EXPLAINER: What would paying for natural gas in rubles mean?
BERLIN (AP) — Europe’s already high gas prices have gyrated since Russian President Vladimir Putin announced plans to have importers…
March 2022
US growth in Q4 revised lower to 6.9%, slower growth to come
WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December,…
German Govt Advisers Slash GDP Outlook, See Recession Risk
BERLIN (Reuters) -The German government’s council of economic advisers more than halved its growth forecast for Europe’s largest economy on…
EU proposes new rules to discourage disposable fast fashion
BRUSSELS (AP) — The European Union warned consumers to stop using their clothes like disposable facial tissues and said Wednesday…
Exclusive-China’s CNOOC Plans North Sea Oil Exit In Strategic Shift
By Ron Bousso, Shadia Nasralla and Chen Aizhu LONDON (Reuters) – China’s biggest offshore producer CNOOC Ltd is preparing to…
Sanctioned Or Not, Russians Abroad Find Their Money Is ‘toxic’
By Kirstin Ridley, Brenna Hughes Neghaiwi and Danielle Kaye LONDON/ZURICH/NEW YORK (Reuters) – Yevgeny Chichvarkin, a telecoms tycoon who fled…
Portugal’s new govt sees EU aid as firing up economic growth
LISBON, Portugal (AP) — Members of Portugal’s center-left Socialist Party are set to be sworn into office Wednesday for the…
BoE’s Broadbent Sees Value In Guidance, As Long As It’s Clear
By Andy Bruce and William Schomberg LONDON (Reuters) -Bank of England Deputy Governor Ben Broadbent said on Wednesday that policymakers…
U.S. SEC Set To Unveil Tighter Rules On Blank-check Companies
By Chris Prentice WASHINGTON (Reuters) – The U.S. securities regulator on Wednesday will unveil a proposal to tighten its rules…
IKEA UK To Close Tottenham Store, 450 Jobs Impacted
LONDON (Reuters) – Home furnishings retailer IKEA said on Wednesday it planned to close its store in Tottenham, north London,…