U.S. drillers add oil and gas rigs for second week in a row – Baker Hughes
By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row as relatively high oil prices encourage firms…
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By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row as relatively high oil prices encourage firms…
By Nichola Groom (Reuters) -More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have piled up at U.S. ports since June under a new law…
BRASILIA (Reuters) -Brazil’s central bank chief Roberto Campos Neto emphatically defended the need for fiscal balance on Friday, following statements by leftist President-elect Luiz Inacio Lula da Silva that soured…
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares notched their best weekly performance in nearly eight months on Friday, largely driven by bets of smaller rate hikes by the…
MADRID (Reuters) – The European Central Bank has not pre-committed to make another 75 basis-point increase at its next policy meeting, policymaker Pablo Hernandez de Cos said on Friday. “The…
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate is expected to have picked up pace slightly in October, analysts polled by Reuters said, with spiraling prices that are…
By James Davey and Rachel More LONDON/BERLIN (Reuters) -European retailers fear this Christmas could be the worst in at least a decade as shoppers cut spending while the costs of…
LONDON (Reuters) -Bank of England interest rate-setter Jonathan Haskel said signs of a slowdown in Britain’s economy did not imply a need for less tightening of monetary policy and the…
WASHINGTON (Reuters) -U.S. consumer sentiment slumped in November amid persistent worries about inflation and higher interest rates, according to a survey on Friday, which also hinted at a sharp slowdown…
By John Revill and Mimosa Spencer ZURICH (Reuters) -Luxury goods group Richemont’s shares soared as much as 21% in early trading on Friday after the owner of Cartier posted strong…
(Reuters) – FTX was commencing bankruptcy proceedings in the United States and its Chief Executive Officer Sam Bankman-Fried has resigned, the crypto exchange said on Friday, in a spectacular collapse…
LONDON (Reuters) – Reinsurance hedge fund Tangency Capital has raised $200 million from investors, bringing its total assets under management to “north of $600 million,” one of its co-founders told…
By Amanda Cooper and Samuel Indyk LONDON (Reuters) -The euro zone government bond market on Friday delivered the clearest sign yet that Germany, the region’s largest economy, could be on…
JOHANNESBURG (Reuters) – French telecoms group Orange launched a new 5G network in Botswana on Friday in a first step towards rolling out the high-speed data offering to other markets…
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Some holders of Ghana’s international bonds are close to formalizing a creditor group, two sources with direct knowledge of the…
(Reuters) -Thomson Reuters Corp said on Friday it would buy SurePrep LLC, a U.S.-based provider of tax automation software and services, for $500 million in cash. The information company has…
By Marie Mannes (Reuters) – Polestar on Friday reported a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, sending shares soaring 25% in early…
(Reuters) – Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said it would initiate bankruptcy proceedings in the United States, triggering…
By Isla Binnie and Ross Kerber NEW YORK/BOSTON (Reuters) – Funds adhering to environmental, social, and corporate governance (ESG) principles have been hit by unprecedented outflows in the market downturn,…
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Friday said he would like to see the Bank of Mexico balance fighting inflation while taking care of economic growth.…
TOKYO (Reuters) -Japan’s Seven & i Holdings Co Ltd said on Friday it will sell its Sogo & Seibu department store unit to U.S. fund Fortress Investment Group. Seven &…
By Gabriela Baczynska and John Chalmers BRUSSELS (Reuters) – Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute…
By Carolina Mandl (Reuters) -SkyBridge Capital is working to buy back its stake from embattled crypto exchange FTX, the alternative investment firm’s founder Anthony Scaramucci said in an interview with…
By David Lawder NEW DELHI (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she plans to meet with China’s central bank governor Yi Gang on the…
By Mimosa Spencer PARIS (Reuters) – Retailers in Europe are having to strike a delicate balancing act with this year’s Christmas displays: how to create enough festive sparkle to loosen…