Ford says it is ‘at the limit’ with UAW contract offer
(Reuters) – A senior Ford (NYSE:F) executive said Thursday the automaker is “at the limit” of what it can spend…
Country Garden founding family provides $300 million loan, selling jet – report
(Reuters) – The founding family of Country Garden recently loaned the embattled Chinese property developer $300 million interest free, and…
Pakistan set to meet some key targets set by IMF – central bank chief
(Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with…
Dollar lower, but remains elevated after U.S. CPI release
The U.S. dollar edged lower in early European trade Friday, but remained near the previous session’s elevated levels after the…
US imposes first sanctions under Russian price cap on tanker owners
(Reuters) -The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil priced above the G7’s…
NY rejects Orsted, Equinor, BP requests to charge more for offshore wind
(Reuters) – New York regulators on Thursday denied requests by European energy firms Orsted (CSE:ORSTED), Equinor, BP (NYSE:BP) and other…
Gold retreats from 2-week high as dollar snaps 3-day loss
Gold bulls have been reminded again that it’s hard to put the dollar down for too long. Despite a clear…
Oil rises as US sanctions, stockpile forecasts raise supply worries
(Reuters) – Oil prices were up on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising…
Global stocks weighed down by inflation jitters
(Reuters) – Global shares slipped on Friday after stronger-than-expected U.S. inflation figures and upcoming consumer price data from Europe kept…
European stocks mixed; Chinese trade, European inflation data in focus
European stock markets traded in a subdued fashion Friday as investors digested China’s fragile economic performance and more inflation data…