Article
First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants
First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants
In a troubling overnight development that could further deepen the Gulf energy shock, especially in global LNG markets, a tropical cyclone has disrupted operations at three major Australian LNG facilities, which together account for roughly 8.4% of global supply. The timing is alarming: Iranian strikes have already knocked out about 17% of Qatar's LNG export capacity, with repairs potentially taking years. The Australian outages now add near-term supply risks for buyers, particularly in Asia and Europe, who are...
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May 4, 2026 / Tyler Durden
Cigna To Exit Obamacare In 2027 Amid Rising Costs
Cigna To Exit Obamacare In 2027 Amid Rising Costs
Authored by Mary Prenon via The Epoch Times,
The Cigna Group, one of the country’s largest health services and insurance firms, is joining others, including Aetna and UnitedHealthcare, in divesting its individual health exchange business.
By the end of 2026, Cigna Group will no longer offer insurance through the Affordable Care Act (ACA), also known as “Obamacare,” the company said during its April 30 earnings call.
According to its first-quarter earnings report, as of March 31, the company’s individual exchange business had 369,000 members...
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Apr 13, 2026 / Tyler Durden
Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years
Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years
Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected drop in FICC revenues. Here are Goldman's Q1 results in a nutshell:
EPS $17.55, exp. $16.41
Net revenue $17.23 billion, +14% y/y, exp. $16.95 billion
Equities sales &...
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May 9, 2026 / Tyler Durden
Austrian Hotel Defends Burkini Pool Ban As Hygiene Dispute With Muslim Guests Heads To Court
Austrian Hotel Defends Burkini Pool Ban As Hygiene Dispute With Muslim Guests Heads To Court
Authored by Thomas Brooke via Remix News,
A hotel in the Austrian city of Salzburg is defending its refusal to allow two women to use its pool while wearing burkinis, arguing that the decision was based on hygiene concerns rather than discrimination.
The case is now before the Salzburg Administrative Court after the operators of the hotel in Pongau appealed fines imposed by the district authority, according to Salzburger Nachrichten.
Boshra and Jasmina Amasha, two sisters from Upper Austria,...
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