Brazil to Keep Pace of Interest Rate Cuts Amid Global Tensions
Brazil’s central bank will likely deliver its third half-point interest rate cut as bets on slowing inflation coupled
2023-11-01 17:59
Schumer Urges US FTC Probe of Exxon, Chevron Mega-Deals
Senate Majority Leader Chuck Schumer is urging the US Federal Trade Commission to look into whether Exxon Mobil
2023-11-01 17:56
Pakistan’s Inflation Slows in October Amid Elevated Rates
Pakistan’s inflation eased in October as authorities slashed fuel prices and cracked down on currency hoarders to tame
2023-11-01 17:54
Lashed by Storms, Europe Set for Milder November Temperatures
Europe will see mild and wet weather in November, delaying the start of the heating season yet again,
2023-11-01 17:25
European Gas Slides on Subdued Demand and Contained War Outlook
European natural gas prices declined for a second day as November kicked off with a mild and windy
2023-11-01 16:45
Orsted Drops US Wind Projects, Taking $4 Billion Impairment Hit
Orsted A/S dropped the development of two US wind projects, recording impairment charges significantly above its previous predictions
2023-11-01 15:26
Toyota Raises Profit Forecast 50% on Weak Yen, Record Sales
Toyota Motor Corp. raised its operating profit forecast 50% after posting record quarterly earnings, thanks to a weaker
2023-11-01 15:18
In Major Protectionist Move, Spain Considers Stake in Telefonica
Spain is considering whether to shield its “most strategic” company from foreign takeovers in what could be the
2023-11-01 13:53
World’s Top Renewable Firms Reel Even as Installations Surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years
2023-11-01 13:19
El Niño Is Biggest Wildcard for World’s Most Consumed Edible Oil
Cooking oil traders are meticulously sifting through weather maps and production data for Indonesia in a quest for
2023-11-01 11:26
China Loosens Carbon Rules After Prices Hit Record to Ensure Power Winter Demand Is Met
China has loosened the rules governing its carbon market after prices rose to a record, to make it
2023-11-01 11:26
Asia Factories Grapple With High Costs Amid Israel-Hamas War
Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher,
2023-11-01 11:21