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South Korea needs Australian LNG with carbon capture, Santos CEO says
By Sonali Paul MELBOURNE (Reuters) - Santos Ltd urged South Korea on Thursday to invest in Australian gas combined with carbon capture and storage to help meet South Korea's needs until 2050. Australi...
Syndicated Content May 26, 2022
Apple to keep iPhone production flat in 2022 – Bloomberg News
(Reuters) - Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg News on Thursday, as China's COVID-19 curbs, global supply chain issues, and cooling d...
Syndicated Content May 26, 2022
Kuroda says BOJ can achieve smooth exit from loose money policy
By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so "won't be eas...
Syndicated Content May 26, 2022
UK must pay for household support without deterring investment – minister
By Muvija M LONDON (Reuters) - Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected...
Syndicated Content May 26, 2022
Russian central bank slashes key rate, sees room to cut further
(Reuters) -Russia's central bank lowered its key interest rate to 11% on Friday and said it saw room for more cuts this year, as inflation slows from more than 20-year highs and the economy is about t...
Syndicated Content May 26, 2022
Oil stocks lift European shares but rate-hike worries limit gains
(Reuters) - European shares opened slightly higher on Thursday, helped by energy stocks on the back of gains in oil prices, even though sentiment remained subdued as major central banks signalled cont...
Syndicated Content May 26, 2022
Australia’s Fortescue pursues quantum leap in green hydrogen quest
By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) - Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Aust...
Syndicated Content May 26, 2022
Marketmind: The R word
A look at the day ahead in markets from Sujata Rao Minutes from the Fed's last meeting indicated the U.S. central bank is not yet contemplating bigger, 75 basis-point rate rises. That, alongside softe...
Syndicated Content May 26, 2022
Global firms warn of sluggish China demand due to lengthy COVID curbs
By Josh Ye and Jane Lanhee Lee (Reuters) - Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers...
Syndicated Content May 26, 2022
Japan’s Toshiba brings in M&A adviser and activists in board overhaul
TOKYO (Reuters) - Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could in...
Syndicated Content May 26, 2022
Peoria, IL, USA
60 °F Partly cloudy
