PRAGUE (Reuters) -The Czech government approved on Wednesday a measure capping electricity and natural gas prices for large firms at…
Chinese bank wealth units seek to smooth performance amid redemptions
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…