Germany’s Scholz says Biden’s decision to drop reelection bid ‘deserves recognition’
FRANKFURT (Reuters) – German Chancellor Olaf Scholz said on Sunday that U.S. President Joe Biden’s decision to drop his reelection bid deserved recognition, and praised his achievements including strengthening the…
Porsche could take stake in battery maker Varta as part of major overhaul
By Alexander Hübner MUNICH (Reuters) -German battery maker Varta on Sunday said it is discussing two restructuring scenarios that could potentially lead to luxury sportscar maker Porsche taking a stake…
Ecuador and Chilean subsidiary ENAP renegotiate oil agreement
QUITO (Reuters) – Ecuador and a subsidiary of Chile’s state-owned oil company ENAP renegotiated an existing agreement for the exploitation of an oil block in the Ecuadorian Amazon (NASDAQ:AMZN), with…
Dollar climbs for the week, cyber outage unsettles investors
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar climbed on Friday and was set to snap a two-week streak of declines as a worldwide cyber outage that affected banks, airlines…
Oil settles at one-month low on Gaza ceasefire hopes
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled over $2 lower on Friday at their lowest level since mid-June as investors eyed a possible ceasefire in Gaza, while a strengthened…
Oil prices in weekly loss after settling sharply lower amid China demand concerns
Investing.com– Oil prices fell to a weekly loss after settling sharply lower Friday, as dollar strength and ongoing concerns about demand from top oil importer China offset ongoing signs of improving…
US court will not halt power plant emissions rule as states challenge it
By Brendan Pierson (Reuters) – A U.S. appeals court on Friday ruled that a regulation ordering deep cuts in power plants’ carbon emissions can go ahead while it considers a…
Oil down $2 as investors eye Gaza ceasefire hopes
By Georgina McCartney HOUSTON (Reuters) -Oil prices dropped on Friday by more than $2 as investors reacted to renewed hopes of a ceasefire in Gaza, while a strengthened dollar further…
Oil falls $1 a barrel with Gaza ceasefire in sight, easing supply fears
By Georgina McCartney HOUSTON (Reuters) – Oil prices fell on Friday on renewed hopes of a ceasefire in Gaza, while a strong dollar further weighed on the market. Brent crude…
Oil slips as strong dollar, China worries offset supply outlook
By Ahmad Ghaddar LONDON (Reuters) -Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a…
