Category Archives:
Abu Dhabi’s ADNOC, AI firm G42 plan IPO of technology joint venture AIQ -sources
By Hadeel Al Sayegh DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi artificial intelligence company G42 are having early discussions about a possible flotation of their joint ve...
Syndicated Content Jun 21, 2023
Asia stocks subdued after Powell testimony fails to surprise
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares made a tentative start to Thursday after Federal Reserve chair Jerome Powell stuck to his recent hawkish tone as investors assess the future rate p...
Syndicated Content Jun 21, 2023
Drought-hit Panama Canal further restricts maximum ship depth
By Elida Moreno PANAMA CITY (Reuters) - The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world's busiest trade passages, the canal authority's administr...
Syndicated Content Jun 21, 2023
Reformer fire quickly put out at Exxon Baytown, Texas, refinery – sources
HOUSTON (Reuters) - A fire on a reformer at Exxon Mobil Corp's 564,440 barrel-per-day (bpd) Baytown, Texas, refinery was quickly extinguished on Wednesday, said people familiar with plant operations. ...
Syndicated Content Jun 21, 2023
BOJ’s Noguchi: must keep easy policy to ensure wages keep rising
By Leika Kihara TOKYO (Reuters) - Bank of Japan board member Asahi Noguchi said on Thursday the central bank must maintain ultra-loose monetary policy to ensure wages, seen as key to driving inflation...
Syndicated Content Jun 21, 2023
Dollar weakens as Powell’s testimony offers little surprise; sterling steady
By Rae Wee SINGAPORE (Reuters) - The dollar languished near a one-month low against a basket of currencies on Thursday, after Federal Reserve Chair Jerome Powell stuck to his usual messaging at his se...
Syndicated Content Jun 21, 2023
Australia to decide fate of central bank chief in July
By Wayne Cole SYDNEY (Reuters) - The head of Australia's central bank will find out in July whether he will be reappointed to a second term, as customary, or pick a new leader to manage the biggest sh...
Syndicated Content Jun 21, 2023
Telecom Italia sounds out buyers for stake in enterprise unit -Bloomberg News
(Reuters) - Telecom Italia is restarting its efforts to sell a minority stake in its enterprise unit, potentially valued at more than 6 billion euros ($6.6 billion), Bloomberg News reported on Thursda...
Syndicated Content Jun 21, 2023
Brazil’s Senate approves government’s new fiscal rules
BRASILIA (Reuters) - Brazil's Senate on Wednesday approved fiscal rules proposed by President Luiz Inacio Lula da Silva's government, considered vital in preventing a surge in public debt. The project...
Syndicated Content Jun 21, 2023
Oil steady after surprise dip in U.S. crude stocks offsets demand fears
By Arathy Somasekhar (Reuters) - Oil prices held on to most of the previous day's gains in early trade on Thursday as markets weighed an unexpected draw in U.S. crude oil stocks against the prospect o...
Syndicated Content Jun 21, 2023
Peoria, IL, USA
63 °F Partly cloudy
