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U.S. fuel prices surge faster than crude as exports tighten market
By Stephanie Kelly NEW YORK (Reuters) - U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has shipped more refined products abroad to supply European ma...
Syndicated Content May 06, 2022
Payback time, Italy seeks to lessen COVID loan burden
By Valentina Za, Giuseppe Fonte and Francesco Zecchini MILAN (Reuters) - Gianni Polidori served a final espresso in his freshly renovated cafe in the Italian port of Ancona at the end of March. Since ...
Syndicated Content May 06, 2022
Malaysia aims to regain palm oil market share in EU amid global shortage
KUALA LUMPUR (Reuters) - Malaysia, the world's second largest palm oil producer, on Friday said it plans to leverage the global edible oil shortage and "political tension in Europe" to regain market s...
Syndicated Content May 06, 2022
Analysis: Banks face reversal of fortune from war and ‘great depression’
By Sinead Cruise and John O'Donnell LONDON/BERLIN (Reuters) - Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank money that kept them ...
Syndicated Content May 06, 2022
SpaceX capsule splashes down, bringing 4 astronauts home from 6-month mission
By Steve Gorman (Reuters) -The third long-duration astronaut team launched by SpaceX to the International Space Station (ISS) safely returned to Earth early on Friday, splashing down in the Gulf of Me...
Syndicated Content May 05, 2022
Exclusive: CATL planning EV battery production in United States, vetting sites – sources
By Christoph Steitz and Ben Klayman (Reuters) - CATL, the world's largest battery maker, is in the final stages of vetting sites in the United States to build electric vehicle batteries, an investment...
Syndicated Content May 05, 2022
Analysis: Buckle up, say traders as Wall Street’s wild ride shows no sign of end
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A massive two-day swing in U.S. stocks highlights a trend that some market participants believe will be a hallmark for months to come: intense volatility. The...
Syndicated Content May 05, 2022
U.S. unemployment rate expected to fall to 3.5% in April, job gains to slow
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. unemployment rate likely dropped to its pre-pandemic low of 3.5% in April, while job growth moderated to a still brisk pace amid widespread worker sho...
Syndicated Content May 05, 2022
Wrangle over EU carbon market revamp threatens climate targets
By Kate Abnett BRUSSELS (Reuters) - Officials and lawmakers negotiating an overhaul of the EU carbon market are struggling to reach a compromise over plans to levy CO2 costs on suppliers of polluting ...
Syndicated Content May 05, 2022
Asian shares slide after Wall Street frets over rate hike consequences
By Alun John HONG KONG (Reuters) - Asian shares tumbled on Friday while the U.S. dollar and Treasury yields rose in a reversal of a day earlier after investors expressed concerns that rising interest ...
Syndicated Content May 05, 2022
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