Stay informed with free updatesSimply sign up for the oil and gas industry's myFT Digest – delivered straight to your inbox.Dozens of the world's largest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies after 26 major leaks of the planet-warming gas were discovered over Kazakhstan, Egypt and Algeria.The Oil and Gas Climate Initiative, whose members include Shell, Saudi Aramco and ExxonMobil, told the Financial Times that it plans to expand the year-long monitoring campaign, which ended in August 2023, to include seven or eight new countries. She claimed that the campaign…
Author: ricardofrancois
STOCKTON — As polls closed in California on Super Tuesday, Jim Hicks stood watching in the parking lot of a community center as election officials in red jackets retrieved ballots from a drop box.He shook the handle of the metal container when they were done to make sure it was closed and he peeked his head into the white truck that was carrying the ballot boxes that would be taken to the San Joaquin County Registrar of Voters to be counted. Jim Hicks, far right, stands at Kennedy Park Community Center in Stockton as polls close on March 5. (Mackenzie…
Apple is looking to collaborate with Google on a mega deal to leverage the Gemini AI model for features on the iPhone, Bloomberg reported. This will put Google in a leadership position as the company already has a deal with Apple as the preferred search engine provider on iPhones for the Safari browser. The publication quoted people familiar with the matter as saying that Apple is looking to license AI technology from Google to offer AI-powered features with iOS updates later this year. In addition, the company has also been in discussions with OpenAI to potentially use GPT models, Bloomberg…
An employee checks the exterior sheathing using a spirit level in a modular house at the Tophat factory in Fosston near Derby, UK, on Tuesday, September 12, 2023.Bloomberg | Bloomberg | Getty ImagesThe idea of using pre-assembled components in building homes is not new at all.According to experts, modern versions of modular housing supported by technology promise a faster and more sustainable solution to the housing crises. But the sector has seen better adoption in some countries than in others where it has failed to expand – such as the UKPrefabrication has existed in many forms, from the defenses used…
Welcome to FT Asset Management, our weekly newsletter about the movers and shakers behind a global multi-trillion dollar industry. This article is the on-site version of the newsletter. Sign up here to have it sent straight to your inbox every Monday. Do the format, content, and tone work for you? Let me know: harriet.agnew@ft.com Why JPMAM Bet on Active ETFsThe hot areas in asset management at the moment are cryptocurrencies and passive investing. At an event in London last week, George Gatch, CEO of JPMorgan Asset Management, explained why he doesn't do business with either, columnist Katie Martin writes. JPMAM,…
About 970 million registered voters are expected to cast their votes to choose India's next Prime Minister.Sajjad Hussein | AFP | Getty ImagesIndia is set to hold the world's largest general elections starting April this year, with nearly a billion voters set to exercise their franchise.The seven-phase electoral process will begin on April 19 and continue until June 1, 2024, according to the schedule announced by the Election Commission of India. There are about 970 million registered voters in the country.The Bharatiya Janata Party, led by Indian Prime Minister Narendra Modi, is expected to win more than the 272 seats…
Good morning. Today is the last day of winter. With the advent of spring comes a gift to American capitalism and the American dream: the end of brokers' de facto fixed commissions of 6 percent on home sales. The settlement of the lawsuit against the American Association of Realtors appears to have stopped this egregious bit of anti-competitive collusion, or at least made it more difficult. Send more reasons to be cheerful: robert.armstrong@ft.com.Prices will matter again before long The market doesn't seem to care much about interest rates at the moment. This is interesting, because not that long ago —…
This article is part of the FT Globetrotter's guide to Vancouver“My goal is to educate and entertain from a culinary and cultural perspective,” declared Robert Song when we met him at the Dr. Sun Yat-sen Classical Chinese Garden in Vancouver’s Chinatown. The park was built in 1986 on the centenary of the city's birth to commemorate its Chinese residents. More than 50 craftsmen came from Suzhou, China to build the Ming Dynasty garden, bringing with them nan wood, eucalyptus, ginkgo, handmade tiles, and stone pebbles. Song (who goes by Bob), 72, is a third-generation Chinese Canadian (his family immigrated to…
High-rise residential and commercial buildings are being constructed near Dongyu Road, Qiantan, in the Pudong New Area of Shanghai, China, on March 15, 2024. norphoto | norphoto | Getty ImagesBEIJING – China's economic data for the first two months of the year beat analysts' expectations across the board on Monday.Retail sales rose 5.5%, better than expectations for a 5.2% increase in a Reuters poll, while industrial production increased 7%, compared with estimates of 5% growth.Investment in fixed assets rose by 4.2%, more than analysts' expectations of 3.2%.The unemployment rate in February for cities was 5.3%.Online retail sales of physical goods…
A man was killed and a woman and four children were injured Sunday afternoon in a rollover crash on Interstate 10, fire officials said. Authorities said the accident occurred between two cars near the Hoover Street ramp on Route 10 West in the University Park area.A man was found dead at the scene, and a 29-year-old woman and four boys were taken to a trauma center for treatment, according to the Los Angeles Fire Department. One boy, 3 months old; The others are 6, 7 and 10 years old. Officials said they were in serious or critical condition. The accident,…