric vehicles.
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.
The Telegraph
Ben & Jerry’s owner to keep making Soviet-style ice cream despite pressure to quit Russia
Unilever will hang onto its Russian ice cream business despite plans to offload its frozen dessert brands.
The Guardian
British asylum housing tycoon breaks into Sunday Times rich list
Graham King, whose firm is paid £3.5m a day to accommodate arrivals in the UK, listed among country’s 350 richest people
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 Conversation
History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend
The early timing of Biden’s move, changing supply chains and national security fears suggest the tariffs might work this time, at least for a while.
Bloomberg
Cocoa Crisis Made Worse by Underpaying Farmers, Tony’s CEO Says
(Bloomberg) -- Cocoa’s record-breaking rally this year has been exacerbated by the long-term underpayment of farmers in key growers, according to ethical chocolate maker Tony’s Chocolonely.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingVoters Prefer Trump Over Biden on Economy. This Data Shows WhyUS Inflation Data Was Accidentally Relea
Business Insider
Elon Musk reportedly axed the entire Tesla Supercharger team after its division chief defied orders and said no to more layoffs
Musk has since begun rehiring some of the workers from the Supercharger team.
CityAM
Eurostar leaves Brexit woes behind with plans for 50 new trains
Eurostar has will invest in up to 50 new trains as it ramps up capacity on the Channel Tunnel ahead of a possible new competitor.
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.
Bristol Live
2024 Rich List with family at top, Dyson in fifth and royal 15th
The Duke has also been named the richest person under 40
Reuters
PRESS DIGEST- Wall Street Journal - May 16
The following are the top stories in the Wall Street Journal. - Microsoft is asking hundreds of employees in China to consider transferring outside the country amid a rise in tensions between Washington and Beijing around critical technology like cloud computing and artificial intelligence. - International Business Machines is selling to Palo Alto Networks its cloud-based QRadar cybersecurity software as the two technology companies deepen their partnership in jointly selling and developing security products powered by artificial intelligence.
My London
Rishi Sunak and wife Akshata Murty's wealth leaps to £651m according to Sunday Times' Rich List
Their fortunes have gone up by more than £120 million
Reuters
Toyota tests new EV pickup truck ahead of mass production in Thailand
Toyota Motor is testing the new battery-electric Hilux pickup truck to assess its performance in different conditions as the car maker prepares to manufacture the vehicle in Thailand by the end of 2025, an executive said on Thursday. Pickup trucks make up more than half of total vehicle sales in Thailand, a critical market for Toyota that has been flooded by a wave of Chinese electric vehicle makers and where the Japanese auto giant has a large manufacturing base. "Our intention is to be producing the Hilux BEV over here," Pras Ganesh, executive vice president of Toyota Motor Asia told Reuters on the sidelines of the Future Mobility Asia summit, referring to the battery-electric vehicle.
Greenock Telegraph
Tele Motoring: Used car sales at highest for five years
Used car sales in the first quarter (Q1) of 2024 were the highest for the start of a year since 2019
Simply Wall St.
Exploring Three Dividend Stocks In May 2024
As global markets display resilience, with indices like the S&P 500 approaching record highs amidst a backdrop of economic recalibration and cautious investor sentiment, it's an opportune moment to consider the stability offered by dividend stocks. In light of recent market dynamics, a good dividend stock typically combines reliable payouts with strong business fundamentals, making them potentially attractive in uncertain economic climates.
The Guardian
Sharp rise in cost of British lamb in UK due to rising demand and import issues
Cold and wet weather also thought to have led to more lambs dying in early season, as Morrison drops 100% British lamb pledge

FTSE 100

FTSE 250

AIM

GBP/EUR

GBP/USD

Bitcoin GBP

CMC Crypto 200

S&P 500

DOW

CRUDE OIL

GOLD FUTURES

NIKKEI 225

HANG SENG

DAX

CAC 40

9 houses with great-looking gardens

OSI Systems to Present at Oppenheimer 19th Annual Industrial Growth Conference

Latest stories

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

What's driving consumer interest away from EVs?

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

EU launches trade investigation into Chinese tinplate steel

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

Ben & Jerry’s owner to keep making Soviet-style ice cream despite pressure to quit Russia

British asylum housing tycoon breaks into Sunday Times rich list

This £3 value stock could soar in the AI boom

History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

Cocoa Crisis Made Worse by Underpaying Farmers, Tony’s CEO Says

Elon Musk reportedly axed the entire Tesla Supercharger team after its division chief defied orders and said no to more layoffs

Eurostar leaves Brexit woes behind with plans for 50 new trains

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

2024 Rich List with family at top, Dyson in fifth and royal 15th

PRESS DIGEST- Wall Street Journal - May 16

Rishi Sunak and wife Akshata Murty's wealth leaps to £651m according to Sunday Times' Rich List

Toyota tests new EV pickup truck ahead of mass production in Thailand

Tele Motoring: Used car sales at highest for five years

Exploring Three Dividend Stocks In May 2024

Sharp rise in cost of British lamb in UK due to rising demand and import issues