World

Italy expects to sell Monte dei Paschi after restructuring

Rome expects to return Monte dei Paschi di Siena (BMPS.MI) into private hands only after the bailed-out lender completes restructuring steps it is currently discussing with European Union authorities, Italy’s economy minister said on Monday.

Oil prices rise on tight supplies, stable demand

Oil prices rose on Tuesday, recovering some of the previous session’s losses as Kazakhstan’s supplies continued to be disrupted and major producers showed no sign of being in a hurry to boost output significantly.

Morning Bid: “What a mess”

Global markets surged overnight as traders hailed China’s pledge to support its economy, chased an elusive breakthrough for a ceasefire in Ukraine and saluted a hawkish interest rate lift-off by the U.S. Federal Reserve.

War, inflation and oil cap stocks rebound as yields warn

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high oil prices and no end to war in Ukraine kept a lid on the rebound as yields sent a warning signal for the economy.

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of Russian oil and products could be shut in from next month and despite the U.S. Federal Reserve’s decision to raise interest rates.

Italy expects to sell Monte dei Paschi after restructuring

Rome expects to return Monte dei Paschi di Siena (BMPS.MI) into private hands only after the bailed-out lender completes restructuring steps it is currently discussing with European Union authorities, Italy’s economy minister said on Monday.

Oil prices rise on tight supplies, stable demand

Oil prices rose on Tuesday, recovering some of the previous session’s losses as Kazakhstan’s supplies continued to be disrupted and major producers showed no sign of being in a hurry to boost output significantly.

Morning Bid: “What a mess”

Global markets surged overnight as traders hailed China’s pledge to support its economy, chased an elusive breakthrough for a ceasefire in Ukraine and saluted a hawkish interest rate lift-off by the U.S. Federal Reserve.

War, inflation and oil cap stocks rebound as yields warn

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high oil prices and no end to war in Ukraine kept a lid on the rebound as yields sent a warning signal for the economy.

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of Russian oil and products could be shut in from next month and despite the U.S. Federal Reserve’s decision to raise interest rates.

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