Live News Live News: European heavy industry set to cut gas use with costs set to sort; Live register falls by 1.2 per cent
The data firm stated that it expects up to 9.5 billion cubic meters of annual demand to be permanently lost due to shuttered output and energy-efficiency measures. 11.30 - Stripe-backed TrueLayer loses unicorn status after latest funding round Tech firm TrueLayer, which is backed by Tiger Global and Stripe, has seen its valuation drop by as much as 30 per cent after its latest funding round, according to Bloomberg.
Amit Patel, who was jailed for 78 months in March for stealing more than $22 million from the Jacksonville Jaguar, is suing FanDuel for ignoring its own responsible gaming protocols and “actively and intentionally targeted and preyed” on him with incentives to feed his addiction.11.
The International Longshoremen's Association workers union had been seeking a 77 per cent raise while the employer group, United States Maritime Alliance , had previously raised its offer to a nearly 50 per cent hike. Safety and consumer overseer, the Irish Aviation Authority , proposes allowing the air traffic control body to increase its fees over the next five years.
09.30 - Oil prices little changed amidst Middle East conflict Oil prices were little changed this morning, but remained on track for strong weekly gains, as investors weighed the prospect of a wider Middle East conflict disrupting crude flows against an amply supplied global market. However, soon after the tickets went on sale, consumers reported various issues including Ticketmaster’s"dynamic pricing" model which hiked ticket prices, long queues and technical issues with the website.09.00 - Markets Update The Iseq All Share opened in the green this morning, rising 0.26 per cent in early trading to 9,532.11.
08.30 - Wetherspoon's annual profit jumps on resilient demand British pub group JD Wetherspoon revealed its sales growth slowed in its financial year to date, after the company logged a near 74 per cent jump in annual profit on resilient customer demand and pub disposals. Bank of Ireland said it is seeing cases where customers receive an SMS pretending to be from the government saying they are eligible for a discounted bill under the new energy credit. However, this is just the first step in a scam designed to get the consumer to hand over their personal banking details.08.