
Scotland’s Only Oil Refinery Will Close in 2025
Scotland’s only oil refinery is set to close as soon as 2025, dealing a blow to the local
2023-11-22 23:52

UK Holds Off on Big Cut to Planned Debt Sales, Weighing on Gilts
The UK kept its bond issuance plans little changed for the current fiscal year, surprising a market that
2023-11-22 22:45

Private Lenders Provide Record €4.5 Billion for Adevinta LBO
Private credit funds are providing a record €4.5 billion ($4.9 billion) loan to back the buyout of Adevinta
2023-11-22 22:27

UK Inclined to Order Probe into Abu Dhabi-Backed Telegraph Deal
The UK government is leaning toward ordering a probe into RedBird IMI’s proposed Telegraph deal, after the prospect
2023-11-22 21:59

Guenther Steiner to produce new hit ‘workplace comedy’ show
Haas boss Guenther Steiner is in line to be a producer on a new “single-camera workplace comedy” show on US broadcaster CBS. Steiner is a fan favourite among F1 fans, with his X-rated moments on Netflix’s Drive to Survive giving the Italian-American team principal a cult following. Now he will act as a non-writing executive producer for a comedy show in the early stages of development, according to Deadline. The fictional show will be set in sport, with the protagonist set to play a role as a team boss, based on Steiner. CBS is one of America’s biggest broadcast networks and has produced comedy series’ such as The Big Bang Theory and Everybody Loves Raymond. Steiner told The Independent in March that he is “not good at acting”, insisting the perception of him in Drive to Survive is authentic. “I just do my job and if they film it all that’s fine,” he said. “It’s all very transparent. We sometimes make a meal of things but very rarely. It’s real – and we can do that because our owner [Gene Haas] lets us do it. “I think the fact he’s American means he’s more open. I think people like the honesty too.” Steiner’s Haas team are currently bottom of the F1 constructors’ standings with one race to go this weekend in Abu Dhabi. Read More F1 Juniors broadcast an admirable idea – but all kids want to be is grown up Mick Schumacher returns to racing with Alpine in 2024 Lando Norris posts update from hospital after Las Vegas crash
2023-11-22 21:56

Corporate America Is Rethinking Diversity Hiring
The same conservative activists who helped gut race-related college admissions at the US Supreme Court have now set
2023-11-22 18:56

Andurand Says OPEC+ May Need Deeper Cuts as US Supply Surges
OPEC+ may need to announce deeper oil production cuts this weekend to offset surprisingly strong supply growth from
2023-11-22 18:53

Regulators Are Coming for Rule-Breaking Crypto Founders Like Binance’s CZ
Changpeng “CZ” Zhao has become the latest in a long line of crypto founders facing potentially significant legal
2023-11-22 18:27

TikTok Mulls Investing in Indonesia’s GoTo to Revive Online Shop
ByteDance Ltd.’s TikTok is in talks to invest into a unit of Indonesia’s GoTo Group, one of several
2023-11-22 18:16

Mick Schumacher returns to racing with Alpine in 2024
Mick Schumacher has been confirmed as a driver for Alpine in the World Endurance Championship next year. The 24-year-old has been present in the Formula 1 paddock this season as a reserve driver for Mercedes, driving in the simulator and providing cover for Lewis Hamilton and George Russell. The German driver, son of seven-time world champion Michael Schumacher, was dropped from his F1 race seat at Haas at the end of the 2022 season after two years but after experiencing a year without racing in 2023, Schumacher will race for Alpine in their Hypercar squad next season. “A new chapter is beginning for me with Alpine in the FIA WEC hypercar category,” Schumacher said. “The car is impressive, and I can’t wait to get started. “I’ve grown up with single-seaters, so driving a car with a closed cockpit and covered wheels is a great opportunity to hone my driving skills.” Schumacher recently completed a test for Alpine in their A424 hypercar as he takes his first racing steps outside single-seater cars. It is thought that any endurance racing would be in tandem with his role as a Mercedes reserve again next year, though Silver Arrows boss Toto Wolff is yet to formally confirm that Schumacher will be staying with the team. Schumacher added: “I sorely missed racing this year; it’s what I’ve loved to do since I was a kid, and it was sometimes difficult to watch the other drivers take to the track. “Endurance racing is a new challenge for me, and I’m sure we will share great moments together next year with Alpine.” Schumacher has been linked with the only F1 seat unconfirmed for next year - Logan Sargeant’s spot at Williams. However, it is likely that the American will be given another year at the wheel by Williams, particularly after his strongest qualifying performance of the season to date in Las Vegas at the weekend. Bruno Famin, vice-president of Alpine Motorsports, added of Schumacher’s addition: “With [team principal] Philippe Sinault, we wanted drivers who are not only fast and reliable but also showing a real team spirit and good racing acumen to best represent the Alpine colours in the premier category of the World Endurance Championship. “It might be [Schumacher’s] first foray into endurance, but his enthusiasm for the project and his will to join us are palpable. I’m sure he will be a real asset.” Schumacher will be present in the F1 paddock this weekend at the last race of the season in Abu Dhabi.
2023-11-22 18:16

Larry Summers Jumps to Center of AI Stage With OpenAI Board Seat
Late on Tuesday night, OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with
2023-11-22 17:16

Swedish Central Bank to Raise Interest Rates, SEB Survey Signals
A majority of respondents in SEB AB’s trading room survey believes the Riksbank will raise its benchmark rate
2023-11-22 16:57