Category Archives:
OPEC+ supply cuts loom over already tight oil market
By Shadia Nasralla, Ron Bousso and Julia Payne LONDON/GENEVA (Reuters) - OPEC+ producers look set to cut output when they meet on Wednesday, squeezing supply in an oil market that energy company execu...
Oct 04, 2022
Explainer-What is LDI? Liability-Driven Investment strategy explained
By Huw Jones LONDON (Reuters) - The Bank of England intervened in the UK government bond market to rein in gilt yields, which rocketed after Britain unveiled a welter of tax cuts to be funded by borro...
Oct 04, 2022
Colombia’s central bank could raise benchmark interest rate further
BOGOTA (Reuters) - Further increases to Colombia's benchmark interest rate may be necessary in the coming months as the central bank tries to bring inflation in line with its 3% target, according to m...
Oct 04, 2022
Republican U.S. Senate hopeful Herschel Walker denies report he paid for abortion
WASHINGTON (Reuters) - Republican U.S. Senate candidate Herschel Walker, who has said he opposes abortion with no exceptions, has denied a media report that he paid for a girlfriend's abortion in 2009...
Oct 04, 2022
U.S. asks Congo to pull some oil blocks from auction to protect forests
KINSHASA (Reuters) - U.S. climate envoy John Kerry has asked Democratic Republic of Congo to withdraw some of the oil blocks it has put up for auction in order to protect forests, he said on Tuesday o...
Oct 04, 2022
Monte dei Paschi unions say 4,125 staff ready to exit
FLORENCE, Italy (Reuters) -Unions at Monte dei Paschi di Siena on Tuesday said 4,125 employees of the state-owned bank had come forward to take up an early exit scheme. Monte dei Paschi (MPS) aims to ...
Oct 04, 2022
Analysis-Tesla could face its toughest challenge yet as economy cools
By Hyunjoo Jin SAN FRANCISCO (Reuters) - As recently as July, Tesla Chief Executive Elon Musk said the electric-car maker did not have a problem with customer demand, simply a problem making and shipp...
Oct 04, 2022
Rivian shares jump on backing 2022 production target
(Reuters) - Shares of Rivian Automotive Inc rose nearly 8% in premarket trading on Tuesday after the company delivered a record number of vehicles in the third quarter and backed its target of produci...
Oct 04, 2022
Drivers in Germany face higher insurance premiums – industry executive
MUNICH (Reuters) - German drivers should brace for higher auto insurance premiums next year, following three years of price declines, an industry executive told Reuters. Higher insurance prices are th...
Oct 04, 2022
Vir Biotech gets U.S. funding for flu-prevention antibody
(Reuters) - Vir Biotechnology Inc said on Tuesday it had received $55 million in funding from the U.S. government to support its influenza-focused antibody drug that is expected to enter mid-stage tri...
Oct 04, 2022
Peoria, IL, USA
60 °F Partly cloudy
