WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve,…
State Department launches ‘China House’ amid rivalry with Beijing
WASHINGTON (Reuters) – The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help…
Peru’s central bank slightly lowers 2023 economic growth estimate
LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to…
Poland inks deal with Saab for naval training system
WARSAW (Reuters) – Poland is buying a system to train naval crews in anti-submarine warfare from Sweden’s Saab, its defence…
Factbox-How governments are trying to ease impact of inflation
(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up…
ECB’s Knot says Fed is closer to end of rate hikes than ECB
AMSTERDAM (Reuters) – The European Central Bank (ECB) has a longer way to go in raising interest rates than the…
FTX debtors file bidding procedures motion for sale of four businesses
(Reuters) – FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court…
Russian cenbank says Otkritie sale will go through this year
MOSCOW (Reuters) – Russia’s Central Bank Governor said on Friday that the sale of bailed-out lender Otkritie Bank to Russia’s…
Debt-laden Italy lashes out at ‘crazy’ ECB after rate hike
By Alvise Armellini and Francesco Canepa ROME/FRANKFURT (Reuters) – Italian ministers lashed out at the European Central Bank on Friday,…
Energy crisis fuels coal comeback in Germany
By Vera Eckert and Tom Sims FRANKFURT (Reuters) – Coal has made a comeback in Germany this year, as Europe’s…