US dependence on Canada’s oil should deter Trump tariffs, industry says
By Nia Williams (Reuters) – Canada’s energy industry does not expect U.S. President-elect Donald Trump’s broad plans for protectionist trade measures will include tariffs on Canadian oil imports, because many…
UK Financial Regulators Introduce New Rules for Critical Third-Party Risks
UK financial regulators have confirmed new rules to strengthen the resilience of technology and other third parties providing essential services to financial firms. Financial institutions and market infrastructures increasingly depend…
US dollar has room to rally further – Morgan Stanley
Investing.com – The US dollar has benefited from the country’s recent election results, and Morgan Stanley (NYSE:MS) expects more strengthening ahead as the new Trump administration starts to enact its…
COP29: Host nation Azerbaijan hits out at West in defence of oil and gas industry
By William James and Kate Abnett BAKU (Reuters) -Azerbaijani President Ilham Aliyev used a keynote speech at the COP29 climate summit to lash out at Western critics of his country’s…
Oil prices steady ahead of OPEC report, China stimulus limit gains
By Emily Chow (Reuters) – Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while investor disappointment over China’s latest stimulus plan and oversupply…
US sets methane fee on oil, gas emitters as Biden term winds down
By Valerie Volcovici BAKU, AZERBAIJAN (Reuters) – U.S. President Joe Biden’s administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the…
Dollar roars with bitcoin as Trump trades shine; euro and yuan slump
By Kevin Buckland and Harry Robertson TOKYO/LONDON (Reuters) -The U.S. dollar rose to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued…
Exclusive-Beijing pushes to join security efforts for citizens in Pakistan, sources say
By Asif Shahzad ISLAMABAD (Reuters) – Beijing is pushing Pakistan to allow its own security staff to provide protection to thousands of Chinese citizens working in the South Asian nation,…
Iran says it will pursue ‘its interest’ when asked about possibility of Trump talks
DUBAI (Reuters) – Iran will pursue whatever secures its interest, government spokesperson Fatemeh Mohajerani said on Tuesday, when asked if there could be direct talks with the Trump administration. “Whatever…
Dollar extends gains as traders position for new Trump administration
Investing.com – The U.S. dollar rose Tuesday to a four-month high as traders continued to position for the new Trump administration and a more restrictive Federal Reserve. At 04:00 ET…