(Reuters) – The Kremlin said on Friday it was finalising the last details of how it would respond to the…
India rupee settlement mechanism draws interest from more nations
By Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of…
Oil prices slid 2% as dollar firms and central banks hike interest rates
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% on Thursday as traders worried about the fuel demand…
Brazil chicken production and exports seen rising in 2023 -industry group
By Ana Mano SAO PAULO (Reuters) – Brazilian chicken processors including heavyweights JBS SA and BRF SA will collectively increase…
Barclays weighs Saudi re-entry amid capital markets boom – sources
By Pablo Mayo Cerqueiro and Hadeel Al Sayegh (Reuters) -Barclays is exploring a return to Saudi Arabia in a bid…
Germany’s half-a-trillion dollar energy bazooka may not be enough
By Christoph Steitz FRANKFURT (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars,…
Oil prices climb by $2 amid forecasts for 2023 demand uptick
By Laura Sanicola (Reuters) -Oil settled up more than $2 on Wednesday after OPEC and the International Energy Agency (IEA)…
Morgan Stanley sees Brent crude oil back at around $110/bbl by mid-2023
(Reuters) – Morgan Stanley on Wednesday said it expects Brent crude oil prices to rally to around $110 per barrel…
EM bulls outnumber bears for first time since July 2021 – HSBC survey
LONDON (Reuters) – A closely-followed HSBC survey has shown the share of investors upbeat on emerging market assets has doubled…
Cepsa and Repsol say fully cooperating with Spain anti-trust investigation
MADRID (Reuters) – Spain’s two largest oil companies Repsol and privately owned Cepsa said on Wednesday they were fully cooperating…