Oil prices climb $2 on strong demand, tight supply (June 21) Oil prices rose almost $2 on Tuesday on high summer fuel demand while supplies remain tight because of sanctions […]
Category: Uncategorized
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‘Perfect storm’ for airlines facing strong U.S. dollar and high oil prices
‘Perfect storm’ for airlines facing strong U.S. dollar and high oil prices Global airlines are grappling with a double whammy from the rare combination of a strong U.S. dollar and […]
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Chinese manufacturing orders decline by 20-30%, according to shippers, as consumers pull back on buying goods
Chinese manufacturing orders decline by 20-30%, according to shippers, as consumers pull back on buying goods Chinese manufacturing orders are down by as much as 30% for some logistics companies […]
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‘The situation is serious’: Germany plans to fire up coal plants as Russia throttles gas supplies
‘The situation is serious’: Germany plans to fire up coal plants as Russia throttles gas supplies Economy Minister Robert Habeck on Sunday warned that the situation is going to be […]
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Blown off course again, Fed policymakers see near-record uncertainty
Blown off course again, Fed policymakers see near-record uncertainty Federal Reserve policymakers are less confident than at any time since the height of the pandemic about what will happen with […]
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Oil wobbles as global economic worries offset tightening supply
Oil wobbles as global economic worries offset tightening supply Brent crude futures slipped 8 cents, or 0.1%, to $113.04 a barrel by 0242 GMT, after rising as much as 1% […]
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South Korea drops 2%; China keeps benchmark lending rate unchanged
South Korea drops 2%; China keeps benchmark lending rate unchanged Shares in Asia-Pacific were mixed on Monday.China’s one-year and five-year loan prime rates were both left unchanged on Monday.Netease shares […]
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Workers at Canadian National Railway go on strike after failing to reach contract, union negotiator says
Workers at Canadian National Railway go on strike after failing to reach contract, union negotiator says Workers in signals and communications have gone on strike at Canadian National Railway Co. CNR-T +0.61%increase in […]
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Canadian dollar hits 19-month low as oil tumbles
Canadian dollar hits 19-month low as oil tumbles The Canadian dollar CADUSD -0.61%decrease weakened to its lowest in 19 months against its U.S. counterpart on Friday as oil prices tumbled and the greenback […]