Source news

reuters News

20 stories
reuters

Barclays puts rich price on Canary Wharf’s future

By Yawen ChenThe UK lender’s £750 mln purchase of its East London headquarters values the building above comparable offices. It's a good deal for the hub's owners Brookfield and Qatar. It also suggests that occupiers' need for quality space will continue to trump fears over AI job losses.Full view…

Reuters en
StocksGB
NEWS reuters

Indonesia rice prices rise for six months in a row despite record stocks

Indonesia's rice prices have steadily increased in the past six months despite the state logistics agency Bulog holding record amounts of stock, compiled data from the statistics bureau showed.Bulog said the agency held 5.4 million metric tons by late June this year, compared to 3.25 million tons a…

Reuters en
Economy

BYD's sales rise for second month, buoyed by exports

Chinese electric vehicle maker BYD SZSE:002594 posted a second consecutive month of global sales growth in June, as a surge in exports helped offset weak demand in its home market.Total sales rose 5.5% from a year earlier to 403,472 vehicles last month, according to Reuters calculations based on a…

Reuters en
StocksCN
NEWS reuters

Indonesia's 50% biodiesel blending rate takes effect

Indonesia's new 50% biodiesel blending mandate took effect on Wednesday, requiring a fuel blend of half palm-based diesel and conventional diesel known as B50, even as stakeholders await a revised biodiesel allocation from the government.In an effort to achieve energy independence, Indonesia increa…

Reuters en
Economy

Norway offshore workers, employers enter mediation to avert strike

Norwegian unions representing offshore drilling rig and floating platform workers entered state-mediated wage talks on Wednesday, aiming to avert a strike from Friday that could affect parts of the country's oil and gas sector.The three unions, Styrke, Safe and DSO, have said more than 600 members…

Reuters en
EconomyFuturesStocksNO
NEWS reuters

Europe's solar boom is masking a growing strain on power markets: Maguire

By Gavin MaguireEurope's solar sector is scaling new heights - yet the region's power markets are showing signs of growing stress.Solar generation across the European Union is on track to hit fresh records this year, as capacity additions continue at a breakneck pace and favorable weather boosts ou…

Reuters en
Economy
NEWS reuters

TABLE-Mortgage Bankers' Assn. Weekly Applications Survey

July 1 (Reuters) - U.S. Mortgage Bankers Association issues latest Weekly Applications Survey. Indexes are seasonally adjusted. Percent changes for indexes and basis point change in mortgage rate are from the prior week.CURRENT WEEK INDEX PERCENT…

Reuters en
Economyindex