Watch the euro, it’s heading for parity
The biggest single pipeline carrying Russian gas to Germany starts annual maintenance on Monday with flows expected to stop for ten days. Markets fear the shutdown might be extended due…
The biggest single pipeline carrying Russian gas to Germany starts annual maintenance on Monday with flows expected to stop for ten days. Markets fear the shutdown might be extended due…
France’s energy-intensive companies are speeding up contingency plans and converting their gas boilers to run on oil as they seek to avoid disruption in the event any further reduction in…
Israel on Sunday opted against a Tel Aviv public offering of its financially strapped postal service, instead putting up all of Israel Post Co for sale to a private investor…
South Korea’s Samsung Electronics Co Ltd (005930.KS) turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand…
Tesla (TSLA.O) in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, data showed on Friday, as the US carmaker ramped up output…
An Indian cement maker’s recent purchase of Russian coal using yuan involved India’s biggest private lender, HDFC Bank, according to an invoice seen by Reuters and a source, as more…
The upcoming corporate earnings season could prompt another sharp fall in global share prices with profit forecasts looking far too upbeat given mounting recession risks, investors and analysts warn. After…
Volkswagen (VOWG_p.DE) said on Thursday it would invest over 20 billion euros ($20.38 billion) in a battery cell business jointly with partners, creating 20,000 jobs and reaching annual sales above…
Drugmaker Merck & Co (MRK.N) is in advanced talks to buy cancer-focused biotech company Seagen Inc (SGEN.O) in a deal that could be worth roughly $40 billion or more, the…
Shell (SHEL.L) said on Thursday said it would reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its energy prices outlook following Russia’s invasion…