German Govt Advisers Slash GDP Outlook, See Recession Risk
BERLIN (Reuters) -The German government’s council of economic advisers more than halved its growth forecast for Europe’s largest economy on…
Reuters
Exclusive-China’s CNOOC Plans North Sea Oil Exit In Strategic Shift
By Ron Bousso, Shadia Nasralla and Chen Aizhu LONDON (Reuters) – China’s biggest offshore producer CNOOC Ltd is preparing to…
Sanctioned Or Not, Russians Abroad Find Their Money Is ‘toxic’
By Kirstin Ridley, Brenna Hughes Neghaiwi and Danielle Kaye LONDON/ZURICH/NEW YORK (Reuters) – Yevgeny Chichvarkin, a telecoms tycoon who fled…
BoE’s Broadbent Sees Value In Guidance, As Long As It’s Clear
By Andy Bruce and William Schomberg LONDON (Reuters) -Bank of England Deputy Governor Ben Broadbent said on Wednesday that policymakers…
U.S. SEC Set To Unveil Tighter Rules On Blank-check Companies
By Chris Prentice WASHINGTON (Reuters) – The U.S. securities regulator on Wednesday will unveil a proposal to tighten its rules…
IKEA UK To Close Tottenham Store, 450 Jobs Impacted
LONDON (Reuters) – Home furnishings retailer IKEA said on Wednesday it planned to close its store in Tottenham, north London,…
Oil Rebounds On Tight Supply, Prospects Of New Russia Sanctions
By Noah Browning LONDON (Reuters) -Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply…
India Conducts Antitrust Raids On Tyre Companies Apollo, Ceat, Continental – Sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) -India’s antitrust agency on Wednesday raided offices of tyre companies including…
Carrefour Plans EV Charging Stations At French Hypermarkets, Supermarkets
PARIS (Reuters) – Carrefour said on Wednesday it aims to install over 700 electric vehicles charging stations and 5,000 charging…
Auto Manufacturers Scramble As Shanghai Locks Down
(Corrects Thyssenkrupp statement in fourth paragraph after company clarifies that the facility assembles production lines for powertrains and other products…