Europe’s appetite for U.S. gas fast-tracks two new LNG projects
By Marcy de Luna HOUSTON – Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives…
By Marcy de Luna HOUSTON – Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives…
By Sophie Yu and Brenda Goh SHANGHAI/BEIJING – Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of a ripple effect that Western sanctions…
By Saqib Iqbal Ahmed NEW YORK -Traders are pointing to a massive quarterly options trade on Thursday they said was from a JPMorgan fund as one reason why the stock…
By Francesco Canepa FRANKFURT – With Russia threatening to cut off the supply of vital gas and oil, European governments are dusting off rationing plans that bring back memories of…
MILAN – UniCredit has finalised the sale of its remaining 18% stake in Turkey’s Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy’s second-biggest lender said on Friday. The transaction, which…
By Ann Wang YUNLIN, Taiwan – A group of Taiwanese puppeteers are looking to use non-fungible tokens, or NFTs, to help bring their traditional art form into the modern era…
By Tommy Wilkes LONDON – The rouble has staged a lightening-fast recovery to levels last reached in the days before Russia invaded Ukraine, defying predictions that the war would launch…
LONDON – British manufacturing expanded in March at the weakest pace in 13 months and price pressures, which had previously shown some signs of moderating, worsened, a survey showed on…
(Reuters) -Russia’s central bank said on Friday it was softening restrictions on foreign fund transfers for individuals for a six-month period. The bank said the measures, which raise an earlier…
By Jonathan Cable and Leika Kihara LONDON/TOKYO – Global factory activity slowed in March as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, while soaring…
LONDON – Euro zone manufacturing growth slowed sharply last month as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, a survey showed as soaring energy…
SHANGHAI -More than half of U.S. multinational companies in China have reduced their annual revenue projections, mostly due to the recent COVID-19 outbreak in Shanghai, according to a joint survey…
By Huw Jones LONDON – Banks should beware of fake news that could trigger a run on their deposits, the European Union’s banking watchdog said in a warning on Friday…
(Reuters) -Worldline has bought a controlling stake in ANZ’s commercial acquiring business, completing the creation of a 51%-49% joint venture that it will control, the French payments company said on…
(Reuters) – As the second quarter gets underway, the biggest question is when soaring inflation will finally peak. Federal Reserve minutes and a Reserve Bank of Australia meeting will provide…
BEIJING -China’s new home prices rose slightly in March with demand in small cities still weak despite more local policy easing steps, and renewed COVID-19 flare-ups curbing the appetite to…
MADRID – Factory activity in Spain grew for a 14th consecutive month in March though at a slower pace because of pressure on supply chains and rising inflation fuelled by…
HAMBURG -Audi and Porsche owner Volkswagen is likely to give the green light for the two brands to make their entry into motor racing’s Formula One at a meeting next…
LONDON – Investors pumped in $18.9 billion into equities and $6.3 billion into bonds in the last week after weeks of outflows as BoFA strategists warned against reading too much…
A look at the day ahead in markets from Julien Ponthus. The deadline for European buyers of Russian gas to start paying in roubles and the release of that number…
By Jeffrey Dastin and Danielle Kaye (Reuters) – Amazon.com Inc workers at a warehouse in New York City’s Staten Island have so far voted 57% in favor of unionizing with…
(Reuters) – Russian manufacturing activity shrank in March at its fastest pace since the early stages of the COVID-19 pandemic in May 2020, dragged down by sharply rising delivery times…
LONDON – The number of households in England spending at least 10% of their budget on energy bills, a share deemed to represent “fuel stress”, will double on Friday to…
(Reuters) – One of President Vladimir Putin’s allies warned on Friday that Russia, a major global wheat exporter, could limit supplies of agriculture products to “friendly” countries only, amid Western…
By Dominique Patton and Hallie Gu BEIJING – China’s COVID-19 curbs are disrupting the supply of fertiliser to the country’s northeastern bread basket just a month away from spring planting,…