Category Archives:
France’s TotalEnergies plans to spin off Canadian oil sands assets
By Nia Williams (Reuters) - TotalEnergies said on Wednesday it is looking to spin off its Canadian oil sands operations and list them on the Toronto Stock Exchange, as the assets do not fit with the F...
Sep 28, 2022
EU tells countries gas price cap would come with risks
By Kate Abnett BRUSSELS (Reuters) - The European Commission has warned EU countries that a broad cap on gas prices could be complex to launch and pose risks to energy security, amid calls from countri...
Sep 28, 2022
Citadel CEO says 60/40 portfolio more attractive after yields spike
NEW YORK (Reuters) - Recent increases in U.S. Treasury yields are set to improve the attractiveness of investment strategies such as the 60/40 portfolio, said Ken Griffin, the billionaire founder of C...
Sep 28, 2022
Fed’s Evans: expect to reach top Fed policy rate by March
By Dhara Ranasinghe and Jorgelina do Rosario LONDON (Reuters) - The Federal Reserve is raising interest rates expeditiously to address very high, persistent inflation, and will likely get U.S. short-t...
Sep 28, 2022
Exclusive-Lebanon to slash official exchange rate from Nov. 1, finance min says
By Laila Bassam, Timour Azhari and Tom Perry BEIRUT (Reuters) - Lebanon plans to slash its official exchange rate, replacing the 1,507 per dollar rate adopted 25 years ago with a rate of 15,000 in a s...
Sep 28, 2022
No U.S. officials injured in Iranian attacks on Iraq, State Dept says
WASHINGTON (Reuters) - No American officials were injured in Iranian missile and drone attacks on Wednesday that struck areas in the Kurdish region of northern Iraq, the U.S. State Department said on ...
Sep 28, 2022
IMF agrees $293 million financing for Barbados, first deal under new trust fund
WASHINGTON (Reuters) - The International Monetary Fund said on Wednesday that its staff has agreed on some $293 million in new financing for Barbados, including $183 million via a new trust fund creat...
Sep 28, 2022
Pekin native sticks with Florida during Hurricane Ian
GAINESVILLE, Fla. – A woman who still owns a home in Pekin but is currently in Florida, is experiencing her first hurricane as Ian barrels through. Angie Bennett spends most of her time in Clear...
Sep 28, 2022
Smith & Wesson marketed to ‘would-be mass shooters,’ Highland Park victims claim
By Brendan Pierson (Reuters) - Survivors of a mass shooting in July that killed six people and injured dozens in a Chicago suburb sued gunmaker Smith & Wesson Brands Inc on Wednesday, accusing it of d...
Sep 28, 2022
Exxon orders shale stand-down over rash of oilfield worker injuries
By Liz Hampton (Reuters) - Exxon Mobil issued a temporary "stand-down" across its U.S. shale operations last week following back-to-back worker injuries, including one fatality, according to people fa...
Sep 28, 2022
Peoria, IL, USA
38 °F Partly cloudy
