RWE CFO: hope to get details on power plant strategy before summer break

Associated Press
Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies
After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in the United States. Similar investments have been announced in other countries that share free trade agreements with the United States, including South Korea and Mexico.
The Telegraph
BMW attacks EU tariffs on Chinese electric car imports
BMW has accused the European Union of protectionism as Brussels prepares to hit imported Chinese electric cars with a wave of tariffs.
Manchester Evening News
Drivers told 'fill up sooner rather than later' amid petrol and diesel warning
The average price of a litre of petrol at UK forecourts fell from 150.1p on April 24 to 144.5p at the end of last week, but has stabilised since then
Barrons.com
Oil Gains on Reports of Substantial Fall in U.S. Inventory
Oil prices were edging higher as reports of a larger-than-expected draw in U.S. crude stockpiles signals solid demand during the summer driving season in the world's top consumer. Brent crude and WTI were both up 0.3% to $86.55 and $83.11 a barrel, respectively, after reaching their highest level in more than two months in the previous trading session. Crude inventories fell by 9.16 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Wednesday.
The Conversation
Cultural differences impede trade for most countries — but not China
It’s not just size. China’s pragmatic trade strategy, which prioritizes meeting the development needs of its trading partners, has played a key role, too.
Bloomberg
Oil Rallies to Two-Month High After US Crude Stockpile Decline
(Bloomberg) -- Oil closed at the highest in more than two months after a government report showed US crude inventories shrinking by the most in almost a year.Most Read from BloombergHouse Democrats Consider Demanding Biden Withdraw From RaceBiden Struggles to Contain Mounting Pressure to Drop Out of RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysUS Allies Say China Is Developing Attack Drones for RussiaZelenskiy Challenges Trump to Reveal Plans for Ending WarWest Texa
Simply Wall St.
Exploring Three Undervalued US Stocks With Intrinsic Discounts Ranging From 16.3% To 41.1%
As the third quarter of 2024 begins, U.S. stocks have shown resilience with modest gains despite ongoing concerns about interest rate policies and sector imbalances. In such a market, identifying undervalued stocks can offer investors potential opportunities for growth, especially when intrinsic values suggest significant discounts.
Simply Wall St.
Three Solid German Dividend Stocks Offering Up To 5.8% Yield
As global markets navigate through a period of uncertainty, Germany's DAX index has shown resilience with a modest rise of 0.40%, despite broader European market fluctuations and economic challenges. In this context, German dividend stocks emerge as potentially attractive options for investors seeking steady income streams in a landscape marked by heightened political and economic volatility. A good dividend stock typically combines robust fundamentals with a history of stable or growing...
Reuters
Crude falls as Hurricane Beryl fears fade
HOUSTON (Reuters) -Crude oil prices fell on Tuesday as fears faded that Hurricane Beryl would disrupt supplies as the storm will avoid most oil fields as it barrels toward Jamaica. Brent crude futures settled down 36 cents, or 0.42%, at $86.24 a barrel. Earlier on Tuesday, WTI rose $1 to $84.38 on fears Beryl might have a wider impact in offshore oil production areas in the U.S.-regulated northern Gulf of Mexico as U.S. demand for motor fuels is increasing.
Reuters
Spirit Aero chief in spotlight as Boeing searches for new CEO
Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus of investors to the planemaker's search for a new CEO. Boeing has been looking for a new head after Dave Calhoun said in March he would step down by year-end, in a broad management shakeup following a January mid-air panel blowout on a 737 MAX plane. Several potential candidates have emerged, including Patrick Shanahan, who has been running Spirit AeroSystems for the past nine months.
Bloomberg
China’s Plastics Boom Is Set to Create Another Trade Headache
(Bloomberg) -- A surge of Chinese plastic supply is threatening to overflow in the face of weak domestic demand, morphing into a fresh trade challenge for the rest of the world.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Hurricane Beryl Aims at Jamaica After Grenada StrikeTrump Immunity Ruling Means Any Trial Before Election Unlikely‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersUS Yields Fall as Powell Cites Disinflation
Lancashire Telegraph
Jay Slater ‘took person's £12K Rolex’ watch and left rental property ‘feeling scared’
Mark Williams-Thomas, a former police officer, has provided an update after speaking with family, friends, and witnesses.
OK! Magazine
This Morning fans all say the same thing over Britain's most-tattooed woman as she joins show in bikini
Britain's 'most tattoed mum' made an appearance on This Morning in nothing but a white bikini to show off all of her tattoos, but fans all say 'it's her choice'
OK! Magazine
Corrie's 'Curly' Watts unrecognisable as he lands new role 20 years after soap exit
Kevin Kennedy is most recognised for his role as Norman "Curly" Watts on Coronation Street, but now, the actor is preparing to make his return to the stage in an entirely new role
The Telegraph
Father of missing Jay Slater questions why two men took the teenager to their cottage
Jay Slater’s father has questioned why two grown men took his son to a remote cottage in Tenerife before he disappeared.
The Daily Beast
Daughter, Zara Tindall, ‘Shaken to the Core’ by Princess Anne’s Amnesia
Zara Tindall has been left “shaken to the core” by her mother Princess Anne’s mystery encounter with a horse which left her with a brain injury that has resulted in amnesia, according to a report.OK! Magazine says that Zara, 43, has been left freaked out by the incident which saw Anne, 73, also known as The Princess Royal, struck by a horse while she was out walking, alone, on Sunday, June 23, at her home, Gatcombe Park, in the Cotswolds.She was treated at the scene and then hospitalized for fiv
The Telegraph
Have the Houthis sunk a British warship? Here’s what actually happened
Yesterday afternoon the Iranian-backed militia in Yemen, the Houthis, claimed they had targeted four ships which they deemed to belong to the US/UK/Israel “trio evil”. According to the rapidly becoming famous Houthi spokesman Yahya Sare’e – the Comical Ali of the 2020s – “the British landing ship Anvil Point” was targeted and “the hit was accurate and direct. The ship was targeted by a number of cruise missiles.”
OK! Magazine
Ruth Langsford 'sends love' in touching message after heartbreaking loss
Ruth Langsford sent supportive words to her former Strictly Come Dancing co-star Gemma Atkinson after learning of her heartbreaking news
OK! Magazine
Prince Harry 'one of the most unpopular figures in the US' amid fresh controversy
A royal commentator has claimed that the Duke and Duchess of Sussex are "two of the most unpopular figures in the US" after Prince Harry's latest award received backlash
Hello!
Davina McCall turns heads with daring photo in racy string bikini
Davina McCall isn't shy of strutting her stuff in a fabulous bikini. See her latest swimwear display.

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RWE CFO: hope to get details on power plant strategy before summer break

Latest stories

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

BMW attacks EU tariffs on Chinese electric car imports

Drivers told 'fill up sooner rather than later' amid petrol and diesel warning

Oil Gains on Reports of Substantial Fall in U.S. Inventory

Cultural differences impede trade for most countries — but not China

Oil Rallies to Two-Month High After US Crude Stockpile Decline

Exploring Three Undervalued US Stocks With Intrinsic Discounts Ranging From 16.3% To 41.1%

Three Solid German Dividend Stocks Offering Up To 5.8% Yield

Crude falls as Hurricane Beryl fears fade

Spirit Aero chief in spotlight as Boeing searches for new CEO

China’s Plastics Boom Is Set to Create Another Trade Headache

Jay Slater ‘took person's £12K Rolex’ watch and left rental property ‘feeling scared’

This Morning fans all say the same thing over Britain's most-tattooed woman as she joins show in bikini

Corrie's 'Curly' Watts unrecognisable as he lands new role 20 years after soap exit

Father of missing Jay Slater questions why two men took the teenager to their cottage

Daughter, Zara Tindall, ‘Shaken to the Core’ by Princess Anne’s Amnesia

Have the Houthis sunk a British warship? Here’s what actually happened

Ruth Langsford 'sends love' in touching message after heartbreaking loss

Prince Harry 'one of the most unpopular figures in the US' amid fresh controversy

Davina McCall turns heads with daring photo in racy string bikini