Oil prices settle higher on optimism about fuel demand in China
By Laura Sanicola (Reuters) -Oil prices settled higher on Monday, reversing losses as investors grew optimistic that holiday travel in…
Europe
Zambia has sent debt restructuring proposal to official creditors
LONDON (Reuters) – Zambia has sent a debt restructuring proposal to its official creditors, a spokesperson for the government’s advisors…
Floating wind power gains traction but can it set sail?
By Nina Chestney and Susanna Twidale LONDON (Reuters) – After a bumper year for floating offshore wind farm tenders, the…
Trial opens in Justice Department bid to force Assa Abloy to scrap deal
WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and Assa Abloy, the world’s biggest lockmaker, began arguments Monday in…
Daimler Truck Q1 operating profit beats estimate
FRANKFURT (Reuters) – Daimler Truck on Monday said its first-quarter results came in above market expectations, boosted by what it…
S.Korea’s Yoon to meet Biden as doubts grow over nuclear umbrella
By Hyonhee Shin SEOUL (Reuters) -South Korean President Yoon Suk Yeol set off on Monday for the United States and…
Ex Barclays banker says faced racial hostility after whistleblowing
By Kirstin Ridley LONDON (Reuters) – A former Barclays banker alleges he was undermined, harassed and denied appropriate compensation and…
Bayer confirms 2023 sales, earnings outlook
FRANKFURT (Reuters) – German pharmaceuticals and agriculture group Bayer on Monday confirmed its 2023 sales and earnings guidance and reiterated…
Goldman Sachs lifts UniCredit stake to 7.6%
MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative…
ECB has travelled most of the way towards higher interest rates – Villeroy
PARIS (Reuters) – The European Central Bank has already gone “most of the way” in raising interest rates to tackle…