By Scott DiSavinoU.S. spot natural gas prices at the Henry Hub benchmark in Louisiana (NG-W-HH-SNL) averaged a four-year high for the month of June, pricing data from financial firm LSEG showed.Gas prices averaged $3.15 per million British thermal units (mmBtu) in June, their highest for the month…
Russia’s gross domestic product grew by 0.3% year-on-year in May after 1.3% growth in the previous month, the economy ministry's preliminary data showed on Wednesday.In the first five months of the year, the Russian economy grew by 0.2%.In May the economy ministry sharply downgraded its macroeconom…
Uber-backed Lime's shares jumped 8% in its Nasdaq debut on Wednesday after the company raised $167 million in its U.S. IPO, valuing the electric scooter and bike operator at about $1.73 billion.Its shares opened at $27, compared with the initial offering price of $25.
Russia's consumer inflation stood at 0.22% in the week to June 29, following a 0.25% increase a week earlier, the statistics service said on Wednesday.Inflation, driven by a rise in fuel prices after Ukrainian attacks on refineries, has reached 0.85% since the beginning of June compared with 0.20…
West African crude differentials were steady on the day on Wednesday but broadly remained under pressure from weak demand in Asia and plentiful competing supplies from other regions.
Euro zone bond yields rose slightly on Wednesday after Iran said it would not meet U.S. delegates for talks in Qatar, casting doubt on the peace process, and as moves in U.S. Treasuries spilled over into Europe.Yet shorter-dated euro zone yields dipped after data showed inflation slowed more than e…
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By Saeed AzharGoldman Sachs NYSE:GS on Wednesday named Michael Bosworth as acting general counsel and a member of its core executive leadership team, while Kathryn Ruemmler, who resigned after emails showed her links with late sex offender Jeffrey Epstein, stays on as an adviser.Ruemmler stepped do…
By Michael S. Derby, Balazs Koranyi and Francesco CanepaFederal Reserve Chairman Kevin Warsh said on Wednesday that some of the key staffing of a slate of “task forces” looking at central bank operations will be made public very soon and that non-Americans will be among these ranks.“I can tell you…
Floods in Ivory Coast have killed 59 people, government spokesman Amadou Coulibaly said after a cabinet meeting on Wednesday.The search is continuing and authorities fear the death toll could rise, Coulibaly said.Neighbouring Ghana has also been hit by heavy rains, with at least 12 people k…
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By Utkarsh Hathi and Ragini MathurLatin American stocks and currencies opened the new quarter lower on Wednesday, pressured by a firmer dollar and cautious risk sentiment as uncertainty over the Middle East persisted.MSCI's regional currency index (.MILA00000CUS) edged 0.2% lower, pulling back a…
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The German government on Wednesday approved a draft law that would allow the mandatory call-up of military reservists for training as part of plans to boost troops and increase its ability to defend itself amid a more aggressive Russia.Germany aims to double its reserve pool by the middle of the ne…
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INDIA GOVERNMENT ASKS META TO FURNISH A DETAILED EXPLANATION ON THE WHATSAPP “USERNAMES” FEATURE WITHIN 3 DAYS - IT MINISTRY LETTERINDIA GOVERNMENT ASKS META NOT TO ROLL OUT THE WH
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