By Yuka Obayashi TOKYO (Reuters) – Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western rein[...]
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Biden tax credits aim to jolt electric delivery truck demand
By Lisa Baertlein (Reuters) – The United States will introduce incentives on Jan. 1 for delivery firms and other companies to switch to electric trucks as part of a broad push to get polluting,[...]
Read moreExxon sues EU in move to block new windfall tax on oil companies
By Sabrina Valle (Reuters) – U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded[...]
Read moreItaly’s parliament gives final approval to government’s 2023 budget
ROME (Reuters) – The Italian government on Thursday comfortably won a vote of confidence in the Senate over its expansionary 2023 budget, obtaining parliament’s final approval of the packa[...]
Read moreRouble recovers after hitting 8-month low vs dollar on sanctions fears
By Alexander Marrow MOSCOW (Reuters) – The Russian rouble pared losses to gain on Thursday after slumping to an eight-month low against the dollar in early trade, struggling under the weight of[...]
Read moreThai economy recovers, tourism to see upside from China’s reopening – central bank
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy remained on the recovery path in November, boosted by increased tourism and domestic consumption while e[...]
Read moreEuro zone business lending growth slows sharply in November
FRANKFURT (Reuters) – Bank lending to euro zone companies slowed in November, easing back from the sector’s biggest borrowing binge in over a decade as rising interest rates and a looming[...]
Read moreSpain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after rising 1.0% in October, the National Statistics Institute (INE) said[...]
Read moreGerman exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices making U.S. buyers c[...]
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