WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve,…
State Department launches ‘China House’ amid rivalry with Beijing
WASHINGTON (Reuters) – The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help…
Peru’s central bank slightly lowers 2023 economic growth estimate
LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to…
Oil slumps by over $2/bbl as markets bogged by recession fears
By Shariq Khan NEW YORK (Reuters) – Oil fell by more than $2 per barrel on Friday, swept up in…
Swiss national bank nominates Angelo Ranaldo for election to Bank Council
ZURICH (Reuters) – The Swiss National Bank has nominated Angelo Ranaldo for election to the organisation’s Bank Council, it said…
LVMH to build new workshop making Louis Vuitton bags in Italy
ROME (Reuters) – LVMH, the world’s largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags…
Airbus, Qatar trial to be split as A350 jet row rumbles on
By Tim Hepher LONDON (Reuters) -A $2 billion legal battle between Airbus and Qatar Airways looks set to drag through…
Bayer, Oregon finalize $698 million PCB pollution settlement
By Brendan Pierson (Reuters) – Bayer AG has finalized a $698 million settlement with the U.S. state of Oregon to…
Britain’s Christmas shopping hurt by rail strikes and snow
LONDON (Reuters) – British retailers have been hurt by a sharp dip in shopper numbers this week, a crucial Christmas…
App store avalanche forecast as Apple bows to EU demands
By Martin Coulter LONDON (Reuters) – Apple’s rivals are positioning themselves as the go-to alternative to its dominant App Store…