Oil Prices On Track For Weekly Gain Amid High U.S. Demand
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil rose on Friday and was on track for another weekly gain supported by solid…
Reuters
Exclusive-Former Amazon India Seller Says Antitrust Raid Illegally Detained Employees
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) – A former top seller for Amazon in India, Cloudtail, has…
Analysis-Buy Now Pay Later Business Model Faces Test As Rates Rise
By Elizabeth Howcroft LONDON (Reuters) – Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy…
Russian Central Bank Cuts Key Rate To Pre-crisis Level Of 9.5%
(Reuters) – Russia’s central bank cut its key interest rate to the pre-crisis level of 9.5% on Friday and said…
Striking South Korean Truckers Target Chips, Put Brakes On Port Activity
By Byungwook Kim and Heekyong Yang ULSAN, South Korea (Reuters) – Defiant South Korean truckers embarked on broader and more…
Spanish Core Inflation At Its Highest Since 1995, INE Says
(Reuters) – Spanish national consumer prices rose 8.7% year-on-year in May, up from 8.3% in April, with core inflation hitting…
Russian Central Bank To Study Legality Of Banks’ Plans For Fees On FX Accounts
(Reuters) – Russia’s central bank said on Friday it would study the legality of plans by some banks to impose…
Goodbye Golden Arches: Rebranded McDonald’s To Reopen In Russia
(Reuters) – Sunday marks a new dawn for Russia’s fast-food lovers as former McDonald’s Corp restaurants reopen under new branding…
Oil Prices Fall As Partial Shanghai Lockdowns Stoke Demand Worries
By Koustav Samanta and Yuka Obayashi SINGAPORE (Reuters) – Oil prices slipped on Friday but remained within touching distance of…
Russia Forecasts Car Sales To Halve In 2022 – Ministry
(Reuters) – Russia’s Industry Ministry expects car sales to halve in 2022 as the country’s automobile industry grapples with supply…