Category Archives:
China’s COVID-19 controls prompting EU firms to consider moving investments elsewhere -business group
SHENZHEN, China (Reuters) - European businesses in China are increasingly looking to shift their investments to other markets due to the country's strict COVID-19 containment measures and supply chain...
May 05, 2022
ArcelorMittal increases buyback program, sees global steel dip
By Marine Strauss BRUSSELS (Reuters) - ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it now forecast a slight contraction in global steel demand th...
May 05, 2022
Scottish Power, Storegga to develop green hydrogen for whisky makers
LONDON (Reuters) - Iberdrola-owned Scottish Power has partnered with low-carbon development firm Storegga to develop, build and operate green hydrogen production plants across Scotland, it said on Thu...
May 05, 2022
OPEC+ set to stick to modest oil output rises amid price rally
LONDON (Reuters) - OPEC+ will likely stick to modest oil output increases on Thursday arguing it is not responsible for geopolitics and supply disruptions while stressing its worries over the demand o...
May 05, 2022
ECB should not raise rates in July before Q2 GDP data: Panetta
MILAN (Reuters) - The European Central Bank should not raise interest rates in July, even though the inflation outlook suggests it can gradually reduce support for the economy, ECB board member Fabio ...
May 05, 2022
Lack of alternatives set to drive dollar dominance: Reuters poll
By Hari Kishan BENGALURU (Reuters) - The dollar will retain most of its recent gains for at least another six months, according to a Reuters poll of FX strategists who for years mostly held the view t...
May 05, 2022
Marketmind: The real balancing act
A look at the day ahead in markets from Saikat Chatterjee. Market reaction after the U.S. Federal Reserve's 50 basis-point interest rate rise was a classic case of "buy the rumour and sell the fact". ...
May 05, 2022
Battery-powered electric vehicles nearly double EU market share in Q1 – ACEA
FRANKFURT (Reuters) - Battery-powered electric vehicles (BEVs) almost doubled their market share in the European Union during the first quarter, industry data showed on Thursday, as the rollout of mod...
May 05, 2022
Running on hope, China markets want action, not more policy pledges
By Tom Westbrook SINGAPORE (Reuters) - Promises of policy support and a possible meeting between tech giants and China's leaders this week have helped stem a rout in the country's stock markets for no...
May 05, 2022
Siemens Gamesa’s keeps outlook under review as uncertainty persists
MADRID (Reuters) - Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges. It also confirmed disappointing preliminary se...
May 05, 2022
Thu May 14
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