Category Archives:
OPEC boosts oil income in 2021, well completions drop
By Alex Lawler LONDON (Reuters) - OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a modest re...
Jun 28, 2022
India’s Zomato sheds nearly $1 billion in valuation over two days after Blinkit deal
BENGALURU (Reuters) - Shares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the rationale of the company's deal to buy local ...
Jun 28, 2022
G7 to agree tough line on China market abuse – U.S. official
GARMISCH-PARTENKIRCHEN, Germany (Reuters) - The Group of Seven leading industrialised democracies have agreed to develop a coordinated approach to remedying China's "non-market" international trade pr...
Jun 28, 2022
Spain’s Santander hires Credit Suisse, Goldman to look at Citibanamex bid – source
MADRID (Reuters) - Spain's Santander has hired Credit Suisse and Goldman Sachs to potentially consider a bid for the Citibanamex, Citigroup's retail bank in Mexico, a source familiar with the process ...
Jun 28, 2022
Commodity stocks lead European shares higher on China COVID relief
(Reuters) - European shares rose on Tuesday, led by gains in commodity-linked stocks and automakers after China relaxed its COVID-19 quarantine mandate, while investors awaited ECB President Christine...
Jun 28, 2022
Garuda Indonesia halves debt with restructuring, on track for profit – government
JAKARTA (Reuters) - Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations that have set the airline up for profitability, the Indonesian governmen...
Jun 28, 2022
Michelin to transfer its Russian activities to local management
(Reuters) - Michelin intends to transfer its activities in Russia to local management by the end of the year, the French tire maker said on Tuesday. "Michelin now confirms that it is technically impos...
Jun 28, 2022
Marketmind: The Sintra stage
A look at the day ahead in markets from Sujata Rao The Portuguese village of Sintra has been the scene of momentous speeches by European Central Bank policymakers. They include Mario Draghi's hawkish ...
Jun 28, 2022
French consumer confidence falls more than expected in June
PARIS (Reuters) - French consumer confidence fell more than expected in June, hitting a near nine-year low as concerns about the economic outlook surged in the face of high inflation and political unc...
Jun 28, 2022
Norway could allow airline SAS to convert debt to equity
By Gwladys Fouche OSLO (Reuters) -Norway will support a plan by airline SAS to convert debt into equity under certain conditions but does not plan to remain a long-term stakeholder, Industry Minister ...
Jun 28, 2022
Peoria, IL, USA
91 °F Sunny
