OPEC+ set to agree July oil output hike this week, sources say
By Ahmad Ghaddar, Alex Lawler and Yousef Saba LONDON/DUBAI (Reuters) – OPEC+ is likely to agree to a further accelerated…
Category: Economy
Hundred roubles to dollar would be acceptable, says Russian government source
By Darya Korsunskaya MOSCOW (Reuters) -The Russian economy could cope with the rouble sliding back to 100 to the dollar…
Annual gold price forecast tops $3,000 for first time – Reuters poll
By Anmol Choubey (Reuters) – Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000…
Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says
PARIS (Reuters) – France could see a 0.5 percentage point reduction in gross domestic product growth as a result of…
Bullish investors cut cash levels to 15-year low, BofA says
MILAN (Reuters) – Bullish investors cut cash levels to 3.5%, the lowest since 2010, as they went long stocks and…
Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
(Reuters) -Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the…
Coffee’s record highs continue as it approaches $4 per lb
By Maytaal Angel and Marcelo Teixeira NEW YORK (Reuters) -The relentless coffee price rally continued on Thursday as arabica futures…
Fed’s Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing,…
Australia’s HMC Capital launches new digital infrastructure trust in $1.8 billion IPO
By Roushni Nair (Reuters) -Australia’s HMC Capital on Thursday unveiled plans to launch DigiCo REIT, a new digital infrastructure real…
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…