MILAN (Reuters) – Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together…
Chinese dealers seek compensation over Stellantis Jeep failure
SHANGHAI (Reuters) – Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after…
HSBC to stop funding new oil and gas fields as part of policy overhaul
By Lawrence White and Simon Jessop LONDON (Reuters) -HSBC will stop funding new oil and gas fields and expect more…
Exclusive-ECB sees inflation above target through 2025, source says
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank expects inflation to remain above its 2%…
Global investors fly blind into China’s messy post-COVID transition
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – Global investors, already caught off guard by China’s virus-policy U-turn,…
UK house prices rise 12.6% y/y in October
LONDON (Reuters) – British house prices increased by 12.6% year-on-year in October, the Office for National Statistics (ONS) said on…
OMV appoints MOL executive as new board member
(Reuters) – OMV is to expand its board with the appointment of as new executive board member responsible for energy…
German recession will be milder than expected: Ifo
BERLIN (Reuters) – Germany’s recession will be milder than expected, with the economy expected to contract by 0.1% in 2023…
Germany entirely dependent on imports for 14 critical raw materials – study
BERLIN (Reuters) – Germany is highly dependent on imports for many crucial raw materials and often relies entirely on other…
U.S. lawmakers introduce bill to restrict Huawei’s access to banks
(Reuters) -U.S. lawmakers have introduced a bipartisan bill to sanction Chinese tech company Huawei Technologies Ltd and Chinese 5G companies,…