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Oil rises on prospect of OPEC+ supply cut

Oil rises on prospect of OPEC+ supply cut

By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Monday, extending last week’s gain, as potential OPEC+ output cuts and..

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report

By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economie..

ECB should raise rates at steady pace, chief economist says

ECB should raise rates at steady pace, chief economist says

FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking ..

EU may agree tightening visas for Russians, discuss training of Ukraine troops

EU may agree tightening visas for Russians, discuss training of Ukraine troops

By Jan Lopatka and Sabine Siebold PRAGUE (Reuters) -European Union foreign ministers, meeting in Prague on Tuesday and Wednesday, may ..

Russian rouble firms towards 60 vs dollar, stocks up

Russian rouble firms towards 60 vs dollar, stocks up

MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost d..

Ericsson, Nokia to wind down Russian operations by year end

Ericsson, Nokia to wind down Russian operations by year end

By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business ac..

Moscow Exchange hopes for first ‘replacement bond’ issues in September

Moscow Exchange hopes for first ‘replacement bond’ issues in September

By Alexander Marrow MOSCOW (Reuters) -Moscow Exchange, Russia’s largest bourse, said the first issues of so-called “replac..

Pain of breaking inflation will reverberate around the globe

Pain of breaking inflation will reverberate around the globe

By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message from the world’s top finance chiefs is loud and..

Hungary seeks increased gas supplies from Gazprom -foreign minister

Hungary seeks increased gas supplies from Gazprom -foreign minister

BUDAPEST (Reuters) – Hungary will continue talks with Russia on additional gas supplies and expects to reach a deal with Gazprom..

Oil trio’s Northern Lights in Yara CO2 emissions storage deal

Oil trio’s Northern Lights in Yara CO2 emissions storage deal

By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dioxide (CO2) storage company Northern Lights and its..