Big Oil offers big returns but keeps spending tight
By Ron Bousso, Shadia Nasralla and Sabrina Valle LONDON – The West’s energy giants are set to return a record $30 billion to investors after reporting bumper profits in the…
By Ron Bousso, Shadia Nasralla and Sabrina Valle LONDON – The West’s energy giants are set to return a record $30 billion to investors after reporting bumper profits in the…
TOKYO – The Bank of Japan raised its inflation forecast on Thursday, but maintained ultra-low interest rates and warned of risks to the economic outlook in a sign it will…
By Alan Charlish and Pawel Florkiewicz WARSAW – Hopes that the Polish central bank’s monetary policy tightening cycle may be nearing its end could be shattered by government policies aiming…
(Reuters) -Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that for the next six months it would tolerate elevated inflation, caused mainly by the Ukrainian conflict,…
By David Randall NEW YORK – Slowing global economic growth will soon make deflation – rather than inflation – the greatest driver in financial markets, star stock picker Cathie Wood…
(Reuters) – U.S. power consumption was on track to rise to record highs in 2022 and 2023 as the economy grows, the U.S. Energy Information Administration (EIA) said in its…
PARIS -French insurer Axa on Thursday posted a 2% rise in revenue, with strength in its health and casualty insurance business offsetting weakness in savings. Europe’s second-biggest insurer, behind Allianz,…
By Victoria Klesty and Gwladys Fouche OSLO – Norway’s central bank kept interest rates on hold on Thursday as widely expected and restated its plan to raise the cost of…
MADRID – Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges. It also confirmed disappointing preliminary second-quarter sales…
HACKENSACK, N.J., April 29, 2022 — With prices all around us rising to exorbitant amounts, it’s nice to know that one company wants to keep prices low – Diamond Braces. As…
By Daniel Leussink TOKYO – The Bank of Japan (BOJ) should revise its yield curve control (YCC) policy or scrap it if the benchmark Japanese government bond (JGB) yield keeps…
SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to…
By Kevin Buckland TOKYO – The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday, as more hawkish…
DUBAI – Saudi Arabia’s non-oil private sector kept up its solid pace of growth in March as output expanded at the fastest rate in over four years, a survey showed…
TOKYO – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from the Ukraine crisis, signalling its resolve to…
BERLIN -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai…
ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts Thomas Catenacci on March 7, 2022 The White House has repeatedly suggested the private sector can…
By Aradhana Aravindan SINGAPORE -Singapore maintained its forecast for the economy to expand 3-5% this year as the city-state’s recovery from the pandemic slump continues, although officials flagged downside risks…
KUALA LUMPUR – Malaysia has maintained its March export tax for crude palm oil at 8% and raised its reference price, a document on the Malaysian Palm Oil Board website…
BALTIMORE, MARYLAND – Check your Powerball tickets, everyone. While no one hit the $540 million jackpot in the Jan. 3 drawing, Maryland is home to one $50,000 winner and a total of…
Dallas, TX – Dickey’s Barbecue Pit has been serving iconic premium meats, savory Southern sides for 80 years, and the world’s largest barbecue concept is dedicated to celebrating its anniversary with…