Thames Water Parent Company Defaults on Debt; UK Rail Strikes Continue; Doctors Accept Improved Pay; Mixed Energy Trading Outlook

Thames Water's parent company Kemble Water has defaulted on its debt after missing an interest payment, initiating a potentially messy restructuring.

Train drivers strikes have brought services on 5 major UK rail lines to a halt over a pay dispute that has lasted 20 months.

Senior doctors in England voted to accept an improved pay offer from the government after rejecting a previous deal.

Shell expects lower profits from LNG trading but higher oil trading results in Q1 2023 compared to last quarter.

The US economy added a much higher than expected 303,000 jobs in March while unemployment dipped to 3.8%, reducing chances of rate cuts.