By Laura Sanicola (Reuters) -Oil prices settled up by more than 5% on Friday amid uncertainty around future interest rate…
Investors pile into cash at fastest rate since COVID crisis-BofA
LONDON (Reuters) -Investors put money into cash at the fastest pace at the start of a quarter since the 2020…
Enel teams up with Brenmiller to test rock-based energy storage
MILAN (Reuters) – Italy’s biggest utility Enel and Israel’s Brenmiller Energy have teamed up to build a rock-based storage system…
Saudi Arabia considers new mining index in diversification push
By Praveen Menon SYDNEY (Reuters) – Saudi Arabia is considering setting up a new metals and mining stock exchange index…
Teva to pay up to $4.2 billion in U.S. to settle opioid claims
(Reuters) – Teva Pharmaceuticals will pay up to $4.2 billion in the United States to settle claims related to its…
Teva to pay $523 million to New York as it looks to move past opioid lawsuits
By Steven Scheer JERUSALEM (Reuters) -Teva Pharmaceutical Industries Ltd will pay up to $523 million to New York State as…
Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes delivered by central…
Oil prices gain by tight supply; other risk assets swoon on Fed rate hike
By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday, gaining ground even as other risk assets dropped following…
Most Gulf central banks raise interest rates after Fed’s move
DUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve…
UAE and U.S. reach deal for $100 billion in clean energy projects
ABU DHABI (Reuters) -The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean…