By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON (Reuters) -Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, ac[...]
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Middle East
Saudi inflation edges up to 3.3% in December
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data showed on Sunday, with price rises again driven mainly by housin[...]
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Qatar, UAE energy ministers say gas will be needed for long time
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) – The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the g[...]
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Oil posts biggest weekly gain since October on China hopes, dollar slump
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since October, as the U.S. dollar dropped to a seven-month low a[...]
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Investors snap up record $39 billion emerging market sovereign bond splurge
By Jorgelina do Rosario LONDON (Reuters) – Developing countries have sold a huge $39 billion of international bonds since the start of the year, with investors happy to pile into riskier debt as[...]
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Musk bets big on beating shareholders at ‘funding secured’ trial
By Jody Godoy and Tom Hals NEW YORK (Reuters) – Elon Musk is set to become the rare CEO to fight a securities class action at trial next week, where he will defend his 2018 tweet announcing he h[...]
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Oil up more than 1% on U.S. inflation data, demand optimism
By Laila Kearney NEW YORK (Reuters) -Oil prices gained about $1 a barrel on Thursday, supported by figures showing U.S consumer prices unexpectedly fell in December and by optimism over China’s[...]
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Ericsson’s provision for U.S. probe hints of smaller fine, shares jump
STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an expected fine from U.S. authorities for the breach of a settlement reach[...]
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Tesla investors argue Musk can receive fair ‘funding secured’ trial in San Francisco
By Tom Hals (Reuters) – A lawsuit alleging Elon Musk manipulated Tesla Inc’s stock in 2018 should go to trial next week and he will be able to find unbiased jurors in San Francisco, despit[...]
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