Category Archives:
Saudi Arabia eyes OPEC+ production increase -WSJ
(Reuters) - Saudi Arabia and other OPEC oil producers are discussing an output increase, the Wall Street Journal reported on Monday, citing the group's delegates. An increase of up to 500,000 barrels ...
Nov 21, 2022
Energy windfall improved Algeria’s economic position, says IMF
TUNIS (Reuters) - Higher energy prices have "materially improved" the Algerian economy's near-term outlook, the International Monetary Fund (IMF) said on Monday, adding that fiscal rebalancing is stil...
Nov 21, 2022
China to provide 200 billion yuan in loans to commercial banks for housing completions
BEIJING (Reuters) - The Chinese central bank will provide 200 billion yuan ($27.92 billion) in loans to six commercial banks for housing completions, deputy central bank governor Pan Gongsheng was quo...
Nov 21, 2022
Mexican president says considering options for central banker Esquivel’s future
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said Monday that he was considering "alternatives" for the country's central bank deputy governor Gerardo Esquivel, who lost a bid...
Nov 21, 2022
Factbox-World banks see global economy slowing more in 2023, with likely U.S. recession
(Reuters) - The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by a war and soaring inflation that triggered one of the fastest monetary...
Nov 21, 2022
Bank of Israel raises key rate by 1/2 point as inflation above 5%
JERUSALEM (Reuters) - The Bank of Israel on Monday raised its benchmark interest rate by half a point, the sixth straight meeting it has increased rates to try to cool inflation that remains above 5%....
Nov 21, 2022
Factbox-Aircraft lessors sue insurers for $6.5 billion over trapped Russian planes
LONDON (Reuters) - Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since Moscow's invasion of ...
Nov 21, 2022
Disney’s Bob Iger returns to lead post-pandemic revamp
(Reuters) - Bob Iger is returning as Walt Disney Co's chief executive officer in a bid to restore confidence in the entertainment giant and chart a faster path to profitability for its streaming busin...
Nov 21, 2022
Azerbaijan economy to hit record $76.5 billion this year – president
BAKU (Reuters) - Azerbaijan's GDP will reach a record 130 billion manat ($76.5 billion) by the end of 2022, President Ilham Aliyev said on Monday. Fuelled by high energy prices, Azerbaijan's oil and g...
Nov 21, 2022
Exclusive-Hedge fund Hestia wants Pitney Bowes to review capital spend, e-commerce segment
By Svea Herbst-Bayliss NEW YORK (Reuters) - Hestia Capital Partners LP, which scored big gains on its GameStop bet, is pushing shipping and mailing company Pitney Bowes Inc to re-evaluate its capital ...
Nov 21, 2022
Peoria, IL, USA
50 °F Partly cloudy
