LONDON (Reuters) – London-listed Savannah Energy has agreed to buy producing oil fields in South Sudan from Malaysia’s state energy…
Turkey jobless rate rises ahead of tight election for Erdogan
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkey’s unemployment rate edged up to 10.2% in October, data showed…
Credit Suisse’s Greater China CEO to leave bank this week – memo
By Summer Zhen and Selena Li Hong Kong (Reuters) – Carsten Stoehr, Credit Suisse’s chief executive for its Greater China…
Israel economy to grow lower than expected 3% in 2023 -finance ministry
By Steven Scheer JERUSALEM (Reuters) – Israel’s economic growth is set to slow sharply to 3% in 2023 after rapid…
Wirecard boss’s lawyer calls allegations ‘absurd’ in fraud trial
By Jörn Poltz MUNICH (Reuters) – The former Wirecard CEO Markus Braun began his defence in Germany’s biggest post-war fraud…
France copes with high power demand on nuclear supply ramp-up
PARIS (Reuters) – France on Monday avoided a strain on its power grids in the face of rising demand as…
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost…
ECB to raise scrutiny of banks’ credit risk, funding in 2023 as recession looms
FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it…
Russian government could provide 225 billion roubles to Rosseti
(Reuters) – Russia could provide up to 225 billion roubles ($3.6 billion) in state funds to power company Rosseti to…
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) -Mercedes-Benz Vans will invest more than 1 billion euros ($1.05 billion) to build its first electric-only vans plant in…