By Vladimir Soldatkin and Guy Faulconbridge MOSCOW (Reuters) -Russia, the world’s biggest exporter of energy, could cut oil production and…
Exclusive-Biden administration drafting executive order to simplify space rules -sources
By Joey Roulette WASHINGTON (Reuters) – U.S. President Joe Biden’s administration is drafting an executive order intended to streamline approval…
Recession drumbeat gets louder as more U.S. CEOs strike mellow note for 2023
By Medha Singh (Reuters) – Corporate America is starting to feel the chill of a looming recession as top executives…
U.S. producer prices increase; near-term inflation expectations ease
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices rose slightly more than expected in November amid a jump in…
France won’t face power cuts Monday, grid operator says
PARIS (Reuters) – France’s RTE grid operator on Friday said the country would not face any power shortages on Monday…
Penguin Random House CEO to quit after merger blocked
BERLIN (Reuters) -Penguin Random House head Markus Dohle will step down at the end of the year after a U.S.…
Bank of Canada will likely need to hold rates above 4% in 2023 -IMF
OTTAWA (Reuters) – The Bank of Canada will likely need to keep interest rates at or above 4% for most…
Some banks may struggle to pay back ECB loans, says EU watchdog
By Huw Jones LONDON (Reuters) – Some banks in the euro zone could struggle to pay back money borrowed from…
Getir buys fast grocery rival Gorillas in $1.2 billion deal
By Ebru Tuncay and Hakan Ersen ISTANBUL (Reuters) – Turkish delivery company Getir has bought German rival Gorillas in a…
Italy’s Snam to pick offshore site for new LNG terminal in early 2023
MILAN (Reuters) – Itay’s Snam will choose the offshore site for its new floating storage and regasification unit (FSRU) in…