By David Lawder BENGALURU (Reuters) – Global finance leaders will tally the economic damage from Russia’s war in Ukraine on Friday as they meet on the conflict’s first anniversary wi[...]
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Middle East
Oil settles up 2% on tightening supply, demand concerns linger
By Laura Sanicola (Reuters) -Oil prices settled up 2% on Thursday on expectations of steep cuts to Russian production next month, but a stronger dollar and a sharper-than-expected jump in U.S. invento[...]
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Oil drops 3% as high inflation risks stoke demand worries
By Shariq Khan BENGALURU (Reuters) – Oil prices fell by $2 per barrel to their lowest in two weeks on Wednesday, as investors became more concerned that recent data will prompt more aggressive i[...]
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U.S. Supreme Court raises doubts about suit against Twitter over Istanbul massacre
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court justices expressed skepticism on Wednesday toward a lawsuit against Twitter Inc by the family of a Jordanian man killed in[...]
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British supermarkets confront their German discounting demons
By James Davey LONDON (Reuters) – Britain’s big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi[...]
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California pension fund asks to meet Norfolk Southern after Ohio derailment
By Isla Binnie and Simon Jessop NEW YORK (Reuters) – Major U.S. pension fund CalPERS is seeking a meeting with rail operator Norfolk Southern at which it plans to ask about the derailment of a t[...]
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Oil rises 1% on China demand hopes and supply concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 1% on Monday, buoyed by optimism over Chinese demand, continued production curbs by major producers and Russia’s plans to rein in supp[...]
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OPEC+ decisions not politicised, Saudi energy minister says
RIYADH (Reuters) – Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance[...]
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Oil settles down $2/bbl, ends week lower on Fed worries, ample supply
By Laura Sanicola (Reuters) -Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future U.S. interest rate hikes could weigh on demand and got nervous abo[...]
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