By Florence Tan SINGAPORE (Reuters) -Oil prices stabilised near three-week highs on Thursday after OPEC+ agreed to further tighten global crude supply with a deal to slash production by about 2 million barrel per day, the largest reduction since 2020. Brent crude futures for December settlement edged up 4 cents to $93.41 per barrel by…
BEIJING (AP) — Asian shares followed Wall Street lower Friday ahead of U.S. jobs data investors hope will persuade the Federal Reserve to ease off plans for more interest rate hikes. Tokyo and Hong Kong, the region’s biggest markets, retreated. Chinese markets were closed for a holiday. Oil prices were little-changed. Wall Street’s benchmark S&P…
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) – When Japanese Prime Minister Fumio Kishida vowed this week to wring more gains from the weak yen, which has become instead a source of economic pain, he was pinning his hopes on the likes of Soichi Yoshimura, 33, and his strawberry farm north of Tokyo. Most…
(Reuters) – Australian prudential regulator said on Thursday it will collaborate with the government and other regulatory bodies for “controlled process” of data sharing between its regulated entities and Singapore Telecommunications’ unit Optus. The move comes weeks after Optus, the country’s second-largest mobile operator, faced a massive cyberattack that compromised data of up to 10…
By Jonathan Cable LONDON (Reuters) – Britain’s battered pound will be around 3.6% stronger in a year, according to a Reuters poll in which analysts were divided, however, on whether the currency would reach parity with the U.S. dollar by year-end after it sank to a record low last week. Sterling dived to an all-time…
By Emily Chow SINGAPORE (Reuters) -Cargill Inc seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a senior executive of the global commodities trader said on Wednesday. One of the world’s biggest ship charterers, Cargill has been testing the…
DENVER (AP) — The Colorado baker who won a partial Supreme Court victory after refusing on religious grounds to make a gay couple’s wedding cake a decade ago is challenging a separate ruling he violated the state’s anti-discrimination law by refusing to make a cake celebrating a gender transition. A lawyer for Jack Phillips on…
By Laila Kearney (Reuters) – Oil prices edged up in early Asian trade on Thursday after OPEC+ agreed to further tighten global crude supply with a deal to slash oil production by about 2 million barrel per day. The agreement between the Organization of Petroleum Exporting Countries and allies including Russia, a group known as…
The unusually low water level in the lower Mississippi River is causing barges to get stuck in mud and sand, disrupting river travel for shippers, recreational boaters and even passengers on a cruise line. Lack of rainfall in recent weeks has left the Mississippi River approaching record low levels in some areas from Missouri south…
By Tom Hals and Anirban Sen WILMINGTON, Del. (Reuters) -Elon Musk and Twitter Inc may reach an agreement to end their litigation in coming days, clearing the way for the world’s richest person to close his $44 billion deal for the social media firm, a source familiar with the matter told Reuters. Musk, who is…
