Europe’s Energy Crisis Is So Bad That France Will Nationalize Its Largest Power Company. Here’s The Price Tag Josh Hypes on July 13, 2022 France announced it would nationalize its …
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Financial News
Analysis-Spirit Airlines winning bidder may need years to recoup price tag
by Reutersby ReutersBy Angelique Chen, Anirban Sen and David Carnevali (Reuters) – The bidding war for Spirit Airlines Inc between Frontier Group Holdings Inc and JetBlue Airways Corp may leave the acquirer …
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By Julie Gordon and Ismail Shakil OTTAWA – Canada’s exports surged in May, mainly on lofty energy prices, helping drive its surplus with the rest of world to a surprise …
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ATHENS – Data on Greek producer price inflation in May, released by the country’s statistics service (ELSTAT) on Thursday: *************************************************************** KEY FIGURES May April March February January PPI y/y 43.0 …
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Financial News
Others may reject Japan proposal on oil price cap, Kremlin says
by Reutersby ReutersMOSCOW – Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalised, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on …
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By Vera Eckert FRANKFURT – Germany has prepared a facility to impose a levy on all gas consumers to help suppliers grappling with soaring gas import prices, according to a …
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Financial News
G7 discussions with China, India on Russian oil price cap positive -source
by Reutersby ReutersBy David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a …
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Financial News
Spot Australian thermal coal has surged, but contract price is key: Russell
by Reutersby ReutersBy Clyde Russell LAUNCESTON, Australia – The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market …
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Featured NewsTop HeadlinesUS and World News
Biden, G7 Leaders Move Towards Price Capping Russian Oil To Punish Moscow
Biden, G7 Leaders Move Towards Price Capping Russian Oil To Punish Moscow Jack McEvoy on June 27, 2022 President Joe Biden and the G7 leaders discussed plans to put a …
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Financial News
Brazil’s Petrobras elects new CEO as fuel price pressures mount
by Reutersby ReutersBy Rodrigo Viga Gaier and Rafaella Barros RIO DE JANEIRO – The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, …
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BRUSSELS – The Group of Seven rich nations are debating a global price cap for Russian oil that would curb Moscow’s energy revenues and potentially limit its ability to fund …
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Financial News
Exclusive-Copper giant Codelco sees ‘very firm’ copper price ahead despite recent drop – chairman
by Reutersby ReutersBy Fabian Cambero SANTIAGO – Chilean state-owned copper miner Codelco, the world’s top producer of the red metal, sees a firm copper price ahead despite a recent sharp fall, chairman …
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Financial News
Honduras enacts month-long gasoline price freeze in inflation fight
by Reutersby ReutersTEGUCIGALPA – The Honduran government passed a month-long freeze on increases in gasoline and diesel prices on Friday, the country’s energy minister announced, making the Central American nation the latest …
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LONDON – Euro zone business growth has slowed significantly this month – and by much more than expected – as consumers concerned about soaring bills opted to stay at home …
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LONDON – British food price inflation looks on course to hit 20% in the first quarter of next year, U.S. bank Citi predicted on Wednesday after the latest official data …
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Financial News
MarketAxess, Tradeweb and Bloomberg plan joint EU bond price feed
by Reutersby ReutersBy Huw Jones LONDON – MarketAxess, Tradeweb and Bloomberg said on Wednesday they were exploring a single price feed for corporate and government bonds in the European Union as the …
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Featured NewsTop HeadlinesUS and World News
White House Ignores Oil Production In Quest For Gas Price Fix: REPORT
White House Ignores Oil Production In Quest For Gas Price Fix: REPORT Thomas Catenacci on June 17, 2022 UPDATE: This article has been updated to include additional reporting from The …
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BOGOTA – Shareholders of Colombia’s majority state-owned oil company Ecopetrol on Friday approved a plan to shore up the country’s fuel-price stabilization fund (FEPC), as well as an extraordinary dividend …
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Financial News
GM hikes Hummer EV price by over $6,000 as commodity, shipping costs rise
by Reutersby Reuters(Reuters) – General Motors Co on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high …
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OTTAWA – The pace of Canadian home price growth slowed in May, edging off April’s record high, but prices still rose both on the month and on the year, index …
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Financial News
Hungary extends food and fuel price caps until Oct amid surging inflation
by Reutersby ReutersBUDAPEST – Hungary’s government has extended a cap on some basic food and fuel prices until Oct. 1, while a cap on retail mortgage interest rates will remain in place …
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By James Davey LONDON – British supermarket group Sainsbury’s, seeking an edge amid a worsening cost of living crisis, will for the first time include its biggest selling lines in …
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Department of Justice Press Releases
Eastern Idaho Nurse Practitioner Pays the Price for Unlawfully Prescribing Narcotics
by DOJ Pressby DOJ PressBOISE – Kenneth Lowther, a nurse practitioner in eastern Idaho, consented to judgment against him after admitting that he unlawfully prescribed narcotics on more than 15 occasions. The judgment, entered …
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Featured NewsTop HeadlinesUS and World News
Biden Privately Admitted His Gambit To Lower Gas Price Was Pointless: REPORT
Biden Privately Admitted His Gambit To Lower Gas Price Was Pointless: REPORT Thomas Catenacci on June 13, 2022 President Joe Biden privately acknowledged his effort to boost biofuel production to …
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Featured NewsFinancial News
U.S. gasoline average price tops $5 per gallon in historic first
by Reutersby ReutersBy Laura Sanicola (Reuters) -The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in …