Category Archives:
TC Energy shuts two compressor stations on NGTL due to Alberta wildfires
(Reuters) - TC Energy said it completed the shutdown of two compressor stations on the NOVA Gas Transmission Ltd. (NGTL) System and a gas storage facility on Saturday that were near wildfires in Edson...
Jun 12, 2023
European shares rise at open, all eyes on central bank meetings
(Reuters) - European shares edged higher on Monday at the start of a week packed with major central bank policy meetings, while shares of Swiss drugmaker Novartis rose after it agreed to buy U.S.-base...
Jun 12, 2023
Nigeria’s small businesses feel squeeze after petrol subsidy scrapped
By Hamza Ibrahim KANO, Nigeria (Reuters) - In a small factory in Nigeria's northern Kano city, Muhammad Khamis Umar stares at stacks of plastic products that have not been sold for over a week since n...
Jun 12, 2023
JPMorgan expects Turkey central bank to lift rates to 25% on June 22
LONDON (Reuters) - JPMorgan said on Monday it expects Turkey's central bank to hike interest rates to 25% from the current 8.5% at its June meeting, adding this could come with forward guidance sugges...
Jun 12, 2023
Taiwan set to hold rates steady as inflationary pressure eases, exports remain weak: Reuters poll
TAIPEI (Reuters) - Taiwan's central bank is expected to leave its policy rate unchanged this week, according to most economists polled by Reuters, as inflationary pressures ease and the island's expor...
Jun 12, 2023
Bank of England can’t rule out more rate rises, MPC’s Haskel says
LONDON (Reuters) -The Bank of England may need to raise interest rates more than once from their current level of 4.5% to bring inflation under control, Monetary Policy Committee member Jonathan Haske...
Jun 12, 2023
Oreo-maker Mondelez faces Nordic backlash over Russia business
OSLO (Reuters) - Mondelez International, facing a widening corporate boycott in the Nordic region over its continued presence in Russia, said late on Sunday it had asked to meet with the Norwegian gov...
Jun 12, 2023
Glencore, automakers to back $1 billion nickel, copper SPAC deal in Brazil
LONDON (Reuters) -Global miner Glencore, Chrysler parent Stellantis and Volkswagen's battery unit PowerCo have agreed to back a $1 billion deal by blank-cheque fund ACG Acquisition Company to buy two ...
Jun 12, 2023
Explainer-UBS has Swiss mountain to climb with Credit Suisse
By Tomasz Janowski, Oliver Hirt and John Revill ZURICH (Reuters) - With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated rescue ...
Jun 12, 2023
Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue
ZURICH (Reuters) - UBS Group's takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, became official on Monday. The closing of the tie-up marks the final ...
Jun 12, 2023
Peoria, IL, USA
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