Investors increase bets on UK recession as rate hikes bite
LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England delivered an outsized rate hike on Th..
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Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million ba..
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Lithium producers warn global supplies may not meet electric vehicle demand
LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may..
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Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance
(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engine..
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Microsoft says new computing service for chemicals can slash R&D time
Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the research and developme..
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Aegon bets on Transamerica to boost cash flow and dividend in 2025
(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in ..
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Britain says insurer capital rule changes to start by end of 2023
LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to ‘Solvency II&..
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Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
DETROIT (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components..
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Swiss National Bank calls for new measures after Credit Suisse crash
ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suisse crisis that led..
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Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software company Adenza will hel..
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