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17 May

Oil prices inch lower as EU's Russian oil ban stalls

Oil prices inched lower on Tuesday as Hungary resisted a European Union push for a ban on Russian oil imports, a move that would tighten global supply, with investors taking profits on a recent rally.

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17 May

Asia markets rise on hopes of easing China tech crackdown

HONG KONG (Reuters) -Asian shares advanced on Tuesday, led by a jump in technology majors, as hopes grow for an easing of China's unprecedented regulatory crackdown on its once-freewheeling tech sector.

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17 May

Exclusive: Equinor, Exxon agree to expand Brazil oil operations

Equinor SA and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters.

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17 May

Brazil mills cancel sugar export contracts, shift output to ethanol

Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people with direct knowledge of the deals, raising concerns of a sugar shortage.

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17 May

BOJ deputy vows to maintain monetary stimulus despite price pressures

The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, its deputy governor said on Tuesday, dismissing speculation about an early exit from accommodative settings.

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17 May

Nomura aims to nearly double core pretax income in 3 years

Nomura Holdings Inc said it is targeting an up to 90% jump in core pretax income in three years as Japan's biggest brokerage and investment bank plans to beef up advisory services in pursuit of revenue less vulnerable to market swings.

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17 May

Tesla stops taking orders for Cybertruck outside North America -website

SHANGHAI (Reuters) -U.S. electric vehicle manufacturer Tesla Inc has stopped taking orders for its upcoming Cybertruck pickup truck outside of North America, according to its official website.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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