Weaker Than Expected News Today

US stocks closed higher on Friday following the release of a weaker-than-expected non-farm payrolls report for last month.

French spirits group Rémy Cointreau predicted sales would remain stable in financial year 2023-2024, disappointing investors.

This was announced during a regulatory filing with the Securities and Exchange Commission. Company President Greg Tomb was terminated by Zoom, eight months after being hired.

A Swedish investigation into the Nord Stream pipeline leaks in the Baltic Sea claims to have confirmed that “detonations” caused the explosions that damaged the pipelines last week

A White House statement following the OPEC+ decision to defy the Biden administration with an output cut for November vows to find new ways to temper OPEC’s control over energy prices

A shortage of LNG carriers has sent spot charter rates into the stratosphere as the ongoing natural gas supply squeeze persists

With three of four pipelines delivering Russian natural gas to Europe now offline, Hungary is the only EU member still receiving gas from Russia

Due to weak demand in China, Chinese companies are reselling excess LNG from the United States to Europe for massive profits