Airbus Defence And Space Signed MoU With Ukraine's Brave1
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By Scott DiSavinoU.S. natural gas futures slid about 2% on Wednesday on a rise in output over the past month and ample amounts of gas in storage, despite forecasts for record power demand in some parts of the country as homes and businesses crank up air conditioners to escape a brutal heat wave.Fro…
By Andrew MillsGulf Currents is back in Doha this week, where the Qatari capital once again finds itself at the centre of global diplomacy as U.S. and Iranian negotiators gathered on Wednesday in a fresh push to end the war. Iran and the United States are negotiating over the Strait of Hormuz, as b…
By Georgina McCartney and Arathy SomasekharU.S. crude stocks fell to their lowest last week since 2018 as domestic refinery demand rose, while gasoline inventories also fell ahead of the July 4 holiday weekend, the Energy Information Administration said on Wednesday.Commercial crude inventories fel…
MILLENNIUM GAINED 4.1 PER CENT LAST MONTH, TAKING ITS GAINS IN THE SIX MONTHS TO JUNE TO 10.5 PER CENT- FTPOINT72 MADE 3.4 PER CENT LAST MONTH TO JUNE 25, TAKING GAINS THIS YEAR TO
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Remittances to Mexico rose 3.8% year-on-year in May to reach $5.61 billion, the central bank said on Wednesday.May marked the fourth straight month of year-on-year increases in the remittances the country receives, totaling $25.29 billion in the first five months of the year.
Brazil's government is set to revise up its inflation forecast for this year in projections due later this month, from the 4.5% estimate published in May, the Finance Ministry's economic policy secretary said on Wednesday.Speaking in an interview with local outlet Jota, Debora Freire said the gover…
General Motors NYSE:GM on Wednesday reported a 4.2% drop in U.S. auto sales during the second quarter, as inflationary pressures kept some new vehicle buyers at bay.The automaker notched quarterly sales of 714,896 units compared with 746,588 units a year earlier.
India is unlikely to raise its official inflation target and there may be a case for lowering it over the long term, Reserve Bank of India Governor Sanjay Malhotra said at an event in Russia on Wednesday.The country's inflation-targeting framework has helped lower average inflation, the central ban…
China's state iron ore buyer has asked some domestic steel mills not to take delivery of certain portside iron ore products from Fortescue ASX:FMG, industry sources said, the latest Australian miner to fall foul of Beijing’s push to increase control over the market.China Mineral Resources Group (CM…
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By Tim McLaughlinPJM, the largest U.S. electric grid operator, on Wednesday detailed price spikes and warnings of massive transmission line congestion as it braced for record-breaking demand driven by a heatwave ahead of July 4 celebrations.Spot wholesale electricity prices early Wednesday surged t…
By Marianna Parraga and Mircely GuanipaVenezuela's oil exports fell slightly to 1.2 million barrels per day last month from 1.24 million bpd in May as two deadly earthquakes caused minor delays at terminals operated by state-run energy company PDVSA, according to data based on tanker monitoring and…
By Pratima DesaiThe London Metal Exchange is considering easing rules, including allowing the storage of aluminium outside, to boost Hong Kong as a metals location, four industry sources said, reflecting China’s drive for greater influence over global metals markets.Hong Kong became an active LME w…
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