By David Shepardson and Ernest Scheyder WASHINGTON (Reuters) -The Biden administration said on Wednesday it is awarding $2.8 billion in…
BNP sees Fed terminal rate of 5.25% in Q1, U.S. recession in Q2
NEW YORK (Reuters) – BNP Paribas expects the Federal Reserve to push the fed funds rate to a peak of…
U.S. Senate panel advances bill to rein in OPEC+ over oil output cut
WASHINGTON (Reuters) – A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after…
Factbox-Energy crisis revives coal demand and production
(Reuters) – High natural gas prices and global competition for the fuel have driven more demand for thermal coal for…
Russian lawmaker urges WhatsApp ban for state employees
By Alexander Marrow MOSCOW (Reuters) – A Russian lawmaker on Wednesday urged state institutions to stop using WhatsApp messenger and…
Japan securities association says data leaked from Mitsubishi UFJ Morgan Stanley Securities
TOKYO (Reuters) – The Japan Securities Dealers Association (JSDA) said on Wednesday client data was leaked from brokerage Mitsubishi UFJ…
Fed says firms gloomier on outlook, but inflation pressures easing
(Reuters) -U.S. economic activity expanded modestly in recent weeks, although it was flat in some regions and declined in a…
Marketmind: Reality check
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If investors needed…
Cuba calls U.S. trade embargo a ‘hurricane’ that never ends
HAVANA (Reuters) – Cuba on Wednesday said the decades-old U.S. trade embargo has been causing record financial losses and untold…
Oil up in tight market as U.S. sets release of more reserves
By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday as caution over tightening supply countered the negative impact…