By Andrea Shalal and Jorgelina do Rosario WASHINGTON/LONDON (Reuters) -U.S.-based investment firm BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress o[...]
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Middle East
How sanctions complicated day-to-day banking for Russians
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Financial sanctions against Russia have strangled its banks’ profits and wrecked many lenders’ international operations,[...]
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Oil steady on mixed U.S. economic data, crude inventory growth
By Laila Kearney NEW YORK (Reuters) -Oil prices fluctuated in a narrow range on Thursday as the market weighed mixed U.S. economic signals and prospects for a Chinese demand recovery with a build in U[...]
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Sticky inflation prompts EBRD to trim 2023 growth outlook for its region
By Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for[...]
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Oil little changed as market discounts big U.S. crude storage build
By Scott DiSavino NEW YORK (Reuters) -Oil futures were flat to lower on Wednesday as the U.S. dollar strengthened and investors worried that rising interest rates would slow the economy and cut fuel d[...]
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Resurgent China to drive 2023 oil demand, supply shortfall possible in H2 -IEA
By Noah Browning LONDON (Reuters) -China will make up nearly half of this year’s oil demand growth after it relaxed its COVID-19 curbs, the International Energy Agency (IEA) said on Wednesday, b[...]
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Elon Musk says end-2023 ‘good timing’ to find new Twitter head
By Yousef Saba DUBAI (Reuters) – Twitter Chief Executive Elon Musk said on Wednesday that towards the end of 2023 would be “good timing” to find someone else to run Twitter, when he[...]
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Oil settles 1% lower as market braces for more supply from U.S. reserve
By Shariq Khan BENGALURU (Reuters) -Oil prices settled more than 1% lower on Tuesday after the United States said it would boost supply in the market by releasing more crude from its Strategic Petrole[...]
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Fund managers rush into emerging stocks and cut cash – BofA survey
LONDON (Reuters) -Investors turned more optimistic about the global economy in February, flocking to emerging market stocks and cutting their cash holdings to levels last seen since before the war in[...]
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