By Peter Hobson LONDON (Reuters) – Gold prices are expected to rise towards record highs above $2,000 an ounce this…
Exxon set to order 5th Guyana oil vessel, sizing up more blocks
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp. is preparing to approve its fifth oil production project in Guyana…
Walgreens removes purchase limits on children’s fever medicines
(Reuters) – Pharmacy chain Walgreens Boots Alliance Inc said on Monday it has removed online-only purchase limits for its over-the-counter…
Dollar finds its footing near seven-month low, all eyes on yen
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar started the week on the back foot, hitting a…
France to push for ‘Made in Europe’ strategy at February EU summit
By Jan Strupczewski BRUSSELS (Reuters) – France wants the European Union to adopt a “Made in Europe” industrial strategy in…
EU’s Dombrovskis: Some positive economic signs but must remain vigilant
BRUSSELS (Reuters) – The European Union might escape the steep economic recession some had predicted several months ago, when energy…
Morgan Stanley cuts year-end dollar forecast
(Reuters) -Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to…
EU Commission wants first joint purchases of gas by summer
BRUSSELS (Reuters) – The European Commission aims for EU countries to start jointly buying gas “well before summer”, European Commission…
House Speaker says Democrats should cap spending to avoid U.S. debt default
WASHINGTON (Reuters) – House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government…
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of…