Category Archives:
Global gasoline cracks collapse, blow to refiners’ profits
By Mohi Narayan, Laura Sanicola and Shadia Nasralla (Reuters) - A sudden crash in global gasoline prices in the past two weeks has dented refiners' profits, pushing up inventories in key trading hubs ...
Jul 25, 2022
Italy preparing stimulus package worth up to $13.3 billion – Treasury official
ROME (Reuters) - Italy is preparing a new stimulus decree worth up to 13 billion euros ($13.3 billion) to help families and firms deal with a surge in electricity, gas and petrol costs, deputy Economy...
Jul 25, 2022
BOJ new board member says exit from easy policy will become focus if wages rise
TOKYO (Reuters) - The Bank of Japan's new board member Naoki Tamura said on Monday an exit from the central bank's ultra-easy monetary policy will become a focus of discussion once wages begin to rise...
Jul 25, 2022
Turkish lira on slow slide in search of FX relief
By Nevzat Devranoglu ANKARA (Reuters) - The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about the government's foreign exchange poli...
Jul 25, 2022
Japan slashes fiscal year GDP growth f’cast to 2.0% on global demand slump
By Daniel Leussink TOKYO (Reuters) - Japan's government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia's war in Ukr...
Jul 25, 2022
Pound struggles around $1.20 on economy worries
LONDON (Reuters) - Sterling held around the $1.20 level versus the U.S. dollar on Monday as traders worried about the outlook of the British currency after recent dismal data before a widely expected ...
Jul 25, 2022
Refinitiv says it is investigating potential service issue
ZURICH (Reuters) - Financial information provider Refinitiv said SIX Swiss Exchange data was not updating on Monday and it was investigating the cause. It said the incident affected customers globally...
Jul 25, 2022
Toyota cancels Harrier SUV orders due to production delay – Nikkei
TOKYO (Reuters) - Toyota Motor Corp has cancelled some orders of the Harrier sports utility vehicle due to production disruption caused by the COVID-19 lockdown in Shanghai, the Nikkei business daily ...
Jul 25, 2022
Thailand probing potential losses for users of crypto platform Zipmex
BANGKOK (Reuters) - Thailand's Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex tem...
Jul 25, 2022
Lufthansa ground staff to go on strike on Wednesday – union
BERLIN (Reuters) - Ground staff at German flagship carrier Deutsche Lufthansa will stage a strike on Wednesday amid a wage dispute, further adding to travel disruptions during the busy summer travel s...
Jul 25, 2022
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