By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since October, as the U.S. dollar dropped to a seven-month low and more indicators pointed toward growing demand from top oil importer China. Brent crude futures settled at $85.28 a barrel, up …
Oil posts biggest weekly gain since October on China hopes, dollar slump Read More »
(Reuters) – A record number of business and government leaders will descend on the Swiss resort of Davos next week to pore over challenges ranging from global economic slowdown to environmental collapse as the World Economic Forum returns to its winter slot. Criticised by some as a talking shop for the jetset that merely adds …
Davos expects record turnout as resumes winter slot Read More »
Por John McCrank NUEVA YORK, 13 ene (Reuters) – El yen subió el viernes, lo que se sumó a ganancias anteriores por las especulaciones de que el Banco de Japón (BOJ) revisará su política monetaria ultraexpansiva, mientras que el dólar avanzó frente a la mayoría de las otras monedas importantes, para repuntar desde un mínimo …
By Kate Abnett BRUSSELS (Reuters) – The European Union has drafted plans to require companies to back up green claims about their products with evidence, in a bid to fight greenwashing and misleading advertisements, according to a document seen by Reuters. The draft legal proposal by the European Commission aims to clamp down on companies …
EU plans law forcing companies to prove green claims are real – draft Read More »
BERLIN (Reuters) – Climate activist Greta Thunberg condemned the forced removal of protesters from an abandoned village in western Germany as outrageous during a visit to the site, where demonstrators have dug in to try to stop the expansion of a coal mine. “Germany is really embarrassing itself right now,” said Thunberg, who said the …
Thunberg: Germany ’embarrassing itself’ by clearing coal mine activists Read More »
By Erwin Seba (Reuters) – Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $2 billion expansion first considered nine years ago. Initial startup of a 250,000 barrels per day (bpd) crude distillation unit (CDU) at the 369,000 …
Exclusive-Exxon prepares to start up $2 billion Texas oil refinery expansion Read More »
(Amplía información, añade más suscriptores) LIMA, 13 ene (Reuters) -La economía de Perú, el segundo mayor productor mundial de cobre, habría crecido “algo menos” del 2,9% previsto anteriormente, dijo el viernes el Banco Central, en medio de constantes bloqueos de carreteras por protestas antigubernamentales que comenzaron a inicios de diciembre. En las manifestaciones se exige …
By Lewis Krauskopf NEW YORK (Reuters) – Some U.S. investors are looking abroad to capture better stock returns in the coming months, betting European and other international stocks hold more enticing valuations after a long period of U.S. dominance. U.S. stocks have rebounded to start the year after a rough 2022, but still have lagged …
(Reuters) – Carvana Co is terminating more workers and take other measures such as reduced work hours as the used-car retailer contends with weak sales, the Wall Street Journal reported on Friday. The company was letting open positions go unfilled and several operations teams were working fewer than 30 hours a week or four-day work …
Carvana terminates more workers amid weak used car sales -WSJ Read More »
By Sharon Bernstein SACRAMENTO, Calif. (Reuters) – Rain-soaked Californians took advantage of a break in a weeks-long deluge to haul away dead trees, restore downed power lines and prepare new stacks of sandbags before another series of storms hits the state beginning Friday. In Monterey County along the state’s central coast, communities near the still-rising …
California picks up debris from latest storm, braces for the next Read More »
