By Alex Lawler ABU DHABI (Reuters) – OPEC raised its forecasts for world oil demand in the medium-and longer-term in…
Blackstone to take control of Emerson’s climate tech in $14 billion deal
By Nathan Gomes, Kannaki Deka and David Carnevali (Reuters) – Emerson Electric Co will sell a majority stake in its…
U.N. Black Sea grain pact under threat as Russia quits
By Nigel Hunt and Naveen Thukral LONDON/SINGAPORE (Reuters) -Grain was flowing out of Ukraine at a record pace on Monday…
Energy shares shine again on Wall Street, lifted by earnings
By Lewis Krauskopf NEW YORK (Reuters) – Strong earnings are helping energy stocks extend this year’s torrid run, furthering their…
FTSE 100 hits fresh five-week high, EasyJet rises on takeover talk
By Johann M Cherian and Sruthi Shankar (Reuters) -Britain’s FTSE 100 closed at a fresh five-week high on Monday as…
Insurer Ascot pauses writing new cover for Ukrainian shipments
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Ascot is suspending writing cover for new shipments…
Cineworld reaches bankruptcy settlement with landlords, lenders
By Dietrich Knauth (Reuters) – Movie theater chain Cineworld Group on Monday announced a bankruptcy settlement with its landlords and…
Eli Lilly’s growth tied to nascent diabetes drug sales
(Reuters) – Wall Street analysts will be focusing on sales of Eli Lilly and Co’s newly approved diabetes drug Mounjaro…
JPMorgan expects banks to repay 500-700 billion euros of ECB TLTRO loans in Nov
LONDON (Reuters) – Analysts at investment bank JPMorgan have estimated that banks will repay between 500 and 700 billion euros…
World wine output dips slightly after year of torrid weather
PARIS (Reuters) – World wine production in 2022 is expected to dip slightly below last year’s level, with a better…