Oil Leaps 6% As OPEC+ Shocks Markets By Cutting Output Target
By Shariq Khan BENGALURU (Reuters) – Oil benchmarks jumped 6% on Monday, the day after the OPEC+ group jolted markets…
April 2023
EU Car Data Access Rules In Progress But No Timeline
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission is working on rules to ensure fair access to valuable…
US FTC Orders Illumina To Divest Cancer Detection Test Maker Grail
By Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission (FTC) on Monday ordered Illumina to divest cancer diagnostic test…
Rogers Closes Deal To Acquire Shaw Communications
(Reuters) – Canadian telecommunications company Rogers Communications Inc said on Monday it closed the C$20 billion ($14.87 billion) deal to…
Canada’s Teck Resources Rejects $22.5 Billion Buyout Offer From Glencore
(Reuters) -Teck Resources Ltd on Monday rejected an unsolicited $22.5 billion bid from Swiss commodity firm Glencore Plc, sending the…
Oil Surges As OPEC+ Surprise Output Target Cuts Shake Markets
By Noah Browning LONDON (Reuters) – Oil prices surged on Monday, posting their biggest daily rise in nearly a year,…
Airbus In Talks For New China Jet Order Ahead Of Macron Visit
By Tim Hepher and Michel Rose PARIS (Reuters) – European planemaker Airbus is negotiating a new round of plane orders…
Chinese Lenders Focus On Risk Management Amid Global Banking Crisis
BEIJING (Reuters) – China’s top lenders should enhance risk management practices and be more sensitive to macroeconomic fluctuations, senior Chinese…
UK’s Cineworld Terminates Sale Process For U.S., UK Businesses
(Reuters) – Movie chain operator Cineworld Group said on Monday it has terminated the sale process for its U.S., UK…
Asia’s Factory Activity Weakens As Global Demand Falters
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity weakened in March as soft overseas demand hurt output, surveys showed…