Headlines

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a British Retail C..

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

(Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the previous session, as traders focused on supply cu..

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform

BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, mar..

Uniper chief says flexible duration LNG contracts key for Europe

Uniper chief says flexible duration LNG contracts key for Europe

VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversifying supply give..

Turkey backs Sweden’s NATO entry

Turkey backs Sweden’s NATO entry

(Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’s bid to join NATO, a move that will e..

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish ..

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure

TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under..

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European Union recovery funds would harm policy credibilit..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock m..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late on Monday it plans to develop battery packs for e..