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12 Mar

Saudi Aramco reports record profit of $161.1 billion in 2022

Saudi Arabian oil giant Aramco on Sunday reported a record net profit in 2022, boosted by higher energy prices, increased volumes sold and improved margins for refined products.

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12 Mar

Regulators urged to find Silicon Valley Bank buyer as industry frets about fallout

Some financial industry executives and investors were growing increasingly concerned on Saturday that the collapse of Silicon Valley Bank could have a domino effect on other U.S. regional banks if regulators did not find a buyer over the weekend to protect uninsured deposits.

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10 Mar

Panama minister trusts contract with First Quantum will get green light

Panama's trade minister said Friday he trusts the remaining Panamanian authorities will approve the text of a deal reached with Canada's First Quantum Minerals to regulate their operations in a major copper mine.

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12 Mar

China chooses continuity, retaining central bank chief, finance minister

BEIJING (Reuters) -China kept its central bank governor and finance minister in their posts on Sunday, an unexpected move at the annual session of the rubber-stamp parliament prioritising continuity as economic challenges loom at home and abroad.

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09 Mar

Bank of Canada says more evidence needed to know if rates are high enough

The Bank of Canada needs more evidence to gauge if interest rates are high enough to tame inflation, in part because the economies of major trading partners are doing better than forecast, Senior Deputy Governor Carolyn Rogers said on Thursday.

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10 Mar

Panama minister expects contract with First Quantum will get green light

(Reuters) -Panama's trade minister expects the remaining authorities in the Central American nation will approve the text of an agreement reached with Canada's First Quantum Minerals to regulate its operations at a major copper mine.

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09 Mar

Bank of Canada says it needs more evidence that rates are high enough

The Bank of Canada needs more evidence to gauge if interest rates are high enough to tame inflation, in part because the economies of major trading partners are doing better than forecast, senior deputy governor Carolyn Rogers said on Thursday.

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