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TotalEnergies CEO says Europe should negotiate with US for free trade of LNG

TotalEnergies CEO Patrick Pouyanne said on Wednesday that European countries should negotiate to obtain a free trade guarantee on liquefied natural gas (LNG) from the United States. The comments come as U.S. President Donald Trump imposed sweeping tariffs on Chinese imports, which led to Beijing imposing a 15% levy on U.S. LNG and 10% on U.S. crude oil in retaliation on Tuesday.

Reuters 10 minutes ago

Japan may see LNG demand up if renewables are slow; Canada there to deliver, officials say

Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said. Japan's domestic LNG demand continued to fall last year, dropping by 0.4% to 66 million tons due to a weaker economy, a growing share of renewable energy, and nuclear power plant restarts. Yuya Hasegawa, a division director at Japan's Ministry of Economy, Trade and Industry (METI), told a conference in Tokyo that there is an expectation that power demand will expand due to the growth of data centres in the country.

Top Korea Listing in Years Flops in Debut as IPO Fever Cools

(Bloomberg) -- South Korea’s biggest new listing in more than two years got off to weak start as LG CNS Co. fell on its Seoul trading debut after a 1.2 trillion won ($821 million) initial public offering.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityTransportation Memos Favor Places With Higher Birth and Marriage RatesWhen French Co

TotalEnergies beats expectations for fourth-quarter profit, signals stronger 2025

PARIS (Reuters) -French oil major TotalEnergies beat expectations for fourth-quarter earnings on Wednesday as higher trading profits in the gas market helped it offset some of the impact of low oil prices and weak fuel demand. The results beat expectations for $4.2 billion, according to an analyst consensus compiled by LSEG. The company said it expects higher gas prices, upstream production and power sales in early 2025.

European AI startups raised $8 billion in 2024

In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment firm Revaia, and advisory firm Chausson Partners teamed up to create the French AI Report, which looks at the current trends in the

AMD stock slides despite Q4 earnings beat, strong Q1 forecast

AMD announced its Q4 earnings on Tuesday, beating on the top and bottom lines.

Alphabet stock tumbles after cloud revenue miss, spending growth

Google reported its Q4 earnings after the bell Tuesday, missing on cloud expectations.

Nvidia sell-off hasn't rocked this bull looking for a nearly 60% pop in the AI darling

Why one of Wall Street's biggest Nvidia bulls isn't budging on his call despite fresh fears.

Microsoft's Bill Gates issues this key reminder to Nvidia bulls

Delivering on high expectations won't be getting any easier for market darling Nvidia, Bill Gates warns.

Trump tariffs to hit tech heavyweights, chip giants could be next

President Trump's 10% tariffs on goods out of China will hit tech giants, and chips could be next.

Bill Gates reminder on Intel struggles: One can get 'annihilated' if you miss a turn in the market

It will be tough for Intel to fix itself, Microsoft co-founder Bill Gates says.

Trump says new US sovereign wealth fund could play role in TikTok rescue

Donald Trump on Monday said that a newly created US sovereign wealth fund could play a part in his attempt to rescue TikTok from a US ban.

Bill Gates: There's a possibility quantum computing will become useful in 3 to 5 years

Microsoft co-founder Bill Gates weighs into the controversy surrounding the pace of quantum computing development.

Microsoft co-founder Bill Gates on trying acid, the future of AI, and Trump’s healthcare focus

Microsoft co-founder Bill Gates takes Yahoo Finance inside his childhood and shares what he thinks is the next big thing in tech.

Apple earnings top Wall Street forecasts while iPhone, China sales fall short

Apple reported its Q1 2025 earnings after the bell Thursday, beating on expectations, but falling short on iPhone sales.

Chinese chip makers, cloud providers rush to embrace homegrown DeepSeek

Chinese companies, from chip makers to cloud service providers, are rushing to support DeepSeek's artificial intelligence models, spurring analysts to hail a "watershed moment" for the industry. Moore Threads and Hygon Information Technology, which makes AI chips and looks to compete with Nvidia, said on Monday their computing clusters and accelerators would be able to support DeepSeek's R1 and V3 models. "We pay tribute to DeepSeek," Moore Threads headlined its post on WeChat, adding that progress by the firm's models using domestically made graphic processing units (GPU) could "set on fire" China's AI industry.

Equinor raises 2030 oil output target, beats Q4 profit view

LONDON/OSLO (Reuters) -Equinor on Wednesday raised its 2030 oil and gas output forecast and scaled back plans for renewable energy capacity expansion, while reporting a smaller-than-expected decline in profit for the final quarter of 2024. The Norwegian oil and gas producer said its adjusted earnings before tax for the October-December period fell to $7.90 billion from $8.56 billion a year earlier. However, that beat the $7.71 billion expected in a poll of 24 analysts compiled by Equinor.

Oil slides amid rising US crude inventories, Sino-US tariff war

Oil prices declined on Wednesday as rising stockpiles in the U.S. and market worries about a new Sino-U.S. trade war offset President Donald Trump's renewed push to eliminate Iranian crude exports. Brent crude futures were down 21 cents, or 0.28%, at $75.99 a barrel by 0701 GMT. Prices rebounded, however, after Trump restored the "maximum pressure" campaign on Iran to curtail its nuclear programme he enacted in his first term that cut Iranian crude exports to zero.

Panasonic Shares Jump Most in 11 Years on Restructuring Plans

(Bloomberg) -- Shares of Panasonic Holdings Corp. soared 15% on its plans to overhaul personnel and trim underperforming businesses, part of a shift into high-margin areas like powering AI data centers.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityTransportation Memos Favor Places With Higher Birth and Marriage RatesWhen French Comm

Alphabet Slides After Cloud Sales Fall Short of Expectations

(Bloomberg) -- Google parent Alphabet Inc. posted fourth-quarter revenue that missed analysts’ expectations after growth in its cloud business slowed, raising concern from investors about the billions the company is spending on artificial intelligence. Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityTransportation Memos Favor Places W

$Colombia's Petro calls for sale of Ecopetrol fracking operations in US$

Colombia's Petro calls for sale of Ecopetrol fracking operations in US

BOGOTA (Reuters) -Colombian President Gustavo Petro on Tuesday called for the sale of state oil firm Ecopetrol's fracking operations in the United States to invest in clean energy. The leftist leader's request was made to his minister of mines and energy, Andres Camacho, in an unusual live broadcast of a cabinet meeting. "I want this operation to be sold in order to invest in clean energy in Colombia, to be discussed technically, and economically," he said.