Category Archives:
OPEC+ expected to proceed with production increase in Feb, sources say
LONDON (Reuters) - OPEC+ is expected to go ahead with a planned 400,000 barrel per day (bpd) oil production increase in February at its next meeting, three sources from the producer group told Reuters...
Jan 03, 2022
Drone attack on U.S. base foiled, Iraqi security sources say
BAGHDAD (Reuters) - Two armed drones were shot down on Monday as they approached an Iraqi military base hosting U.S. forces near Baghdad's international airport, Iraqi security sources said, reporting...
Jan 03, 2022
Euro zone factory growth stayed strong in Dec as supply issues eased -PMI
LONDON (Reuters) - Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on raw materials at...
Jan 03, 2022
Jet maker Safran plans 12,000 hires in 2022 as air traffic recovers
PARIS (Reuters) - Jet engine maker Safran believes the worst of the crisis in aviation caused by COVID-19 is over, and plans to hire 12,000 people worldwide this year to build its capacity back up, it...
Jan 03, 2022
Turkey inflation surges 36% amid lira crisis, highest since 2002
ISTANBUL (Reuters) -Turkey's annual inflation jumped far more than expected to 36.08% year-on-year in December, the highest since September 2002, data showed on Monday reflecting a plummet in value of...
Jan 03, 2022
Hyundai Motor targets 2022 global sales of 4.32 million vehicles
SEOUL (Reuters) - South Korea's Hyundai Motor Co said on Monday it has set its 2022 global sales target at 4.32 million vehicles, up about 8% from its 2021 target of 4 million vehicles. The South Kore...
Jan 03, 2022
Zurich Insurance to sell Italian life and pensions back book to GamaLife
ZURICH (Reuters) - Zurich Insurance has agreed to sell its Italian life and pensions back book to Portuguese insurance company GamaLife, the Swiss company said on Monday. The deal will release approxi...
Jan 03, 2022
Julius Baer to sell Wergen wealth management business
ZURICH (Reuters) - Julius Baer has agreed to sell Wergen & Partner Wealth Management to its management, the Swiss private bank said on Monday. Julius Baer, which acquired Zurich-based Wergen in Februa...
Jan 03, 2022
India’s Future Retail asks court to declare arbitration with Amazon illegal
By Aditya Kalra and Abhirup Roy MUMBAI (Reuters) - India's Future Retail has asked a New Delhi court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country's antitrust ...
Jan 02, 2022
Singapore Q4 home prices rise 5% q/q, most since 2010
SINGAPORE (Reuters) - Singapore's private home prices jumped 5% in the fourth quarter from the previous quarter, the most in over a decade, preliminary official data showed on Monday. For the whole of...
Jan 02, 2022
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
