By Makiko Yamazaki TOKYO (Reuters) – Japan’s net external assets rose to a record 471.3 trillion yen ($3 trillion) in 2023, increasing for a sixth straight year, as a weak yen and overseas[...]
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May 27, 2024
BP, Shell and EOG vie for acreage in Trinidad’s oil and gas auction
By Curtis Williams HOUSTON (Reuters) – Trinidad and Tobago received six bids from BP, Shell and US shale producer EOG Resources on four blocks to explore for oil and gas as its 2023 shallow wate[...]
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Stellantis to introduce Italy-made hybrid versions of Fiat 500 EV, Jeep Compass
By Giulio Piovaccari MILAN (Reuters) -Fiat owner Stellantis said on Monday it would build a hybrid version of its 500e small electric car at its Mirafiori plant in Turin, Italy, amid a slowdown in ele[...]
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Aeromexico temporarily suspends Mexico City-Quito route
MEXICO CITY (Reuters) – Mexican carrier Aeromexico is temporarily suspending its route from Mexico City to the Ecuadorean capital of Quito, the airline said on Monday. The route will be suspende[...]
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Exclusive-Nokia to supply 5G radio equipment to Portugal’s MEO, sources say
By Abhinav Parmar and Supantha Mukherjee (Reuters) – Nokia is set to win a contract to supply 5G radio equipment to Portuguese telecoms operator MEO, according to an internal Nokia blog post and[...]
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Italy’s Benetton plans restructuring as losses mount, sources say
By Elisa Anzolin MILAN (Reuters) – Italy’s Benetton family is readying plans to address mounting losses at its eponymous clothing retailer, including parting ways with CEO Massimo Renon af[...]
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Brazil inflation expectations to improve over time, says central bank chief
(Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Monday that policymakers believe inflation expectations should stabilize and improve over time, after recently citing co[...]
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Meta adds safety features to CrowdTangle in bid to address EU concerns
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms has added safety features to its misinformation tracking tool CrowdTangle for use during European Parliament elections in an attempt to allay[...]
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Oil rises 1% ahead of inflation data after downbeat week
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose over 1% in muted trade owing to public holidays in Britain and the United States after a downbeat week characterised by the outlook for U.S. int[...]
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