ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti on Monday called for a common European Union approach to support competitiveness…
UK consumer spending fails to keep pace with inflation: surveys
LONDON (Reuters) – British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to…
Russian oil sanctions fuel boom for old tankers
By Julia Payne and Jonathan Saul LONDON (Reuters) – The market for old oil tankers is booming, and it’s all…
Tax credits for EU electric vehicles dominate U.S. trade talks
By Andrea Shalal and David Lawder COLLEGE PARK, Md. (Reuters) -The United States and the European Union on Monday cited…
Shares, bond prices fall as U.S. data sparks rate hike fears
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks and Treasury prices fell on Monday as new…
Bankman-Fried says he will testify before U.S. House committee
(Reuters) – FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after…
Oil falls over 3% after data raises Fed interest rate worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S.…
BP doubles down on hydrogen as fuel of the future
By Ron Bousso LONDON (Reuters) – BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses…
Dollar gains broadly as upbeat U.S. data muddles Fed rate hike views
By John McCrank NEW YORK (Reuters) – The dollar gained against the yen, the euro and the pound on Monday…
Credit Suisse business is stable, chairman tells broadcaster SRF
ZURICH (Reuters) -Credit Suisse is “definitely stable,” Chairman Axel Lehmann told Swiss broadcaster SRF on Monday, adding that the embattled…