Britain is considering state loans for energy companies that take on customers from firms which go bust due to soaring wholesale natural gas prices, Business Secretary Kwasi Kwarteng said on Tuesday. As economies reopen after COVID-19 lockdowns, wholesale natural gas prices in Europe have soared this year, pushed up by high demand for liquefied natural gas in Asia, nuclear maintenance and lower than usual supplies from Russia. Britain's biggest energy companies have asked the government for support to help cover the cost of taking on customers from firms that have gone bust due to soaring wholesale gas prices.
Senior Macau casino and junket executives met with authorities in the world's biggest gambling hub on Monday seeking details on proposed regulatory changes but received little in the way of clarity. It was attended by Sands China, Wynn Macau, Galaxy Entertainment, MGM China, Melco Resorts and SJM Holdings. Macau authorities have identified nine areas of potential change including having government representatives supervise daily casino operations, the number of licenses, better regulation and employee welfare.
The Bell Gardens Police Department is asking for the public's help after video showed a man bear hug a woman and appear to force her back into a car before driving away.