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(Reuters) -Chevron Corp said on Wednesday it was launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California. …

BRASILIA – Brazil’s central bank chief Roberto Campos Neto said on Wednesday that policymakers are currently discussing the impacts on short-term inflation of expected frosts in the country, stressing that …

By Liz Hampton DENVER – Pipeline firm Tallgrass Energy on Wednesday said it will convert a natural gas pipeline into carbon dioxide service, and ship CO2 from an Archer-Daniels-Midland Co …

BRUSSELS – The European Commission proposed on Wednesday an extra 9 billion euros ($9.5 billion) in EU loans to Ukraine in 2022 to keep the country running and to set …

SHANGHAI -Shanghai authorities have granted approval to 864 of the city’s financial institutions to resume work, three sources with direct knowledge of the matter said on Wednesday, as it gradually …

By Stephanie Kelly NEW YORK – The government of Panama and energy companies, including SGP BioEnergy, plan to develop a major, advanced biorefinery to increase supply of lower-carbon aviation fuel, …

By Asif Shahzad ISLAMABAD – Pakistan opened long-delayed talks with the International Monetary Fund on Wednesday, seeking the release of more funds from a $6 billion rescue package agreed in …

By Jesús Aguado and Emma Pinedo MADRID -The Spanish economy could grow around 4% in 2022, half a percentage point less than expected in April, as rising inflation hurts consumer …

PROVIDENCE – Two men who played various roles in an underground financial network in support of international internet and email fraud schemes have been sentenced to federal prison, announced United …

LONDON – Morgan Stanley said on Wednesday Ukraine’s economy could slump as much as 60% year-on-year in 2022 in case of a “more prolonged conflict with no clear resolution” following …

By Tim Kelly and Kaori Kaneko TOKYO – Japan will not block foreign investors from buying industrial giants such as Toshiba Corp provided they comply with rules that govern the …

BUCHAREST -After years of stalling, Romanian lawmakers approved legislation on Wednesday to reduce taxes on future income from offshore gas projects, hoping it would unlock investment in the Black Sea …

By Sergio Goncalves and Pedro Nunes LISBON – Portugal’s central bank has opened up its heavily guarded vaults in a small commuter town near Lisbon, giving a rare glimpse of …

(Reuters) – Lowe’s Cos Inc reported a bigger-than-expected drop in same-store sales on Wednesday, as people cocooned at home during the cold and wet April spent less on seasonal goods …

(Corrects figures in first paragraph to 3.5%-4.5% from 3%-4% and to 4%-5% from 3.5%-4.5%) BELGRADE – Serbia’s central bank on Wednesday cut its 2022 growth forecast to 3%-4% from 3.5%-4.5% …

By Jamie Freed (Reuters) -Singapore Airlines Ltd (SIA) on Wednesday posted a narrower annual loss of S$962 million ($694.08 million), at a time when demand remained low due to the …

By Valentine Baldassari and Elena Vardon (Reuters) -Dutch bank ABN Amro beat first-quarter earnings expectations on Wednesday but higher-than-expected costs, including new anti-money laundering provisions, weighed on the company’s shares …

JAKARTA – Indonesia’s trade minister on Wednesday said he expected prices of cooking oil would stabilise after a programme to distribute subsidised supplies reaches 10,000 locations across the country. The …

By Andy Bruce and William Schomberg LONDON -British inflation surged last month to its highest annual rate since 1982, pressuring finance minister Rishi Sunak to offer more help for households …

By Jesús Aguado MADRID -The European Central Bank will likely start raising interest rates shortly after ending its bond-buying programme early in the third quarter, with the potential for further …

TOKYO -Toyota Motor Corp will suspend vehicle production at one of its factories after a major industrial water leak in central Japan disrupted supply, a company spokesperson said on Wednesday. …

HONG KONG -Analysts at Goldman Sachs said on Wednesday they were lowering their China 2022 GDP growth forecast to 4% from 4.5% as a result of COVID-related damage to the …

BUDAPEST – Hungary should boost domestic ownership in more key sectors in addition to banking, media and energy, a cabinet minister-designate said on Wednesday, signalling more pressure on foreign companies …

(Reuters) – Russia will service its external debt obligations in roubles if the United States blocks other options and will not call itself in default, Finance Minister Anton Siluanov said. …