By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) – Chinese refiners are slowing down Russian crude purchases in December and…
ECB policymakers caution against tightening policy too fast
FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates but must not move too fast to avoid…
OPEC cuts oil demand growth forecast again as economic challenges mount
By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth…
Italy aims to bring Telecom Italia network under state control
ROME (Reuters) -Italy’s new government wants to bring Telecom Italia’s (TIM) network under state control to speed up the digitalization…
Sweden drops investigation into suspected Ericsson bribery in China
OSLO (Reuters) -The Swedish Prosecution Authority on Monday said it had closed an investigation into suspected bribery payments made in…
Norway’s Equinor-owned Aasgard B oil and gas platform shut after fire
By Nora Buli OSLO (Reuters) -Gas production at Norwegian energy firm Equinor’s Aasgard B gas processing platform was shut on…
Polish inflation to return to target range in 2025, says central bank
WARSAW (Reuters) – Inflation in Poland will not return to the National Bank of Poland’s (NBP) target range until the…
Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projects
DUBAI (Reuters) – Saudi Arabia’s sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in…
Explainer-Bracket creep, fiscal drag: how inflation warps the tax take
By Leigh Thomas PARIS (Reuters) – While households struggle to cope with rocketing prices, the inflation spike is good for…
Wall Street banks turn upbeat on emerging market debt
By Karin Strohecker LONDON (Reuters) – Wall Street banks are raising their outlook for emerging markets’ hard-currency bonds as a…