SHANGHAI (Reuters) – The asset management arms of some Chinese banks are turning to an accounting method that smoothes out…
Sub-Saharan Africa’s debt pressures to continue to rise – Fitch
By Rachel Savage JOHANNESBURG (Reuters) – The external debt service burden in Sub-Saharan Africa will continue to climb in the…
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with…
China plans to expand domestic demand to spur economy – state media
By Kevin Yao BEIJING (Reuters) -China has set out plans to expand domestic consumption and investment, the official Xinhua news…
U.S. crude stocks rise by more than 10 million barrels – EIA
(Reuters) – U.S. crude stocks, gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. …
Tesla to search for water in quest to expand German gigafactory
By Victoria Waldersee BERLIN (Reuters) – Tesla plans to drill for new water sources to supply an expansion of its…
New Danish government plans to boost labour force, overhaul welfare model
COPENHAGEN (Reuters) – Denmark’s new coalition government plans to cut tax to incentivise work, abolish a public holiday and reform…
Italy collects around 2.8 billion euros from 2022 energy windfall tax
By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall…
White House’s Deese: Increase in food prices too high, progress needed
WASHINGTON (Reuters) – U.S. President Joe Biden’s top economic adviser, Brian Deese, told MSNBC on Wednesday that the rise in…
Delta expects profit to nearly double next year on ‘robust’ air travel demand
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines Inc said on Wednesday its profit is expected to nearly double…