EU to seek COP28 deal on phasing out fossil fuels, draft document says
A coal-fired power station scheduled to shut down is seen in As Pontes, Spain, February 8, 2022. Picture taken February...
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Column: Crude oil prices stalled as hedge funds sold
A PT Pertamina worker walks near crude oil tanks on Bunyu island, Indonesia's East Kalimantan province February 8, 2011. REUTERS/Beawiharta Acquire Licensing RightsLONDON, Aug 29 (Reuters) - Crude oil prices have stalled as the wave of hedge fund buying that helped lift them throughout July and the first part of August has been replaced by gentle selling.Hedge funds and other money managers sold the equivalent of 30 million barrels in the six most important petroleum futures and options contracts over the seven days ending on Aug. 22.Nearly all the sales...
Wall St rallies, Treasury yields retreat as data hints at potential Fed pause
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023....
Poland asks EU’s top court to cancel three climate policies
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS,...
Powell signals no retreat, no surrender
Federal Reserve Chair Jerome Powell walks in Teton National Park where financial leaders from around the world gathered for the...
Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand
A banner of Thyssenkrupp Nucera is displayed outside the Frankfurt stock exchange prior to Thyssenkrupp Nucera's IPO in Frankfurt, Germany,...
Oil inches up after China moves to support flagging economy
China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/File Photo Acquire Licensing RightsSINGAPORE, Aug 28 (Reuters) - Oil prices ticked higher on Monday after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand.Brent crude rose 19 cents, or 0.2%, to $84.67 a barrel by 0627 GMT, while U.S....
Asia shares edge higher, data-packed week ahead
A man walks past an electric monitor displaying Nikkei share average and the Japanese yen exchange rate against the U.S....
European stocks edge up, euro dips on ECB rate pause expectations
LONDON, Aug 25 (Reuters) - European shares edged higher and the euro fell to its lowest since mid-June on Friday...
Morning Bid: Dollar rockets as Powell trumps AI
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
