Shell CEO pay up 50% as soaring energy prices boosted profit
The pay package for Shell’s CEO jumped by half last year to nearly $12 million.
Business
March of the unicorns: Israel’s tech sector rebels against Netanyahu ‘power grab’
Proposals to neuter the country’s judiciary have spooked entrepreneurs who had seemed immune to the political weatherAbout 20 years ago, the skyline of Tel Aviv began to change. The city’s collection of elegant white Bauhaus buildings has been joined b…
March of the unicorns: Israel’s tech sector rebels against Netanyahu ‘power grab’
Proposals to neuter the country’s judiciary have spooked entrepreneurs who had seemed immune to the political weatherAbout 20 years ago, the skyline of Tel Aviv began to change. The city’s collection of elegant white Bauhaus buildings has been joined b…
Parts of HS2 to be delayed or cut as ministers prepare to reveal rising costs
At least £2bn extra needed for London-Birmingham section as inflation fuels yet more budget overruns on troubled rail projectMinisters have repeated their commitment to a high-level £96bn rail plan drawn up last year, but less is likely to be built for…
Mine collapse in northeastern Spain leaves 3 workers trapped
Authorities in Spain say that three workers are trapped 900 meters (3,000 feet) underground in a potash mine in the northeastern Catalonia region.
Software firm WANdisco suspends shares amid ‘fraudulent irregularities’
Questions raised over viability after company says revenue for 2022 could plunge from reported $24m to $9mThe British software company WANdisco has discovered “potentially fraudulent irregularities” in its sales and revenue, and has asked for its share…
China criticizes Dutch plan to curb access to chip tools
China has criticized the Netherlands for joining Washington in expanding curbs on Chinese access to technology to make processor chips that Western governments say might be used in weapons or to commit human rights abuses.
North Sea’s biggest energy producer says UK windfall tax wiped out surge in profit
Harbour Energy says it had to cut jobs and investment after setting aside $1.7bn to cover windfall tax costs until 2028The North Sea’s biggest producer has hit out at the windfall tax on oil and gas companies after claiming a near 700% surge in profits…
National Grid pays high price for gas-generated power during UK cold snap
Electricity system operator struggled to keep lights on during one of the coldest weeksNational Grid paid some of the highest prices this winter for gas-generated power on Tuesday night as it scrambled to keep the lights on during one of the coldest we…
Thursday briefing: The mystery of the Nord Stream sabotage – and who may be responsible
In today’s newsletter: In September divers planted explosives on the Russian gas pipeline – this is what German investigators now say about what happenedSign up here for our daily newsletter, First EditionGood morning. The story goes like this: last Se…