Oil falls on high US production, despite strong demand signals
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen,...
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Sterling eases after UK inflation slows in October
British Pound and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Dollar shakes off weakness after investors rethink Fed outlook
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 15...
EU agrees law to hit fossil fuel imports with methane emissions limit
European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman Acquire Licensing RightsNov 15...
Turkey’s crypto rules seen addressing licensing, taxation after boom
Crypto asset regulation expected in 2024Platform licensing and taxation seen as focusTurkey seeking to shed FATF grey-list statusCrypto booming amidst...
US renews waiver letting Iraq pay Iran for electricity
A man works on an electrical generator board during power outages in Basra, Iraq August 21, 2021. Picture taken August 21, 2021. REUTERS/Essam al-Sudani/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - The United States has issued a new 120-day waiver allowing Iraq to pay Iran for electricity, U.S. officials said on Tuesday, stressing Tehran could only use the funds for humanitarian trade and seeking to blunt criticism of giving Iran the money.U.S. officials said the waiver was identical to one in July that for the first time allowed Iraq...
Dollar sinks after data shows US inflation cooling
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNEW YORK, Nov 14...
Wall St, European stocks soar after soft U.S. inflation data
NEW YORK/LONDON, Nov 14 (Reuters) - World stocks soared on Tuesday after U.S. inflation data came in cooler than forecast in October, fuelling investor bets that an era of interest rate rises is over and borrowing costs may even soon start to fall.Data showed U.S. consumer prices were unchanged in October amid lower gasoline prices, while underlying inflation showed signs of slowing. Excluding volatile food and energy components, the CPI increased 0.2% amid higher costs for rental housing. Analysts polled by Reuters had expected a 0.3% gain.By 12:02 p.m. ET...
US, UK impose new round of sanctions on Hamas following attack
U.S. Treasury Secretary Janet Yellen attends a press conference after a meeting with Chinese Vice Premier He Lifeng, ahead of...
EU agrees mineral supply targets to cut reliance on China
European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman Acquire Licensing RightsCritical minerals law likely to enter force early 2024Deal increases ambitions on recyclingAluminium and synthetic graphite added to key mineralsBRUSSELS, Nov 13 (Reuters) - Negotiators for EU governments and lawmakers reached a deal on Monday on targets for domestic supply of critical minerals such as lithium and nickel to reduce its reliance on third countries, principally China.The European Commission proposed the Critical Raw Materials Act in March, a centrepiece of EU strategy...