GENEVA (Reuters) – China urged the United States to respect a World Trade Organization ruling on Friday which found that…
Thales-Hitachi rail signal deal delayed as UK raises competition concerns
(Reuters) – Britain’s competition watchdog is concerned Japan’s Hitachi acquisition of France’s Thales railway signalling business may result in higher…
Putin says Russia could cut oil production over West’s ‘stupid’ price cap
By Vladimir Soldatkin and Guy Faulconbridge MOSCOW (Reuters) -Russia, the world’s biggest exporter of energy, could cut oil production and…
Recession drumbeat gets louder as more U.S. CEOs strike mellow note for 2023
By Medha Singh (Reuters) – Corporate America is starting to feel the chill of a looming recession as top executives…
U.S. producer prices increase; near-term inflation expectations ease
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices rose slightly more than expected in November amid a jump in…
France won’t face power cuts Monday, grid operator says
PARIS (Reuters) – France’s RTE grid operator on Friday said the country would not face any power shortages on Monday…
Bank of Canada will likely need to hold rates above 4% in 2023 -IMF
OTTAWA (Reuters) – The Bank of Canada will likely need to keep interest rates at or above 4% for most…
Some banks may struggle to pay back ECB loans, says EU watchdog
By Huw Jones LONDON (Reuters) – Some banks in the euro zone could struggle to pay back money borrowed from…
Getir buys fast grocery rival Gorillas in $1.2 billion deal
By Ebru Tuncay and Hakan Ersen ISTANBUL (Reuters) – Turkish delivery company Getir has bought German rival Gorillas in a…
Italy’s Snam to pick offshore site for new LNG terminal in early 2023
MILAN (Reuters) – Itay’s Snam will choose the offshore site for its new floating storage and regasification unit (FSRU) in…