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Updated

Coal, gas lead 2022 commodities rally; recession clouds new year

BY Reuters  • December 30, 2022December 30, 2022
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Coal and natural gas markets ended 2022 with strong gains on Friday after a global energy crisis triggered by the Russia-Ukraine war stok[...]
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Asia Business Economy Environment Europe Updated

Stocks end 2022 with a thud; Treasury yields, oil prices rise

BY Reuters  • December 30, 2022December 30, 2022
By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes finished lower on Friday on 2022’s last trading day, while Treasury yields rose along with oil futu[...]
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Asia Australia Business Economy Europe Updated US

Inflation, recession and earnings among factors to drive U.S. stocks in 2023

BY Reuters  • December 30, 2022December 30, 2022
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock investors could not be more eager to turn the page on 2022, a brutal year that lopped about $8 trillion in market capitalization from the S[...]
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Business Economy Top News Updated US

Canada’s antitrust tribunal clears C$20 billion Rogers-Shaw deal

BY Reuters  • December 30, 2022December 30, 2022
By Divya Rajagopal and Akriti Sharma (Reuters) -Canada’s antitrust tribunal approved Rogers Communications Inc’s C$20 billion ($14.77 billion) bid for rival Shaw Communications Inc, ending[...]
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Business Canada Technology Updated US

Petrobras’ next CEO seen overseeing strategic shift with renewables focus

BY Reuters  • December 30, 2022December 30, 2022
By Marta Nogueira, Rodrigo Viga Gaier and Maria Carolina Marcello RIO DE JANEIRO/BRASILIA (Reuters) – The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras sugge[...]
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Business Economy Latin America Politics Top News Updated

Next Petrobras CEO says he will change company’s fuel price policy

BY Reuters  • December 30, 2022December 30, 2022
BRASILIA (Reuters) -The incoming chief executive of Brazil’s state-run oil company Petrobras said on Friday he planned to tweak the country’s fuel price policy, but said investors need not[...]
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Business Latin America Updated

Oil ends year of wild price swings with 2nd straight annual gain

BY Reuters  • December 30, 2022December 30, 2022
By Laila Kearney NEW YORK (Reuters) -Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on weaker demand from top importer China and worries of an econom[...]
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Business Economy Europe Middle East UK Updated US

Bahamas regulator holds FTX assets pending delivery to customers, creditors

BY Reuters  • December 30, 2022December 30, 2022
(Reuters) -The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver th[...]
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Business Economy Latin America Technology Updated US

New Fed research flags rising risk of U.S. recession

BY Reuters  • December 30, 2022December 30, 2022
By Michael S. Derby NEW YORK (Reuters) – Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession is in th[...]
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Business Economy Top News Updated US
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