By Lucia Mutikani WASHINGTON – Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains …
(Reuters) – Rio Tinto, one of the largest Australian mining companies, on Thursday confirmed its exit from the state mining lobby group after raising concerns …
NAIROBI – Kenya plans to deport the CEO of fuel storage and distribution company Rubis Energy Kenya over a fuel crisis, The Daily Nation newspaper …
By Kanishka Singh WASHINGTON – Mark Meadows, who served as former Republican President Donald Trump’s chief of staff and echoed his false claims of widespread …
By Sarah N. Lynch WASHINGTON – A federal judge on Monday postponed a June trial date for two men accused of assaulting police during last …
BUENOS AIRES – Argentina’s largest oil union called on the industry to restore jobs lost during the COVID-19 pandemic following a significant increase in production, …
(Reuters) – General Motors Co said on Monday it has developed a global continuity plan with its partners and suppliers to mitigate the uncertainty faced …
By David Shepardson WASHINGTON – JetBlue Airways confirmed on Sunday it plans to cut its summer schedule in a bid to avert flight disruptions as …
DUBAI – Iranian lawmakers have set conditions for the revival of a 2015 nuclear pact, including legal guarantees approved by the U.S. Congress that Washington …
‘Rationing’: Enviros Push Radical Lifestyle Changes Amid Energy Crisis Thomas Catenacci on April 8, 2022 A group of environmentalists proposed that European nations force consumers …
MADRID – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic …
By Soo-hyang Choi (Reuters) – South Korea’s president-elect Yoon Suk-yeol said on Thursday strong deterrence was crucial in the face of nuclear and missile threats …
BERLIN – German flag carrier Lufthansa said it would cancel some domestic flights to Frankfurt from Thursday, an announcement that follows a staffing shortage warning …
SHANGHAI – The elderly woman slouched in a chair in Shanghai’s cool spring weather as her three companions squabbled with police and others clad in …
By Eliana Raszewski LIMA, Argentina – Argentina is pushing China to fully finance a new $8.3 billion nuclear power plant in the country, as the …
SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep …
By Marianna Parraga and Mircely Guanipa HOUSTON/CARACAS – Petroleum exports from Venezuela declined about 4% in March from the previous month as its state-run oil …
STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said …
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task …
MADRID – Sales of consumer goods rose 13% in Spain in the wake of Russia’s invasion of Ukraine as supply concerns, exacerbated by a partial …
BERLIN/SHANGHAI -Volkswagen on Thursday said it would halt work at its factory in Shanghai between April 1-5, reversing an earlier plan to maintain some of …
(Reuters) – Major Russian oil refiners have told the Energy Ministry they expect to make deeper cuts to refinery runs in the coming weeks due …
BEIJING – China’s factory activity likely shrank in March, a Reuters poll showed, as the country imposed more mass testing and activity controls amid its …
(Reuters) – Food distributor US Foods Holding Corp, under pressure from activist investor Sachem Head Capital Management to overhaul its board, has appointed two new …
By Hyonhee Shin SEOUL – North Korean leader Kim Jong Un has called for a propaganda campaign to increase popular support for the country’s ideology …
(Reuters) – Tesla Inc is planning to suspend production at its Shanghai factory for at least one day, Bloomberg News reported on Sunday, as China’s …
By Aditi Shah NEW DELHI – Indian full-service airline Vistara is in talks with lessors about getting long-haul planes to cover a gap left by …
– New Zealand media firm NZME said on Friday it has signed a letter of intent with Google to outline terms for news content delivery, …
By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move …
Republicans Renew Criticism Of Efforts To Shut Key Oil Pipeline Amid Energy Crisis Thomas Catenacci on March 21, 2022 Republicans have renewed pressure on the …
By Joori Roh SEOUL – Kim Jin-woo, a 27-year old resident of Seoul battling COVID-19 and recovering at home under a new government policy, needed …
Global Energy Group Asks Citizens To Sacrifice Amid Worldwide Crisis Thomas Catenacci on March 18, 2022 The International Energy Agency (IEA) released a 10-point plan …
By Noah Browning LONDON -The International Energy Agency (IEA) on Friday urged consumers to travel less, share transport and drive more slowly, part of a …
By Hannah Lang – Democratic U.S. senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with …
– Canada’s Nutrien Ltd, the world’s biggest fertilizer producer, said on Wednesday it plans to increase potash output by nearly 1 million tonnes this year …
Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices Harry Wilmerding on March 16, 2022 American’s spending slowed in February amid surging inflation and …
‘Significant Uncertainty’: Mortgage Demand Plummets Amid Sky-High Rates, Massive Inflation Harry Wilmerding on March 16, 2022 Mortgage demand plummeted in mid March after a sharp …
By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy …
BERLIN – Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this …
US Astronaut To Fly Home On Russian Spacecraft Amid Rising Tension Laurel Duggan on March 14, 2022 American astronaut Mark Vande Hei will travel back …
– Lyft Inc on Monday joined Uber Inc to levy fuel surcharge on rides from customers in an attempt to cushion the impact on drivers’ …
By Uditha Jayasinghe COLOMBO – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as …
– The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the …
Governors Nationwide Seek State Gas Tax Suspension Amid Surging Prices Thomas Catenacci on March 11, 2022 Several states are seeking to temporarily suspend local gas …
– Uber Technologies Inc said on Friday U.S. customers, excluding New York City, will have to pay a fuel surcharge from March 16 as the …
ANNAPOLIS, MD—Maryland’s state coffers are filled with cash, according to Governor Larry Hogan and now he wants to pause the state’s gas tax. Hogan said …
Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices Thomas Catenacci on March 10, 2022 A group of House and Senate Democrats …
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to …
By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a …
By Anisha Sircar and Rodrigo Campos NEW YORK – A rate hike cycle that started last year and low valuations had already made Latin America …