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HomeAll NewsMost read newsBusiness Leaders Biography
Birthday : 08/19/1967
Public asset : 281,372,163 USD
Biography : Satya Nadella is Chairman & Chief Executive Officer at Microsoft Corp. and Chairman for The Business

EMEA Morning Briefing: Stocks to Extend Gains, -2-

11/30/2021 | 12:26am EST

The agency is planning to move rapidly to take action on a request by the companies to authorize boosters for 16- and-17 year olds, according to a person familiar with the matter. So far, only people 18 years and older are eligible for boosters.

BP Plans Green Hydrogen Project in U.K. to Power Heavy Transport

BP PLC on Monday unveiled plans for a major green hydrogen production project in the U.K.'s Teesside industrial hub to provide fuel for trucks and other forms of heavy transport.

The HyGreen Teesside project in northern England could provide 500 megawatts of electricity for hydrogen production by 2030, the oil-and-gas company said. The facility is to be developed in multiple stages, and BP is aiming to start production by 2025 with an initial phase of around 60 megawatts. A final investment decision on HyGreen Teesside is expected in 2023, BP said.

Iran Doubles Down on Demands as Nuclear Talks Resume

VIENNA-Iran made many demands as it resumed talks Monday with the U.S. and other world powers aimed at salvaging the 2015 nuclear deal, doubling down on its position before negotiations first started in the spring and raising doubts over an early breakthrough.

The talks, taking place in the Austrian capital amid a strict coronavirus lockdown, are intended to agree on the steps Iran and the U.S. will take to return into compliance with the 2015 deal, which lifted most international sanctions on Tehran in exchange for strict but temporary restrictions on Iran's nuclear work.

Turkey's Lira Crisis Exposes Reliance on Imported Energy

Turkey's currency crisis has exposed a key weakness in its economy: a near total dependence on imported energy to keep households warm and factories humming.

Turkey is surrounded by some of the world's richest reserves of fossil fuels, in the Middle East and Central Asia, but produces little oil, gas or coal of its own. The country imports 93% of the oil and 99% of the gas it consumes, a vulnerability when energy prices in dollars climb and the lira slides.

Omicron Variant Drives Rise in Covid-19 Hospitalizations in South Africa Hot Spot

JOHANNESBURG-The emergence of the Omicron variant of the coronavirus in South Africa has driven a sharp increase in Covid-19 hospitalizations in the country's hot-spot province over the past two weeks, although fewer patients are being treated for severe disease than in previous surges, the country's National Institute for Communicable Diseases said.

There has also been an unusually high number of hospitalizations of children under 2 years old around the capital, Pretoria, where cases started rising first, although some of these may be precautionary, the institute said.

FDA Moving to Authorize Pfizer-BioNTech Booster for 16-, 17-Year-Olds

The Food and Drug Administration could authorize Covid-19 boosters from Pfizer Inc. and BioNTech SE for use in 16- and 17-year olds as soon as next week as concerns rise over a new, possibly more transmissible variant, according to a person familiar with the planning.

The agency is planning to move rapidly to take action on a request by the companies to authorize boosters for 16- and-17 year olds, according to a person familiar with the matter. So far, only people 18 years and older are eligible for boosters.

Lululemon Hits Back at Peloton, Sues Over Allegedly Copied Designs

Lululemon and Peloton used to make workout clothes together. Now, they're locked in a legal battle.

The first lawsuit came last week, when Peloton Interactive Inc. pre-emptively sued Lululemon Athletica Inc. in the Southern District of New York, asking a federal court to declare that it didn't infringe on Lululemon's designs.

FTC Asks Amazon, Walmart for Information About Supply-Chain Issues

The Federal Trade Commission is seeking information from Amazon.com Inc., Procter & Gamble Co., Walmart Inc. and others about how they are handling supply-chain snarls, part of a study into whether the problems have led to anticompetitive behavior and higher prices.

The document request isn't part of any law-enforcement action, the FTC said in a press release. Instead, the agency said it is looking to understand the reasons behind the widespread supply-chain problems that have crimped economic growth.

Microsoft's Satya Nadella Sells Half of His Shares in the Company

Microsoft Corp. Chief Executive Satya Nadella sold about half of his shares in the company last week, according to a federal securities filing.

In the filing last week with the U.S. Securities and Exchange Commission, the Redmond, Wash.-based software company reported Mr. Nadella sold 838,584 shares over two days, down from close to 1.7 million shares.

Write to sarka.halas@wsj.com

Expected Major Events for Tuesday

00:01/UK: CBI Service Sector Survey

05:30/NED: Oct PPI

05:30/NED: Oct Retail turnover

06:00/FIN: 3Q GDP

07:00/NOR: 3Q Credit Indicator C3

07:00/NOR: Oct Credit Indicator C2

07:00/DEN: Oct Unemployment

07:00/DEN: 3Q Preliminary GDP

07:00/TUR: 3Q GDP

07:45/FRA: Oct Housing starts

07:45/FRA: Oct Household consumption expenditure in manufactured goods

07:45/FRA: Oct PPI

07:45/FRA: Nov Provisional CPI

07:45/FRA: 3Q GDP - detailed figures

08:00/SPN: Oct Retail Sales

08:00/SWI: Nov KOF economic barometer

08:00/CZE: 3Q GDP

08:55/GER: Nov Labour market statistics (incl unemployment)

09:00/GER: Nov Brandenburg CPI

09:00/BUL: Oct PPI

09:00/POL: 3Q GDP

09:00/ICE: 3Q GDP

09:00/ITA: 3Q GDP

10:00/MLT: Oct PPI

10:00/CRO: Oct Industrial Production Volume Index

10:00/CYP: Oct PPI

10:00/GRE: Oct PPI

10:00/GRE: Sep Turnover Index in Retail Trade

10:00/ITA: Nov Provisional CPI

10:00/ITA: Nov Cities CPI

10:00/LUX: Oct PPI

10:00/CRO: Oct Retail trade

10:00/EU: Nov Flash Estimate euro area inflation

11:00/POR: Oct Retail trade

11:00/POR: 3Q GDP

11:00/POR: Oct Industrial production index

14:00/BEL: 3Q Final GDP

16:59/SPN: Sep Monthly Balance of Payments

16:59/BEL: Oct PPI

All times in GMT. Powered by Kantar Media and Dow Jones.

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This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

11-30-21 0026ET