India's Nov Services Activity Growth Hit 3-month High, High Inflation A Concern
The S&P Global India services purchasing managers' index rose to 56.4 in November from 55.1 in October, beating the 55.4 estimate in a Reuters poll.
Improbable Bets On Break Of Hong Kong Dollar Peg Adding Up
Billionaire money manager Bill Ackman went public last month with his wager that the days of the Hong Kong dollar's 39-year-old peg to the U.S. dollar are numbered.
China's BYD To Start Selling EVs In Japan By Early 2023
In comparison, Nissan Motor Co's electric Leaf standard model has a cruising range of 322 kilometres and costs about 3.7 million yen.
Ukrainians In Kherson Wait For Loved Ones To Cross Frontline River
Under the three-day amnesty which began on Saturday, Ukrainians living in villages across the river can traverse the Dnipro during daylight hours and to a designated point.
Ukraine Presidential Aide Warns Against Musk's 'Magical Simple Solutions'
Ukraine has had a complicated relationship with Musk, the world's richest man, since the start of the Russian invasion on Feb. 24.
Zelenskiy Urges Residents To Be Strong As Ukraine Races To Restore Power
Russia has been pounding Ukraine's power infrastructure since early October, causing blackouts and leaving millions without heating as temperatures plummet.
G7 Price Cap On Russian Oil Kicks In, Russia Will Only Sell At Market Price
It allows Russian oil to be shipped to third-party countries using G7 and EU tankers, insurance companies and credit institutions, only if the cargo is bought at or below the price cap.
Oil Prices Climbs After OPEC+ Keeps Output Cut Targets, China Eases COVID Curbs
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+, agreed on Sunday to stick to their October plan to cut output by 2 million barrels per day (bpd) from November through 2023.
Saudi Aramco's Luberef Expects To Raise Up To $1.32 Billion From IPO
Gulf issuers have raised about $16 billion through such listings this year, accounting for about half of total IPO proceeds from Europe, the Middle East and Africa, Refinitiv data shows.
Analysis-Saudi Prince Seeks Mideast Leadership, Independence With Xi's Visit
Prince Mohammed will also gather rulers from across the Middle East and North Africa for a Chinese-Arab summit during the visit by President Xi Jinping expected to start on Tuesday.
India Economy Likely To Grow 6.5%-7% Next Fiscal Year -govt Adviser
The Indian economy is likely to grow 6.5% to 7% next fiscal year if the global environment does not worsen, a member of the prime minister's economic advisory council said on Thursday, giving a higher estimate than some economists.
Exclusive-HSBC Shedding At Least 200 Senior Operations Managers In Global Cuts -sources
HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said.
U.S. Sanctions Hezbollah's Accountants, Weapons Facilitator
The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating weapons procurement for Hezbollah, the U.S.
U.S. LNG Exports Remain Flat As Domestic Market Braces For Cold Season
U.S. liquefied natural gas exports were flat last month, Refinitiv shipping data showed on Thursday, as production remained limited and the arrival of winter weather in the Northern Hemisphere led utilities to build inventories for domestic use.
Critical To 'Front-load' Aid To Ukraine As Costs Rise - IMF's Georgieva
Damage from Russian attacks on Ukraine's infrastructure are increasing the amount of aid the country needs "front-loaded" ahead of the harsh winter months, the head of the International Monetary Fund said on Thursday.
U.S. Oil Refiner Valero, Rivals Pursue Chevron For Venezuelan Crude
U.S. oil refiners that once were regular buyers of Venezuelan crude are jockeying to win access to coming cargoes chartered by Chevron Corp under a newly issued U.S.
Oil Prices Could Fall Without Further OPEC+ Cut, Analysts Say
OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd) when it meets on Sunday, but some analysts believe that crude prices could fall if the group does not make further cuts.
Oil Prices Dip As Dollar Strengthens, Remain On Track For Weekly Rise
Oil prices edged lower in early Asian trade on Friday as the U.S. dollar pared some losses, while easing COVID-19 curbs in two Chinese cities limited losses.
SpaceX Gets U.S. Approval To Deploy Up To 7,500 Satellites
The U.S. Federal Communications Commission (FCC) said on Thursday it approved SpaceX's bid to deploy up to 7,500 satellites, but put on hold some other decisions.
Islamic State Leader Killed In Free Syrian Army Operation In Mid-October- U.S
Islamic State (IS) militant leader Abu al-Hassan al-Hashemi al-Quraishi was killed in an operation carried out by the rebel Free Syrian Army in mid-October in Syria's Daraa province, the U.S.
U.S. Urges Caution On Low-quoted Russian Oil Prices As EU Debates Price Cap
The Biden administration broke its silence on Wednesday on European Union deliberations over a $65-70 per barrel Russian oil price cap on Wednesday, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.
Saudi Arabia To Host China-Arab Summit During Xi Visit, Sources Say
Invitations have gone out to leaders in the Middle East and North Africa for the Chinese-Arab gathering, the diplomats said.
Key U.S. Senator Backs Boeing Push To Lift 737 MAX Extension Deadline - Document
A key U.S. lawmaker is proposing an extension of a certification deadline for two new versions of Boeing's 737 MAX and requiring retrofitting existing planes, according to a document reviewed by Reuters.
Ukrainian Soldiers Face A New Adversary: Muddy Trenches
Squelching through thick mud on Tuesday, Petro, a Ukrainian soldier dug in not far from Russian positions in the Donbas, recounted matter-of-factly how his unit had to use buckets to clear out water-logged trenches.
Abu Dhabi's ADNOC Working With Goldman Sachs On Gas Business, Sources Say
Abu Dhabi National Oil company (ADNOC) has engaged Goldman Sachs to work on consolidation of its gas operations for a planned stock market flotation next year, two sources close to the transaction told Reuters.
U.S. Senators Introduce Bill To Expand E15 Gasoline Sales, With Support From Oil Group
U.S. senators from Nebraska and Minnesota introduced legislation on Tuesday that would expand nationwide sales of E15, a gasoline with a higher blend of ethanol, after gaining support for the bill from an oil industry trade group for the first time, Senator Deb Fischer from Nebraska told Reuters.
U.S. State Department Approves Potential Anti-drone System Sale To Qatar For $1 Billion
The U.S. State Department has approved the potential sale of an anti-drone system to Qatar in a deal valued at $1 billion, the Pentagon said on Tuesday.
Three Palestinians Reported Killed Amid Series Of Deadly West Bank Clashes
Two brothers were killed near the hub city of Ramallah and a third man was shot in the head in the town of Beit Ummar near the city of Hebron in clashes with Israeli forces, the Palestinian health ministry said.
U.S.-backed Force In Syria Wants 'Stronger' U.S. Warning For Turkey
Turkish officials said the army needed just a few days to be ready for a ground incursion into northern Syria, which has been attacked with howitzer long-range weapons and warplanes by the Turks for days.
Middle Of Nowhere: Desert Complex Makes World Cup Affordable For Some
For tens of thousands of World Cup fans, the home base in Qatar is a concrete complex on the edge of the desert.