ISTANBUL (Reuters) – Turkey’s ruling AK Party is preparing a draft law to let people and companies restructure debt to…
Turkish consumer confidence rises to 79.1 points in January
ISTANBUL (Reuters) – Turkey’s consumer confidence index rose 4.6% to 79.1 points in January, official data showed on Monday, increasing…
Davos 2023: Big oil comes in from the cold on energy transition
By Maha El Dahan DAVOS, Switzerland (Reuters) – A different type of energy transition has taken place at this year’s…
Potanin says sanctions constrain Nornickel, force it to adjust strategy
(Reuters) – Nornickel boss Vladimir Potanin, one of Russia’s richest men, said on Monday that the metals giant was reworking…
Iranian currency falls to record low amid isolation and sanctions
DUBAI (Reuters) – Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s…
Oil settles up more than 1% on China demand outlook, second weekly gain
By Laila Kearney NEW YORK (Reuters) -Oil settled up about $1 a barrel on Friday and notched a second straight…
U.S. fines J&J $9.75 million over kickbacks to surgeon for overseas surgeries
By Jonathan Stempel (Reuters) – Johnson & Johnson and its DePuy Synthes unit will pay $9.75 million to settle U.S.…
Little room for gloom at Dublin’s Davos for aircraft financiers
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – While the prospect of global recession casts a long shadow over…
Swiss National Bank chairman says inflation ‘far too high’
By John Revill ZURICH (Reuters) -Fighting inflation and ensuring price stability is “absolutely essential”, Swiss National Bank (SNB) Chairman Thomas…
Egypt’s soaring prices drive home economic pain
By Mariam Rizk CAIRO (Reuters) -In better times, Om Mohamed’s family used to take holidays at resorts on Egypt’s Red…