Business News

(Reuters) – Futures tracking Canada’s resources-heavy main stock index gained on Friday as prices of oil and precious metals rose on investors’ hopes that top consumer China’s economy would strengthen …

(Reuters) – Russian Energy Minister Nikolai Shulginov said on Friday that Russia had three possible options for how to response to the West’s price cap on Russian oil, the TASS …

WARSAW (Reuters) – Poland’s Monetary Policy Council (MPC) should start discussing rate hikes again, central banker Ludwik Kotecki said on Friday, adding that talk of when borrowing costs could fall …

PARIS (Reuters) -France has definitively shelved plans for a restructuring of the state-controlled nuclear power group EDF, code-named Hercules, French Finance Minister Bruno Le Maire said on Friday. “Hercules has …

LONDON (Reuters) – British finance minister Jeremy Hunt said the financial services reforms he announced on Friday would not lead to a repeat of the regulatory errors that contributed to …

LONDON (Reuters) -Investors sold stocks and bought gold in the week to Wednesday, withdrawing $5.7 billion from equity funds, BofA Global Research said on Friday, a week of “small, joyless …

(Reuters) – Outflows from global equity funds in the week ended Dec. 7 hit a three-month high on fears that interest rates could stay higher for longer than expected amid …

FRANKFURT (Reuters) – Euro zone banks are set to repay early another 447.5 billion euros ($472 billion) in multi-year loans from the European Central Bank, bringing the total reduction of …

FRANKFURT (Reuters) – German households are becoming less pessimistic about inflation prospects, predicting a moderation in price pressures over the next year, the Bundesbank said on Friday based on a …

By Cooper Inveen ACCRA (Reuters) – Ghana’s central bank has laid out relief measures for banks that participate in the government’s domestic debt exchange in a bid to allay their …

By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s Supreme Court endorsed on Friday a settlement for Barrick Gold to resume mining at the Reko Diq project, one of the world’s largest underdeveloped …

LONDON (Reuters) – The chief executive of BAE Systems said that Japan, Britain and Italy’s fighter jet project has enough partners to proceed as it is, but he didn’t rule …

BERLIN (Reuters) – ITA Airways Chairman Antonino Turicchi met Lufthansa Chief Executive Carsten Spohr this week as Italy’s government aims to sign a preliminary agreement for the sale of the …

By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Telecom Italia (TIM) is exploring investors’ interest in buying into its assets, sources familiar with the matter said on Friday, as …

MILAN (Reuters) -Credit ratings agency S&P cut its outlook for Enel, citing execution risks around a 21-billion euro ($22.18 billion) asset disposal plan the Italian utility announced last month. The …

By Rod Nickel WINNIPEG, Manitoba (Reuters) – After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are set to reward shareholders even …

A look at the day ahead in U.S. and global markets from Mike Dolan. Wherever you think inflation is coming from, it’s not China – not yet at least. With …

By Clara Denina and Helen Reid LONDON (Reuters) -Global miner Anglo American Plc on Friday cut its copper production outlook for 2023, impacted by lower grades at its Chilean mines, …

LONDON (Reuters) -The British unit of Russian bank VTB has been placed in administration after sanctions licences were obtained from both UK and U.S. authorities, its appointed administrators Teneo Financial …

(Reuters) – Russia’s finance ministry will analyse whether there is potential to increase taxes in resource sectors of the economy where there are high margins, Deputy Finance Minister Alexei Sazanov …

LONDON (Reuters) -The British public’s expectations for inflation over the next one to two years rose to their joint-highest level in nearly a decade and satisfaction with the Bank of …

(Reuters) – U.S. stock index futures ticked up on Friday ahead of monthly producer prices data that could offer more clues on how long the Federal Reserve will keep raising …

By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors caught off-guard by China’s dramatic COVID policy pivot are betting on both greed and fear as the economy starts …