Parched UAE turns to science to squeeze more rainfall from clouds
By Abir Ahmar ABU DHABI (Reuters) – As a twin-turboprop aircraft takes off under the burning desert sun with dozens of salt cani..
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Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm
OSLO (Reuters) – U.S. engineering firm Schlumberger and Norway’s Aker Solutions plan to merge their subsea oil and gas con..
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PIMCO cut big position in Russia CDS by adding bonds in Q2
By Davide Barbuscia NEW YORK (Reuters) – PIMCO’s largest investment fund bought Russia government international bonds and ..
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Toyota’s July global vehicle output drops again, puts annual target in doubt
(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..
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Rate fever propels dollar, wallops stocks and bonds
By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks slumped on Monday as the growing risk of more aggr..
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EEX markets to remain open as power prices soar – statement
FRANKFURT (Reuters) – The European Energy Exchange said on Monday the bourse would remain open in its transparent price-setting ..
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Dollar touches 20-year high, but kept in check by euro, as rates in focus
By John McCrank and Dhara Ranasinghe NEW YORK (Reuters) -The dollar touched a fresh 20-year high on Monday, fuelled by hawkish comment..
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French PM tells firms to draft energy savings plans to avoid rationing
By Leigh Thomas PARIS (Reuters) -French Prime Minister Elisabeth Borne urged companies on Monday to draft energy savings plans by next..
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Czechs seek EU price cap on gas-for-power as energy bills soar
By Jan Lopatka and Jason Hovet PRAGUE (Reuters) -The Czech Republic will convene an emergency meeting of European Union energy ministe..
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Russia says economy to contract by less than 3% in 2022
MOSCOW (Reuters) -Russia’s economy will shrink by less than 3% in 2022, a much shallower contraction than initially expected, wh..
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