Oil to drift lower as slower growth offsets OPEC+ cuts: Reuters poll
By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters…
Exclusive-World Bank’s IFC taps blockchain for carbon offsets
By Simon Jessop, Shadia Nasralla and Cole Horton LONDON/NEW YORK (Reuters) – International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade…
Pirelli raises sales target as pricing power offsets inflation
MILAN – Strong pricing power and cost savings will help Pirelli offset economic challenges, the Italian tyremaker said on Thursday as it beat second-quarter operating profit expectations and raised its full-year revenue…
Weak won fuels Hyundai Motor Q1 profit, offsets chip shortage, costs
By Heekyong Yang SEOUL – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports and offsetting…
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