the boss of equinor saying the energy of eduinor saying the energy is gf eguinor saying the energy ise than anticipated, so they are on renewables and reining aback on renewables and investing more in oil and gas. it not the right direction the 77 for the environment? we need to reframe the _ and - reframe the discussien and some of the —= has come up in particular that has cemeupeineparticular the uk and europe, in the uk and europe, where there this that there—isfthis feeling that fuels there—isthis feeling that fuels are bad fossil fuels are bad and renewables are good. the reality is all forms of energy are needed in order to supply are needed in orderto supply increased demand we see the increased demand we see globally. there are pros and 22:7—u 7 to renewable technologies the 77 the way 77 the way there 77 the way there are 77 the way there are two in the fame e thee ee �*a fuel in the fame e thee ee �** fuel technologies. fuel technolo . ies. ~ to be investing in this need to be investing in this stuff you renewable'stuff'npw: ypu are we need to make renewable'stuff'npw: ydu a

and the boss of oil giant equinor tells the bbc he's welcome to business today, i'm ben thompson. the bank of england cut interest rates today but warned there may be more pain ahead. to cut rates by a quarter of a percent to 4.5%. cut of half a percent. however what caught most people's attention was its forecast for the uk economy. it cut its growth forecast for 2025 from 1.5% to 0.75%. the bank of england's governor — andrew bailey — also warned inflation will rise, getting close chief european economist at pgim fixed income. good to you here. no great surprise we have that cut. surprise that we have that cut. a lot of people were expecting é lfit. fif efifielfififimfiesmflfi as always, é lfil. fif efifielfififimfiesmflfi as always, what é lfil fil efifielfififimfiesmflfi as always, what are it. as always, what people are is what could next. fnext. it doesn't make happen next. it doesn't make for attractive about today really was 5 today really was all right. today really was all how right. today really was all how does the bank of about how does the bank of see uk about how does the bank of from uk :..f.,

the technology giant is also reviewing some the norwegian energy giant equinor is halving investmentlong term contracts. and it's all taking place right here in america. other industrialised countries like germany and japan have also launched counter—plans, too. but there's no doubt that a new high—tech leader has emerged with big ambitions, deep pockets, and plenty of patience. google has become the latest big us firm to scrap its goals to recruit more workers from underrepresented groups. the decision to abandon the diversity, equity, and inclusion — or dei — recruitment targets comes after the company carried out an annual review of its corporate policies. the technology giant is also reviewing some the norwegian energy giant equinor is halving investment in renewable energy over the next two years while increasing oil and gas production. chief executive anders opedal said that the transition to lower carbon energy was moving slower than expected, costs had increased, and customers were reluctant to commit to long term contracts. the largest gathering of the night—time economy par

and the boss of oil giant equinor tells the bbc he's confident about a controversial new oil field inback on rewnewable investments. welcome to business today, live from new york. we start here in the us where markets have steadied after a volatile week driven by the on—and—off—again tariff regime of the trump presidency. across the pond in the uk, the bank of england has cut

and the boss of oil giant equinor tells the bbc he's confident about a controversial new oil field in the uk north sea, as the company pledges to cut back on rewnewable investments. welcome to business today, live from new york. we start here in the us where markets have steadied after a volatile week driven by the on—and—off—again tariff regime of the trump presidency. across the pond in the uk, the bank of england has cut all—importantjobs numbers out this time tomorrow. giving an earnings update after the bell. of yardeni research. let's start off with a which seems to be digesting a bunch of corporate earnings and which seems to be digesting a bur focus :orporate earnings and which seems to be digesting a bur focus :o goinge earnings and which seems to be digesting a bur focus :o going to arnings and which seems to be digesting a burfocus :o going to beings and which seems to be digesting a burfocus :o going to be later|nd which seems to be digesting a bu amazon going to be later|nd which seems to be digesting a bu amazon withg to be later|nd which seems to be digesting a bu amazo

his comments follow equinor�*s announcement that it was increasing oil and gas production by 10% at thedoes that make you think? first of all, when i hear "drill, baby, drill", the oil and gas business. but i think all oil and gas companies will always kind an investment programme, based on price signals. more wells will be drilled. you'll know that the courts have just ruled the consent fields — the consents they got were unlawful. how confident are you that they will ever go ahead? we welcome the ruling, particularly that we are now this is an important project for us. i think it provides localjobs in scotland, localjobs in uk. it provides growth. so, we think this project will move forward. the energy secretary in the uk is against it. is open for business. it was said at the investment summit. i think i said in that investment summit, yes, good. but then the regulatory framework needs to be and that kind of giving one constant one day the necessary consistency over time for long—term investment. interesting to hear that. sarah, back you. here at a school in sheffield have urged anyo

the boss of oil giant equinor tells the bbc he's as the company pledges to cut back on rewnewable investments— welcome to business today. by a quarter of a percent today to 4.5%. from their recent peak in august 2023. it comes at a difficult time as the uk economy stagnates, for policy makers.

equinor has said a two year delay to jackdaw will cost £800 million.enefit i can see is the £400,000 to labour ministers at a time of war in europe, threatened energy security, increased competition from the us and elsewhere. we should be getting british oil and gas out