Europe Gas Steadies After Three-Day Fall as Traders Watch Demand
Benchmark futures hovered around €33 a megawatt-hour on Tuesday after hitting a three-week low in the previous session.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
3 hours ago
- New York Post
Trump rolling back ‘trillion dollars' of Dem green car regulations
A trillion dollars worth of Obama-era greenhouse gas regulations for cars, trucks, and engines will be axed this year, along with the unpopular stop-start feature in vehicles, EPA boss Lee Zeldin plans to announce Tuesday. The EPA proposal to repeal the 2009 'Endangerment Finding' represents a major rollback of US climate action, and follows President Trump's Day One Executive Order, 'Unleashing American Energy.' It will be released for public comment before going into effect later this year. EPA boss Lee Zeldin is set to announce the proposal Tuesday. REUTERS 'With this proposal, the Trump EPA is proposing to end 16 years of uncertainty for automakers and American consumers,' said EPA Administrator Zeldin. 'Stakeholders have told me that the Obama and Biden EPAs twisted the law, ignored precedent, and warped science to . . . stick American families with hundreds of billions of dollars in hidden taxes every single year.' Zeldin claims the repeal will save Americans as much as $50 billion annually on cheaper cars by slashing greenhouse gas emissions standards on vehicles, including the Biden electric vehicle mandate. He was set to unveil the proposal in Indianapolis Tuesday with Secretary of Energy Chris Wright, Indiana Governor Mike Braun, Attorney General Todd Rokita, Rep. Jim Baird, the Indiana Motor Truck Association, and the National Automobile Dealers Association. 'We heard loud and clear the concern that EPA's greenhouse gas emissions standards themselves, not carbon dioxide which the Finding never assessed independently, was the real threat to Americans' livelihoods,' said Zeldin. 'If finalized, rescinding the Endangerment Finding and resulting regulations would end $1 trillion or more in hidden taxes on American businesses and families.' The repeal of the Endangerment Finding likely will face fierce legal challenges from blue states and climate activists. Another obstacle is the fact that Congress codified greenhouse gases as pollutants in 2022 in the so-called Inflation Reduction Act.
Yahoo
4 hours ago
- Yahoo
FNZ partners with Microsoft to enhance wealth management through technology
Wealth management platform FNZ has entered into a five-year global strategic partnership with Microsoft to advance the wealth management sector through technological innovation and AI-driven solutions. This collaboration merges FNZ's expertise in wealth management and its global presence with Microsoft's capabilities in AI, cloud infrastructure, and engineering. The integration of Microsoft Azure AI Foundry into FNZ's platform is expected to enhance interactions among financial institutions, advisors, and clients, providing more tailored and efficient digital wealth management experiences. FNZ anticipates that this partnership will enable quicker market introductions of new solutions, improve client outcomes, enhance advisor productivity, and foster innovation within the industry. Microsoft worldwide financial servicescorporate vice president Bill Borden said: 'Together, we are not just upgrading technology. We are setting a new standard for how wealth management is delivered. 'Partnering with Microsoft further advances our mission to open up wealth, by making investing more accessible to more people worldwide.' The collaboration aims to enhance the advisor and investor experience by integrating Azure AI Foundry capabilities and improving data analytics applications with Microsoft Fabric. It will also engage joint engineering initiatives to develop innovative digital wealth solutions. Additionally, FNZ plans to implement Microsoft 365 Copilot and intelligent agents to streamline operational processes. The partnership will also involve coordinated global marketing initiatives and participation in industry events to promote modular wealth solutions through various channels, including the Microsoft Marketplace. FNZ Group president Roman Regelman said: 'FNZ has always been at the forefront of innovation in wealth-management technology. 'Partnering with Microsoft allows us to accelerate our AI-led roadmap and enhances our ability to deliver personalised, intelligent and resilient solutions to our clients, strengthening our position of leadership.' FNZ currently partners with over 650 financial institutions, serves more than 26 million end investors, and manages nearly $2tn in assets. It is supported by major institutional investors such as Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, Generation Investment Management, and Motive Partners. "FNZ partners with Microsoft to enhance wealth management through technology" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 hours ago
- Yahoo
Earnings, Trade Outlook Lift Wall Street Pre-Bell; Asia Mixed, Europe Up
Wall Street futures again pointed to fresh all-time records pre-bell Tuesday, as traders digested a Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
