Oil prices rebound on Russian pipeline constraints and recession fears

Oil prices rebound on Russian pipeline constraints and recession fears

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

Record rain kills at least 8 in South Korean capital

Record rain kills at least 8 in South Korean capital

SEOUL, Aug 9 (Reuters) – At least eight people have died in and around Seoul overnight, South Korean authorities said on Tuesday, after torrential rains knocked out power, caused landslides and left roads and subways submerged. The southern part of the nation’s capital received more than 100 mm (3.9 inches) of rain per hour Monday … Read more

Global stocks rebound after US jobs sold

Global stocks rebound after US jobs sold

Euro STOXX gains 0.8% Wall Street should win Markets cut odds of 75 basis point hike ahead of US CPI The dollar is falling Oil recovers its first losses and tries to rally LONDON/SYDNEY, Aug 8 (Reuters) – Stocks gained ground on Monday, regaining their footing after a strong U.S. jobs report last week bolstered … Read more

Indonesia says Tesla strikes $5 billion deal to buy nickel products – media

Indonesia says Tesla strikes  billion deal to buy nickel products – media

Tesla cars are parked at the construction site of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 20, 2022. REUTERS/Hannibal Hanschke/ Join now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 8 (Reuters) – U.S. automaker Tesla (TSLA.O) has signed deals worth around $5 billion to buy materials for its batteries … Read more

UN chief calls for international access to Ukrainian nuclear power plant after new attack

UN chief calls for international access to Ukrainian nuclear power plant after new attack

Kyiv and Moscow are responsible for visits to the Zaporizhzhia site UN’s Guterres says any attack on nuclear power plant is ‘suicidal’ Four ships carrying Ukrainian food leave Black Sea ports Aug 8 (Reuters) – UN Secretary-General Antonio Guterres demanded on Monday that international inspectors be given access to the Zaporizhzhia nuclear power plant after … Read more

Oil rebounds as China and US data ease recession fears

Oil rebounds as China and US data ease recession fears

FILE PHOTO – An oilfield worker works on a pump jack at PetroChina’s Daqing oilfield in northeast China’s Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 8 (Reuters) – Oil prices rose slightly from multi-month lows on Monday as investor appetite improved on U.S. jobs … Read more

Cuba receives aid from Mexico and Venezuela to fight oil fires

Cuba receives aid from Mexico and Venezuela to fight oil fires

HAVANA, Aug 7 (Reuters) – Cuba appeared to be making progress on Sunday in containing a fire at its main oil storage facility that killed a firefighter, relying on help from Mexico and Venezuela to battle the raging flames. A lightning strike on Friday ignited one of eight storage tanks at the super oil port … Read more

Tata Motors to buy Ford India manufacturing plant for $91m

Tata Motors to buy Ford India manufacturing plant for m

Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013. REUTERS/Vivek Prakash Join now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – Tata Motors Ltd (TAMO.NS) on Sunday signed a deal to buy Ford Motor’s manufacturing plant in the western state of Gujarat … Read more

Chile sinkhole grows big enough to engulf France’s Arc de Triomphe

Chile sinkhole grows big enough to engulf France’s Arc de Triomphe

Aug 7 (Reuters) – A sinkhole in Chile has doubled in size, growing big enough to engulf France’s Arc de Triomphe and prompting authorities to order a halt to work at a nearby copper mine. The sinkhole, which emerged on July 30, is now 50 meters (160 feet) in diameter and drops 200 meters (656 … Read more

Chinese exports pick up, but outlook darkens as global growth slows

Chinese exports pick up, but outlook darkens as global growth slows

China’s July exports rise at a faster pace than expected Imports disappoint again, highlighting weak domestic demand The trade balance hit a record high in July Weak foreign demand adds stress to trade and economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly accelerated in July, providing an encouraging boost to the economy … Read more