By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators’ net long bets on the U.S. dollar edged higher in the latest…
Oil prices settle up; China demand hopes outweigh recession worry
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
Japanese yen jumps as traders suspect intervention
By Leika Kihara, Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss TOKYO/LONDON/NEW YORK (Reuters) – Japanese authorities likely intervened in markets to…
U.S. yields slide from multi-year highs on hopes of Fed pivot
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasury yields fell from multi-year highs on Friday after…
Goldman: U.S. SPR crude releases to have modest price influence
(Reuters) – The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail…
Exclusive-Ottawa and Alberta clash over who must pay to lift Canada’s carbon capture credits
By Steve Scherer and Nia Williams OTTAWA (Reuters) -Canada’s federal government and the main oil producing province of Alberta are…
IMF, Malawi reach staff deal on $88 million emergency financing
JOHANNESBURG (Reuters) -The International Monetary Fund said on Friday that it had reached a staff-level agreement with Malawi for up…
Fed’s Evans: need to get policy rate to a bit above 4.5%, then hold
(Reuters) – Chicago Federal Reserve Bank President Charles Evans on Friday repeated his view that the U.S. central bank ought…
Airlines oppose U.S. push on flight delay compensation
By David Shepardson WASHINGTON (Reuters) -Major U.S. airlines oppose U.S. Transportation Department (USDOT) plans to update a government dashboard to…
Pfizer COVID vaccine price hike to boost revenue for years, rivals may follow
By Michael Erman (Reuters) -Pfizer’s plan to as much as quadruple U.S. prices for its COVID-19 vaccine next year is…