Fires observed on board Greek-flagged tanker in Red Sea, says maritime agency

CAIRO (Reuters) – Three fires have been observed on board a Greek-flagged oil tanker in the Red Sea, The United Kingdom Maritime Trade Operations (UKMTO) said on Friday, one day after…

South African rand jumps as Fed’s Powell signals lower rates

JOHANNESBURG (Reuters) -The South African rand jumped on Friday, after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month. At 1520 GMT, the rand traded…

Massive blackouts roil Cuba

By Nelson Acosta and Alien Fernandez CARDENAS, Cuba (Reuters) – Power outages totaling 14 hours or more per day were reported on Thursday across much of crisis-racked Cuba, leaving millions…

Oil climbs with U.S. Federal Reserve pivot

By Erwin Seba HOUSTON (Reuters) – Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest rate cuts would be among the…

Poland reports outbreak of bird flu on poultry farm, WOAH says

PARIS (Reuters) – Poland has reported an outbreak of the highly pathogenic H5N1 strain of avian influenza, or bird flu, on a poultry farm in the west of country, the…

Sterling climbs to highest since March 2022 against dollar

(Reuters) – Sterling rose to a more than two-year high versus the dollar on Friday, as investors took comfort from signs of strength in the British economy at a time…

US imposes sanctions on 400 more targets for aiding Russia’s war effort

By Simon Lewis (Reuters) – The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting Russia’s war effort in Ukraine, the State Department said,…

Sterling rises to highest in over two years versus dollar

(Reuters) – Sterling rose to a more than two-year high versus the dollar on Friday, as investors took comfort from signs of strength in the British economy at a time…

Oil up over 1% but set to end week down on demand concerns

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower as weaker U.S. employment data raised…

Oil prices rise, but still set for weekly losses on demand jitters

Investing.com– Oil prices firmed Friday, helped by some bargain buying, but were still headed for weekly losses amid persistent concerns over slowing demand.  At 08:50 ET (12:50 GMT), Brent oil…