Fortescue says it will control its own destiny and rely on its own electrolyser technology after US hydrogen company Plug withdrew from a Gladstone factory partnership.AUD -0.1% to 71.08 US centsIn New York: BHP -1.9% Rio -1.5% Atlassian +2.1%Spot gold +0.02% to $US1929.59/oz at 12.49pm in New YorkUS prices as of 12.54pm in New YorkGoldman Sachs Group slashed compensation for its chief executive officer David Solomon by 29 per cent to $US25 million for 2022, the bank said in a filing Friday.
The pan-European STOXX 600 climbed for the second straight day, adding 0.2 per cent, and posted weekly gains.M fell 4 per cent as the world’s second-biggest fashion retailer reported a much larger-than-expected drop in operating profit for the September-to-November period.Commodities Still, a sanguine demand outlook is supporting prices, with US oil holding near $US80. Chinese officials said that domestic tourism is close to 90 per cent of pre-pandemic levels, while analysts at JP Morgan ChaseCo said in a note that a spate of refinery outages and the upcoming ban on Russian oil products will tighten global fuel supplies.
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