OPEC+ cuts partly due to reshaping of global oil flows, IEA says
By Ahmad Ghaddar LONDON (Reuters) – European Union and G7 restrictions on Russian oil exports led to a global shift…
Middle East
EU parliament graft suspect Kaili released to house arrest
BRUSSELS (Reuters) – Eva Kaili, the former European Parliament vice president accused of accepting bribes in one of the biggest…
Factbox-Tesla cuts more prices in a bid to spur demand
(Reuters) – Tesla Inc on Friday slashed prices of its electric vehicles in Europe, Israel and Singapore, extending a global…
IMF says yet to agree date with Egypt for programme review
CAIRO (Reuters) -Egypt and the International Monetary Fund have yet to agree on a date for the initial review under…
Explainer-Why markets are in uproar over a risky bank bond known as AT1
LONDON (Reuters) – Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion…
China reopening spurs record inflows into emerging market funds -BofA
LONDON (Reuters) -Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in…
Fund manager allocation to U.S. stocks in January collapses – BofA survey
By Samuel Indyk LONDON (Reuters) – Fund managers’ allocation to U.S. equities collapsed in January, with 39% saying they had…
U.S.-China friction stokes concern among some top finance bosses
LONDON (Reuters) – The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing…
Investors jump into equities and bonds in Goldilocks scenario – BofA
LONDON (Reuters) -Investors poured money into equity and bond funds and moved money out of gold in the week to…
Tight supply to support oil prices in H2, Morgan Stanley says
(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by…