By David Milliken LONDON (Reuters) – The Bank of England passed a major milestone on Tuesday when it held its…
Exclusive-Argentina set to permit wheat export delays amid drought – sources
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s government is set to announce measures, potentially within days, to allow wheat…
Rosneft says BP should return to Russia, promises dividend
MOSCOW (Reuters) – Russian energy giant Rosneft said on Tuesday that international major BP should rethink its decision to leave…
Mexico’s factories grow for 2nd month in a row; inflation bites again
MEXICO CITY (Reuters) – Mexico’s manufacturing sector grew, albeit slightly, for the second straight month in October, though challenges persisted,…
UK’s Morrisons to close McColl’s stores; 1,300 jobs at risk
LONDON (Reuters) -British supermarket group Morrisons is to close 132 McColl’s convenience stores that have no realistic prospect of making…
Canadian factory sector’s slowdown deepens in October
TORONTO (Reuters) – Canadian manufacturing activity contracted for a third straight month in October as production and new orders fell,…
China Evergrande unit gets notice for $4.48 billion loan from Shengjing Bank
(Reuters) – Debt-laden property developer China Evergrande Group said on Tuesday its unit received a notice of enforcement for unrecoverable…
Factory output weakens on widespread slowdown, China COVID curbs
By Lindsay Dunsmuir and Jonathan Cable WASHINGTON/LONDON (Reuters) -Global factory output weakened in October as widespread recession fears, high inflation…
Revlon creditors challenge 2020 loan transactions
By Dietrich Knauth (Reuters) – Some of Revlon’s creditors have asked a U.S. bankruptcy judge in Manhattan to unwind the…
BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) -BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including…