By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 3% to a one-week high on Wednesday as hopes for an improved global economic outlook and concern over the impact of sanctions on Russian crude outp[...]
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Middle East
Oil edges higher as petroleum demand set to touch record next year
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged slightly higher on Tuesday as the U.S. government forecast record global petroleum consumption next year and as the dollar hovered at se[...]
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Capricorn ready to add Palliser nominees to board
By Shadia Nasralla LONDON (Reuters) -Capricorn Energy said on Monday it was ready to add “a number” of people put forward by activist investor Palliser to its board while it pursues a merg[...]
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Oil rises over 1% on demand optimism as China’s borders reopen
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 1% on Monday after China’s move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession concerns.[...]
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Rebounding EM stocks pass “bull market” threshold
LONDON (Reuters) – Fast-charging emerging market stocks were entered so-called “bull market” territory on Monday, as another China-driven surge in Asia’s biggest bourses pushed[...]
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Meta’s Oversight Board tells company to allow ‘death to Khamenei’ posts
By Katie Paul (Reuters) – Meta’s Oversight Board on Monday overturned the company’s decision to remove a Facebook post that used the slogan “death to Khamenei” to critici[...]
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SK On says it is undecided whether to proceed with battery venture with Ford, Koc
SEOUL (Reuters) – South Korean electric vehicle battery maker SK On said on Monday it has not decided whether to pursue a battery cell venture in Turkey with Ford Motor Co and Koc Holding AS, af[...]
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Google Cloud to support Kuwait’s digitisation drive
DUBAI (Reuters) – Google Cloud has formed a strategic alliance with the Kuwaiti government to support digitisation efforts across the country’s public sector, the company said on Friday. M[...]
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Take Five: Welcome to 2023
LONDON (Reuters) – A potential shift by the world’s most dovish major central bank, inflation pressures abating, a turn in the economic outlook and oil markets suffering their biggest tumb[...]
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