Category Archives:
China quietly increases purchases of low-priced Russian oil
By Chen Aizhu and Florence Tan SINGAPORE (Reuters) - China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, fillin...
May 20, 2022
Inflation crimps Indian firms as rural millions cut spending
By Krishna N. Das and Aftab Ahmed NEW DELHI (Reuters) - Surging inflation is forcing many poor Indians to rein in spending, threatening a slowdown for companies such as Godrej Appliances which saw bum...
May 20, 2022
Marketmind: Batten down the hatches
A look at the day ahead in markets from Saikat Chatterjee. Markets are starting to buckle in a week where the world's top central bank issued its most dire warning yet on the need to kill surging infl...
May 20, 2022
Valero, contractors fined for violations related to worker’s death in 2021
(Reuters) - Valero Energy and three contractors have been fined a total $1.75 million for safety violations related to a worker's death on Nov. 12, 2021 at its 145,000 barrel-per-day refinery in Benic...
May 20, 2022
M&C strikes deal with Fifteen in rebuff to biggest investor
LONDON (Reuters) -The independent directors of M&C Saatchi have agreed a deal to sell the British advertising company to consultancy Next Fifteen Communications, saying it offered a superior outcome t...
May 20, 2022
UK retail sales jump unexpectedly in April
LONDON (Reuters) -British retail sales jumped unexpectedly in April, official data showed on Friday, but the outlook for consumer spending remained resolutely downbeat as the cost-of-living crunch int...
May 20, 2022
Analysis-Fearing Russian cutoff, German industry braces for gas rations race
By John O'Donnell and Christoph Steitz FRANKFURT (Reuters) - German big business is drafting a plan to use an auction system to help ration available supplies in the event Russia cuts off its gas, alt...
May 20, 2022
JPMorgan targets more of Germany’s Mittelstand economic engine
By Tom Sims FRANKFURT (Reuters) - JPMorgan Chase & Co plans to make further inroads in Germany by targeting more of the medium-sized firms that form the backbone of Europe's largest economy, executive...
May 20, 2022
Musk denies he sexually harassed flight attendant on private jet
OAKLAND (Reuters) - Billionaire Elon Musk took to Twitter late on Thursday to denounce as "utterly untrue" claims in a news report that he had sexually harassed a flight attendant on a private jet in ...
May 20, 2022
Richemont profit and sales jump, discussions about YNAP continue
ZURICH (Reuters) -Luxury goods group Richemont said on Friday discussions about its 'Luxury New Retail' partnership should be concluded "in the near future", after strong American demand for its jewel...
May 20, 2022
Peoria, IL, USA
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