FRANKFURT (Reuters) -The European Central Bank must raise interest rates to a level that starts to restrict growth and their peak will depend on how the economy responds to the most rapid policy tight[...]
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China’s Q4 growth slows to 2.9% y/y, beats expectations
BEIJING (Reuters) – China’s economy hit a bump in the fourth quarter, growing by 2.9% year-on-year, National Bureau of Statistics data showed on Tuesday, beating expectations but still und[...]
Read moreExclusive-Indian, European oil firms evaluating bids for Guyana blocks
By Marianna Parraga and Nidhi Verma HOUSTON/NEW DELHI (Reuters) – Guyana’s upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, ac[...]
Read moreHousehold wealth optimism collapses, global survey shows
By Mark John (Reuters) – Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust i[...]
Read moreFrench court dismisses complicity in war crimes charge against TotalEnergies – lawyers
PARIS (Reuters) – A French court has dismissed charges of complicity in war crimes against oil major TotalEnergies, lawyers for the NGOs who brought the charge said in a statement. In October, t[...]
Read moreAnalysis-Russia’s falling oil revenues could create vicious circle for budget, rouble
By Darya Korsunskaya (Reuters) – Russia’s attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the rouble higher and further[...]
Read moreForeign investors pour $925 million into Egypt since Wednesday
CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated last week, Egypt[...]
Read moreIndustry vs. Regulator – aviation heavyweights spar in Dublin
By Joanna Plucinska DUBLIN (Reuters) – Two of the leading figures in aviation sparred publicly about sustainability, airport disruption and how the war in Ukraine is impacting Europe’s ski[...]
Read moreFrance to push for ‘Made in Europe’ strategy at February EU summit
By Jan Strupczewski BRUSSELS (Reuters) – France wants the European Union to adopt a “Made in Europe” industrial strategy in response to the U.S. scheme of subsidies for green investm[...]
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