Big-power Rivalry Overshadows Biden-Xi Cooperation Pledge
Their photo op looked good for U.S. and Chinese leaders Joe Biden and Xi Jinping, but the superpowers remain driven by geopolitical rivalry despite their pledge to cooperate on global issues like climate change and public health.
Flotilla Of Distillate Fuel Heads To New York As Winter Nears
A flotilla of ships is carrying distillate fuel to New York Harbor to shore up stocks ahead of the winter, according to traders and shipping data.
Cryptoverse: So Long, Solana? Ether Rival Clobbered By FTX Crash
The cryptocurrency, which had been lauded by FTX's founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.
No Push For Iran Nuclear Talks, U.S. Envoy Says, Due To Protests, Drone Sales
Iran's crackdown on protesters and the sale of drones to Russia have turned the United States' focus away from reviving a nuclear deal, which Tehran has so far rejected, Washington's special envoy for Iran said on Monday.
Oil Prices Slip On OPEC Cut In Demand Forecast, China COVID Cases
Oil prices extended losses in early Asian trade on Tuesday after OPEC cut its 2022 global demand forecast, while rising COVID-19 case numbers in China clouded the outlook for fuel consumption in the world's top crude importing nation.
Dollar Rebounds As Fed Officials Say Hikes To Continue; Yen Slumps
The U.S. dollar climbed versus the yen and stayed firm against other major peers on Tuesday as more Federal Reserve officials made the case for even tighter U.S. monetary policy.
'Happy' Ukrainian President Visits Kherson, Says 'We Are Moving Forward'
Ukrainian President Volodymyr Zelensky visited the southern city of Kherson on Monday to celebrate its recapture from Russian forces.
As Regulators Scrutinise FTX, Investor Focus Swings To Crypto.com
The effects of the collapse of Bahamas-based FTX, which filed for bankruptcy on Friday after a rush of customer withdrawals continued to affect markets.
Middle East's Fertile Crescent Dries Up As Rains Fail
The water crisis could fuel more turmoil in the Middle East as communities fight over dwindling water resources.
Ahead Of A Tense G20 Summit, Biden And Xi To Meet For Talks
Chinese leader Xi Jinping will arrive on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S.
Oil Prices Extend Gains On China Demand Hopes
Oil prices rose nearly 1% on Monday, extending gains from the previous session as China eased some of its strict COVID-19 protocols, fuelling hopes of a recovery in economic activity and demand at the world's top crude importer.
Israel Strikes Air Base In Central Syria, Killing Two Servicemen -Syrian Military
Israeli missiles hit a major air base in Syria's Homs province on Sunday, killing two servicemen and injuring three others, the Syrian military said via state news agency SANA.
IMF Says Global Economic Outlook Getting 'Gloomier', Risks Abound
The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months.
U.S. Drillers Add Oil And Gas Rigs For Second Week In A Row - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a second week in a row as relatively high oil prices encourage firms to drill more.
U.N., Russian Officials Met To Discuss Black Sea Grains Deal
Senior United Nations officials met with a Russian delegation in Geneva on Friday to discuss Moscow's grievances about the Black Sea grains export initiative and address the need for unimpeded food and fertilizer exports, a U.N.
Exclusive-India Can Buy As Much Russian Oil As It Wants, Outside Price Cap, Yellen Says
The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap.
Exclusive-At Least $1 Billion Of Client Funds Missing At Failed Crypto Firm FTX - Sources
The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, the people told Reuters.
Credit Suisse Trims 8 Jobs In Southeast Asia, Part Of Regional Cuts-sources
Credit Suisse has cut eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said.
Regulators In Focus As Airbus And Qatar Airways Return To Court
The Gulf carrier is suing Airbus over damage to the painted surface and underlying anti-lightning system of the A350.
Trading In Crypto Derivatives Surges As Investors Hedge Positions After FTX Shock
Trading volumes in bitcoin futures and exchange traded funds (ETFs) has exploded as investors scrambled to hedge their positions after this week's slump in digital tokens triggered by turmoil at crypto exchange FTX.
African Nations Tell COP27 Fossil Fuels Will Tackle Poverty
African nations must be allowed to develop fossil fuel resources to help lift their people out of poverty, governments said at the COP27 climate talks in Egypt, which welcomed leaders of oil and gas companies sidelined at previous talks.
Analysis-Russia's Planned Kherson Retreat A Double-edged Sword For Kyiv
When Ukrainian President Volodymyr Zelenskiy addressed his nation after Russia said it planned to withdraw its forces from the west bank of the River Dnipro in southern Ukraine he betrayed few signs of relief.
Yellen To India: Ending Russia's War In Ukraine Is A 'Moral Imperative'
U.S. Treasury Secretary Janet Yellen will tell India on Friday that ending Russia's war in Ukraine is a "moral imperative," but that economic challenges from the conflict and supply strains were drawing India and the United States closer together.
Egyptian Authorities Intervene In Prisoner's Hunger Strike, Family Says
The family of jailed Egyptian-British hunger striker Alaa Abd el-Fattah said on Thursday they had been informed by prison authorities that medical intervention was taken to maintain his health, four days after he escalated his protest.
Asia Stocks Surge As Cooling Inflation Feeds Hopes Fed Will Ease Up
Asian shares spiked higher on Friday, while the dollar nursed steep losses after a smaller-than-expected increase in U.S.
Saudi Arabia Working With Lazard On Funding Options And IPO Of Mecca Mega Project
Saudi Arabia's Public Investment Fund (PIF) is working with Lazard on funding options and a potential initial public offering of Masar, a $27 billion mega project in the holy city of Mecca, two sources with direct knowledge told Reuters.
U.S.-sanctioned Oil Tanker Stuck In Indonesia Carries Venezuelan Fuel
A grounded oil supertanker under U.S. Treasury Department sanctions being refloated in Indonesia is filled with Venezuelan fuel, according to vessel monitoring services.
Oil Falls For A Fourth Day As China COVID Concerns Grow
Oil prices fell for a fourth day on Thursday on concerns that new COVID curbs in China, the world's biggest crude importer, will impact fuel demand.
Cryptos Attempt To Steady As Binance-FTX Deal Chills Market
Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.
Twitter To Introduce 'Official' Label For Some Verified Accounts
The lack of ID verification is likely to raise concerns about the possibility of people impersonating public figures.