UK Grid Says Tests to Cut Household Power Demand Are Working
Trials of a mechanism that asks UK households to curb electricity demand at peak times have shown consumers are willing to change behavior to save energy.
Bloomberg Business
City of London Workers Want to Make WFH From Abroad Easier, Survey Finds
Finance workers are pushing for simpler rules for cross-border remote working, the latest sign that the pandemic-fueled appetite for flexible work isn’t abating.
Peru Copper Mine Running Out of Storage Space in Threat to Production
One of the world’s top copper mines is running out of storage space, raising the risk of slowing or halting production in another threat to global supply of the metal.
Embraer in Talks to Sell Regional Jets to Singapore Air Unit
Embraer SA is in talks with Singapore Airlines Ltd. to supply its Scoot unit with regional jets, giving the low-cost subsidiary a smaller aircraft capable of serving more destinations in the region.
Poland’s Bid to Secure Access to EU Aid Moves to Parliament
Poland’s opposition expressed readiness to work with the ruling party on legislation to roll back a contested overhaul of the judiciary to access more than €35 billion ($37 billion) in European Union aid.
BOE Survey Suggests UK Households Less Sensitive to Rate Rises
Almost as many Britons want higher interest rates to boost their savings income as would rather have an interest-rate cut to keep debt costs under control, according to Bank of England data.
Applications to Buy US Homes Rise as Mortgage Rates Hold Steady
Applications to buy US homes resumed an upward trend last week as borrowing costs steadied near an almost three-month low.
AMC Will Offer Co-Brand Credit Card to Appeal to Meme Stock Crowd
AMC Entertainment Holdings Inc. said it will introduce a co-brand credit card next year that it designed for the meme-stock crowd.
US Credit-Card Delinquencies to Rise Next Year, TransUnion Says
US credit-card and personal-loan delinquencies are likely to rise in 2023 to the highest in a dozen years, with lenders cutting back on originations as a potential recession looms.
Corporate America Buys Back Fewer Shares as Recession Fears Rise
US companies are cutting share buybacks to conserve cash in the face of economic uncertainty, which threatens to add another weight to the equity market’s attempted rebound.
