EMRG

Iran protests spread, death toll rises as internet curbed

Unrest has swept Iran since young woman died in custody At least eight people have been killed Access curbed to Instagram, WhatsApp, internet partly cut Social media video shows protests spreading across Iran DUBAI, Sept 21 (Reuters) – Iranian authorities and a Kurdish rights group reported rising death tolls on Wednesday as anger at the …

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Yellen says Russia offering ‘enormous discounts’ on oil to China, India

US Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the US Treasury Department in Washington, US July 28, 2022. REUTERS/Jonathan Ernst/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – A planned Western price cap on Russian oil is already making a difference, US …

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Morning Bid: BoJ intervention and rate hikes, say no more

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in US and global markets from Dhara Ranasinghe. What a 24 hours it’s been in financial markets. Let’s start with Japan — just hours after confirming an ultra-loose monetary policy stance, authorities intervened to buy yen for the first time …

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US Treasury says some satellite internet equipment can be exported to Iran

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 20 (Reuters) – The US Treasury Department said on Tuesday some satellite internet equipment can be exported to Iran, suggesting that SpaceX CEO Elon Musk may not need a license to provide the firm’s Starlink satellite broadband service in the country. Musk said on …

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Novartis to take US drug patent case to Supreme Court

A sign marks the Novartis Institutes for BioMedical Research facility in Cambridge, Massachusetts, US, June 16, 2021. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 21 (Reuters) – Novartis AG (NOVN.S) plans to ask the US Supreme court to uphold the validity of a patent it holds on the …

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Ecuador reaches deal with China to restructure debt

Ecuador’s President Guillermo Lasso speaks during the Leaders’ Second Plenary Session during the Ninth Summit of the Americas in Los Angeles, California, US, June 10, 2022. REUTERS/Lauren Justice/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 19 (Reuters) – Ecuador has reached an agreement to restructure its debt with Chinese banks, …

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Morning Bid: Hunkering down for a new phase in the inflation fight

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, September 13, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in US and global markets from Dhara Ranasinghe. An action-packed week for central banks around the …

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Oil dips on recession fears; supply concerns limit declines

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. REUTERS/Drone Base Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 19 (Reuters) – Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth …

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China to accelerate projects, boost consumption to spur recovery

A worker welds at the top of skyscraper Xiamen International Center under construction in Xiamen, Fujian province, China December 23, 2017. Picture taken December 23, 2017. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register BEIJING, Sept 19 (Reuters) – China will speed up fund injections to expedite project construction and boost domestic consumption, …

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Frugal is the new cool for young Chinese as economy falters

BEIJING, Sept 19 (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: new car, bigger apartment, fine dining on weekends and holidays on tropical islands. Instead, the 39-year old Shanghai marketing consultant is one of many Chinese in their 20s and 30s cutting spending and saving cash where …

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