BENGALURU (Reuters) – Sovereign bond yields are likely to remain elevated in the near term and be at higher levels…
U.S. wholesale inventories revised lower in September
WASHINGTON (Reuters) – U.S. wholesale inventories increased less than initially thought in September amid decreases in stocks of petroleum and…
U.S. court rejects requests to block Albertsons’ dividend payout
(Reuters) – A U.S. federal court on Tuesday denied requests to temporarily block Albertsons Companies Inc’s $4 billion dividend payment…
Vodafone teams up with KKR and GIP in $16 billion towers deal
By Paul Sandle LONDON (Reuters) -Vodafone has agreed to sell a chunk of it masts company Vantage Towers to Global…
U.S. climate envoy Kerry: We need multilateral development bank reform
SHARM EL-SHEIKH, Egypt (Reuters) – Multilateral development bank reform is absolutely critical, U.S. climate envoy John Kerry said on Wednesday,…
Germany’s Lindner: EU must base new fiscal rules on financial solidity
BERLIN (Reuters) – Germany will assess proposals from the European Commission on changes to EU fiscal debt rules but any…
Phillips 66 plans to lay off 1,100 workers by end-2022
(Reuters) – Refiner Phillips 66 said on Wednesday, it plans to reduce its employee headcount by 1,100 to help cut…
Eni can double Italian gas production in 30-36 months, CEO says
MILAN (Reuters) – In the next two and a half to three years Eni could almost double its gas production…
Natural disaster-hit countries get automatic debt freeze option
By Marc Jones LONDON (Reuters) – Countries hit by climate change-driven disasters such as flooding and hurricanes will automatically be…
IEA’s Birol says $100 oil ‘real risk’ for global economy
SHARM EL-SHEIKH, Egypt (Reuters) – The head of the International Energy Agency (IEA) said on Wednesday oil prices “flirting with…