By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON (Reuters) -Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, according to companies that track the flows, on higher shipments to China and Venezuela. Tehran’s oil exports have been limited since …
Iranian oil exports end 2022 at a high, despite no nuclear deal Read More »
A look at the day ahead in European and global markets from Anshuman Daga The land of rising yields is the No. 1 focus of investors on Monday, as Japan’s central bank may again let its bond-market peg go higher. The yen surged to its highest in more than seven months as traders ramped up …
LIMA (Reuters) – Peru’s economy expanded 1.68% in November compared with the same month a year before, the national statistics institute (INEI) said on Sunday, marking a slight slowdown from the year-on-year rise of 2.01% in October. Various sectors in the world’s no. 2 copper producer drove growth in November, including mining, agriculture, power utilities, …
Peru’s economy grows 1.68% year-on-year in November Read More »
By Tatiana Bautzer SAO PAULO (Reuters) – Brazilian bank Banco BTG Pactual SA has appealed a court injunction that protected billionaire-backed retailer Americanas from creditors on Friday, documents seen by Reuters show. In an appeal filed on Saturday, BTG lawyers argue the court injunction orders illegaly the reversal of a payment made by Americanas to …
By Fergal Smith TORONTO (Reuters) – As Canadian inflation slows, the cost of essentials, such as food and rent, offers pointers as to whether it will return sustainably to the Bank of Canada’s 2% target, say economists, as those items are key drivers of inflation expectations. Canada’s consumer price index report for December, due on …
Is Canadian inflation on a sustainable path to 2%? Essentials offer clues Read More »
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data showed on Sunday, with price rises again driven mainly by housing costs. Prices rose 0.3% month on month in December, compared with a 0.1% monthly rise in November, Saudi Arabia’s General Authority for Statistics said. …
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) – The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday. Saad al-Kaabi, Qatari state minister …
Qatar, UAE energy ministers say gas will be needed for long time Read More »
By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA could be liable to repay up to 40 billion reais ($7.9 billion) in debt earlier than planned, if the retailer is found in breach of covenant after reporting “accounting inconsistencies.” A group representing minority shareholders …
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following their quarterly results, which kicked off the earnings season. All three major indexes also registered strong gains for the week, leaving the S&P …
S&P 500 ends at highest in month, indexes gain for week as earnings kick off Read More »
By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its computer outage on Wednesday that disrupted 11,000 flights was “completely unacceptable” and demanded the agency explain how it will avoid future incidents. House Transportation Committee Chair Sam Graves and the top Democrat on the panel …
U.S. lawmakers call FAA outage ‘unacceptable,’ demand a fix Read More »
