Heightened Egyptian demand in tight market buoys European fuel oil prices
By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used for power generation has coin..
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ECB cuts rates once more as euro zone economy sags
By Francesco Canepa and Balazs Koranyi (Reuters) -The European Central Bank cut interest rates on Thursday for the third time this yea..
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Wall St follows European shares higher after solid retail sales data
By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Thursday as investors parsed an ..
Finance
Dollar jumps as retail sales confirm strong US economy
By Karen Brettell NEW YORK (Reuters) – The dollar jumped to an 11-week high on Thursday after data showed that U.S. retail sales..
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Germany moves to strengthen domestic wind power industry
By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a..
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Amazon reveals its first color Kindle e-reader after years of development
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon on Wednesday announced its first color Kindle e-reader following years..
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BHP iron ore output beats, copper production edges up on better grades at Escondida
By Rishav Chatterjee (Reuters) -Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of..
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Smaller UK firms need help to end ‘doom loop’, think tank says
LONDON (Reuters) – Britain’s smaller listed companies can reverse a “doom loop”, driven by plummeting v..
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Airbus to cut up to 2,500 jobs in defence and space
By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division af..
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Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper thir..
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