Russia could buy yuan, rupees and Turkish lira for rainy day fund, central bank says

National flag flies over the headquarters of the Russian Central Bank in Moscow, Russia, May 27, 2022. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine MOSCOW, Aug. 12 (Reuters) – Russia is considering buying the … Read more

Five Chinese state-owned companies are delisting from NYSE

SHANGHAI/HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist the New York stock exchange amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and Sinopec … Read more

Sierra Leone imposes nationwide curfew amid deadly anti-government protests

FREETOWN, Aug. 10 (Reuters) – At least two police officers and a civilian have been killed after a day of anti-government protests in Sierra Leone’s capital Freetown, officials at the city’s main morgue said Wednesday. Sierra Leone’s government previously said there had been deaths, but did not say how many, as protesters threw rocks and … Read more

The gaming industry’s fortunes are fading as spending pressures follow a pandemic

Aug 10 (Reuters) – Gaming companies are facing a slowdown in video game demand from pandemic highs, casting doubt on their ability to weather an economic downturn. Rising prices and a lack of hit titles have compounded problems for video game publishers Activision Blizzard Inc (ATVI.O) and Electronic Arts (EA.O) who are also dealing with … Read more

Oil dips lower as halted Russian pipeline flows appear temporary, demand fears mount

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US Nov. 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register Russia’s oil exports halted via southern leg of Druzhba . pipeline EU proposes ‘final’ text to revive Iran nuclear deal … Read more

Ukraine halted oil flows to Europe over payment difficulties, Russia’s Transneft . says

The receiving station of the Druzhba oil pipeline between Hungary and Russia is seen at the Danube Refinery of the Hungarian MOL Group in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File Photo Register now for FREE unlimited access to Reuters.com Register Ukraine Pipeline Operator Was Paid, But Money Back – Transneft Shipments stopped since 4 … Read more

Exclusive: Bank of England likely to have to raise rates again, says Ramsden

Bank of England Vice Governor Dave Ramsden sits for a portrait during a Reuters interview, at the Bank of England, London, UK, Aug. 8, 2022. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register LONDON, Aug. 9 (Reuters) – The Bank of England will likely need to raise interest rates further from the … Read more

EXCLUSIVE Russia begins stripping jets for parts as sanctions bite

This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine MOSCOW, Aug. 8 (Reuters) – Russian airlines, including state-controlled Aeroflot (AFLT.MM), are stripping jets to secure spare parts they can no longer buy abroad due to Western sanctions, four industry sources told to Reuters. The steps are in … Read more

World stocks recover after US job sell-off

Euro STOXX gains 0.8% Wall Street is going to win Markets narrow chance of 75bp gain ahead of US CPI Dollar falls Oil down after previous gains LONDON, Aug. 8 (Reuters) – Global stock markets gained on Monday, recovering from losses caused by a strong US jobs report last week, which bolstered calls for sharp … Read more

Oil falls amid recession fears, slow recovery of imports from China

FILE PHOTO – An oilfield worker works on a pump jack at PetroChina’s Daqing oil field in northeast Heilongjiang province, Nov. 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug. 8 (Reuters) – Oil prices fell on Monday and remained near their multi-month low as recession fears hurt demand … Read more