BERLIN (Reuters) – Lower revenues from oil and gas exports will significantly widen Russia’s budget shortfall this year, according to an analysis from the European …
FRANKFURT (Reuters) -The European Central Bank made a loss last year as its own interest rate increases forced it to write down the value of …
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising …
MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state statistics service Rosstat showed on …
TOKYO (Reuters) – Japan’s business-to-business services prices rose 1.6% in January from a year earlier, much slower than a 9.5% jump in wholesale goods prices, …
JOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose 17% year-on-year as it raised …
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said …
By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at gas producers as hedges – …
BERLIN (Reuters) – Germany’s wholesale price index rose in January compared with the same month last year, according to data released on Tuesday. Wholesale prices …
(Reuters) – Lucid Group said on Thursday that customers will get a $7,500 credit on buying certain variants of the Air luxury electric car, revving …
By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they did in 2022, according to …
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed on Tuesday, indicating that recent …
(Reuters) – South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong oil prices and despite operational …
(Reuters) – AMC Entertainment Holdings will start selling tickets at different prices based on the location of the seat in a auditorium, the theater chain …
SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign …
FRANKFURT (Reuters) – Euro zone companies expect to slow the pace of price increases this year as their outlook for costs and demand becomes less …
By Swati Verma and Noah Browning (Reuters) – The European Union’s ban on imports of Russian refined oil products, including diesel and jet fuel, will …
(Reuters) -Executives at auto parts supplier Aptiv Plc said on Thursday they do not yet see a surge in electric vehicle (EV) production after recent …
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price …
MOSCOW (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an …
By Joseph White and Paul Lienert DETROIT (Reuters) – General Motors Chief Executive Mary Barra is betting that moving more slowly than Tesla or Ford …
WASHINGTON (Reuters) – U.S. single-family home price growth cooled further in November, surveys showed on Tuesday, which together with declining mortgage rates could help to …
Here’s How Elon Musk Started An Electric Vehicle Price War John Hugh DeMastri on January 30, 2023 Ford has cut the price of its flagship …
By Leika Kihara TOKYO (Reuters) – The Bank of Japan could consider steps to allow bond yields to move more flexibly even before inflation durably …
By Kate Abnett BRUSSELS/AMSTERDAM (Reuters) -The European Union’s gas price cap, which launches next month, could impact financial stability and potentially curb liquidity in Europe’s …
By Andrea Shalal DAKAR (Reuters) – Western countries are working to structure price caps on Russian refined petroleum products to ensure continued flow of Russian …
By Akash Sriram (Reuters) – A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing …
(Reuters) – Ukraine’s foreign minister said on Thursday it was time to review the $60 per barrel price cap imposed on Russian seaborne oil, on …
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s unusual request that its retailers partially freeze prices ahead of elections has prompted some supermarkets …
MILAN (Reuters) – Italy’s antitrust authority said on Monday the offices of several oil companies, including Italy’s Eni and Exxon Mobil Corp’s ESSO Italiana unit, …
By Darya Korsunskaya MOSCOW (Reuters) -Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, …
By Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year …
By Svea Herbst-Bayliss NEW YORK (Reuters) -An investor with a large stake in Venator Materials Plc has asked for board seats, criticizing the chemical company’s …
FRANKFURT (Reuters) – Activist investment fund Inclusive Capital Partners, run by hedge fund veteran Jeffrey Ubben, said on Monday it had acquired a 0.83% stake …
(Reuters) – The $26,500-per-year price tag for Eisai Co Ltd and Biogen Inc’s newly approved Alzheimer’s disease drug is slightly above expectations, but should not …
MADRID (Reuters) – Spain will seek European Union permission to extend its temporary cap on reference prices for natural gas and coal used by power …
WASHINGTON (Reuters) – U.S. services industry activity contracted for the first time in more than 2-1/2 years in December amid weakening demand, while the pace …
(Reuters) – Tesla cut electric car prices in China and other Asian markets on Friday, part of efforts to stoke demand for output from its …
By Brijesh Patel (Reuters) -Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China threaten …
BRASILIA (Reuters) – The incoming chief executive of Brazil’s state-run oil company Petrobras said on Friday he planned to tweak the country’s fuel price policy, …
By Brijesh Patel (Reuters) – Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China …
Russia Bans Oil Exports To Countries That Enforce Price Cap Jack McEvoy on December 27, 2022 Russian President Vladimir Putin declared Tuesday that his nation …
By Farah Master and David Stanway HONG KONG/SHANGHAI (Reuters) – At the public hospital in Shanghai where Nora, a 30-year-old doctor, works, tension has spiraled …
(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump in October, the statistics department said …
Biden Admin Quietly Raises The Price It’s Willing To Pay To Refill Oil Reserves Jack McEvoy on December 16, 2022 The Energy Department announced Friday …
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti said on Saturday it was unrealistic to expect energy prices to fall by March and that the …
WASHINGTON (Reuters) – U.S. business activity contracted further in December as new orders slumped to the lowest level in just over 2-1/2 years, but softening …
MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia’s Finance Ministry said …
(Reuters) – The Kremlin said on Friday it was finalising the last details of how it would respond to the West’s imposition of a price …
By Hari Kishan and Indradip Ghosh BENGALURU (Reuters) – House prices in most major property markets will fall in 2023, according to nearly 100 housing …