Cargoes Of Russia’s Flagship Crude Oil At Sea Climb To Record High
HOUSTON (Reuters) – Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels…
May 2022
China Says It Will Take Targeted Steps To Support The Economy
BEIJING (Reuters) -China will broaden tax credit rebates, postpone social security payments and loan repayments, roll out new investment projects…
Global Gas Crunch Claims First Australian Trading Casualty
By Sonali Paul MELBOURNE (Reuters) – A gas seller that supplied 7% of the eastern Australian market has collapsed due…
China’s Property Market Woes Expected To Worsen In 2022 – Reuters Poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property market woes are likely to worsen this year with…
U.S. Agency Issues Order To Speed Baby Formula Ingredient Deliveries
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Motor Carrier Safety Administration (FMCSA) said it was issuing a national emergency…
Airbnb Says Will Shut Domestic Business In China From July 30
SHANGHAI (Reuters) – Vacation rental firm Airbnb Inc said on Tuesday it will shut down all listings and experiences in…
Fed Policymakers Back Two More Big Rate Hikes, But Then What?
By Howard Schneider and Ann Saphir ATLANTA/ SAN FRANCISCO (Reuters) -U.S. central bankers broadly back two more big interest rate…
Asia Stocks Restrained As U.S. Futures Retreat
By Wayne Cole SYDNEY (Reuters) – Asian shares got off to a sluggish start on Tuesday after a rally on…
Bank Of Korea To Raise Rates Again On May 26, To Hit 2.25% By Year End – Reuters Poll
By Shaloo Shrivastava BENGALURU (Reuters) – South Korea’s central bank is likely to hike its benchmark rate at a second…
Amazon to sublease warehouses as online shopping slows
Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped…