European inflation soars to record 7.5% on fuel, food costs
LONDON (AP) — Inflation in Europe soared to another record, according to new EU figures released Friday, in a fresh…
2022
Analysis: Oil prices, Ukraine war create Saudi pivot point
DUBAI, United Arab Emirates (AP) — The world is looking to Saudi Arabia to boost oil production as global energy…
Oil Falls As IEA Members Meet To Discuss Stocks Release
By Shadia Nasralla LONDON (Reuters) -Oil prices fell on Friday ahead of a meeting of International Energy Agency (IEA) member…
High energy costs are hitting UK. It’s about to get worse
LONDON (AP) — Tia Rutherford is worried about her 3-year-old son. As energy prices soared last fall, she tacked fleece…
Rouble, Russian Stocks Hit Over 5-week Highs In Early Moscow Trade
(Reuters) – The Russian rouble touched a more than five-week high in early Moscow trade on Friday before settling close…
Chinese Trade With Russia Feels The Sting Of Ukraine War
SHANGHAI (Reuters) – Chinese exports to Russia are slowing as the rouble swings in value, clear evidence of a ripple…
Shanghai COVID Curbs Prompt Half Of U.S. Firms In China To Cut Revenue Forecasts – Survey
SHANGHAI (Reuters) -More than half of U.S. multinational companies in China have reduced their annual revenue projections, mostly due to…
Stocks edge higher, Treasury yields soar after jobs data
NEW YORK (AP) — Stocks notched modest gains and Treasury yields soared Friday on Wall Street after a healthy report…
Sanofi To List Drug Ingredients Business On May 6
(Reuters) – Sanofi expects to list its drug ingredients business EUROAPI on May 6, having received approval from French stock…
UPS Tries Out ‘eQuad’ Electric Bikes For Urban Deliveries
By Nick Carey LONDON (Reuters) – UPS said on Friday it was trying out a four-wheeled “eQuad” electric cargo bike…