U.S. President Biden Says Russian Oil Price Cap In Play
NANTUCKET, Massachusetts (Reuters) – President Joe Biden said on Thursday a price cap on Russian oil being proposed by the…
Headlines
UAE’s Deal-hungry IHC Plans Health And IT Business IPOs
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) – International Holding Company plans to sell 20% of its technology…
EU nations fail to close rift on gas prices as cold sets in
BRUSSELS (AP) — On winter’s doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price…
Oil Drops As Price Cap Proposal Eases Supply Concerns
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed…
Postal Savings Bank Of China To Provide $39 Billion Of Property Sector Financing
BEIJING (Reuters) – Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion)…
Stellantis Looks To India For Affordable EVs For Europe Amid Competition From China
By Aditi Shah NEW DELHI (Reuters) – Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles in…
Remy Cointreau First-half Profit Beats Estimates, Cautiously Optimistic On China
By Dominique Vidalon PARIS (Reuters) – France’s Remy Cointreau reported a stronger-than-expected 27% jump in first-half operating profit and kept…
Foxconn apologizes for pay dispute at China factory
BEIJING (AP) — The company that assembles Apple Inc.’s iPhones apologized Thursday for a pay dispute that triggered employee protests…
Foxconn Apologises For Pay-related Error At China IPhone Plant After Worker Unrest
By Yimou Lee and Brenda Goh TAIPEI/SHANGHAI (Reuters) – Foxconn said on Thursday a pay-related “technical error” occurred when hiring…
Mapfre Offers One-time 400-euro Bonus To Employees To Offset Inflation
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000…