lockdowns

Exclusive: OPEC sees global oil demand growth slowing in 2023, sources say

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices…

3 years ago

U.S. banks finally see upturn in credit-card borrowing

Big U.S. banks including JPMorgan Chase & Co (JPM.N) and Citigroup (C.N) appear set for some earnings boost from a…

3 years ago

Exclusive: Didi pursues EV stake, aiming to emerge from regulatory shadows

China's Didi is in talks with state-backed Sinomach Automobile (600335.SS) to buy a third of its electric-vehicle unit, two sources said, signalling…

3 years ago

Global firms warn of sluggish China demand due to lengthy COVID curbs

May 26 (Reuters) - Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering…

4 years ago

Exclusive: U.S. Treasury’s Yellen and trade czar Tai at odds over China tariffs

President Joe Biden will have to resolve a heated internal debate among his aides over whether to cut taxes on…

4 years ago

NatWest profit jumps as cost-of-living crisis looms

LONDON, April 29 (Reuters) - British lender NatWest (NWG.L) posted a 41% jump in first-quarter profit on Friday, as rising rates boosted…

4 years ago

Analysis: China struggles for options as COVID threatens economic goals

China's policymakers are struggling to find ways to ward off an economic slowdown that threatens job losses in a politically…

4 years ago

Oil slides on release of strategic reserves and China lockdowns

Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to…

4 years ago

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…

4 years ago

In a time of rising inflation, tourism could be Turkey’s rescue

Turkey's annual inflation rate has reached a 20-year high of 48.7%, according to government figures released last week. Turkey's social…

4 years ago