By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) -The Biden administration levied sanctions on Thursday on prominent Turkish businessman Sitki…
China Eastern takes delivery of the world’s first made-in-China C919 jet
BEIJING/SYDNEY (Reuters) – The world’s first C919, a Chinese-made narrowbody jet, was delivered to launch customer China Eastern Airlines in…
ECB to raise deposit rate by 50 bps on Dec 15 as bloc enters winter recession: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will take its deposit rate up by 50 basis points…
Oil prices slump as receding price-cap threat unmasks worsening demand: Kemp
By John Kemp LONDON (Reuters) -Global oil prices have tumbled more than 20% as the threat to production from the…
Cash use slips to just 15% of British purchases in 2021
By David Milliken LONDON (Reuters) – British shoppers used cash in only 15% of transactions in 2021, half the level…
Britain to lay out financial reforms to ‘turbocharge’ growth
By Huw Jones LONDON (Reuters) – Britain will set out reforms on Friday to ease bank capital rules, one of…
Oil falls on weakening demand, shrugs off Keystone closure
By Laila Kearney NEW YORK (Reuters) – Oil settled lower for a fifth straight session on Thursday as traders shrugged…
Cuba and French telecoms operator Orange begin work on subsea cable to Martinique
HAVANA (Reuters) – Cuba said on Thursday it had begun work with French telecoms operator Orange on an underwater cable…
Stocks rise on hope of revived China demand, oil slips
By Herbert Lash NEW YORK (Reuters) -World stocks rose and oil prices initially rebounded on Thursday on hopes that China’s…
EU expects only partial fix from talks on U.S. green subsidy law
BRUSSELS (Reuters) -The European Union should not expect talks with the United States to resolve all the problems it sees…