Italy will speed up drilling for new sources of domestic gas in a bid to …
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Petrobas wipes out year’s gains
Shares of Brazil’s state-controlled oil producer Petrobras erased their gains for the year as fears …
Read More »Exeed VX: A fortress on four wheels
Abu Dhabi / GULF TIME The China Automotive Technology and Research Center (CATARC) announced the …
Read More »Japan’s trading houses reaping bumper profits from commodities
Some of Japan’s biggest trading houses reported bumper profits and flagged more to come as …
Read More »Global equities pare weekly loss on China reopening rally
Global equities trimmed a weekly loss as Chinese shares surged amid signs that authorities are …
Read More »Czechs stick to stable rates mantra as longer recession looms
The Czech central bank confirmed a preference for keeping borrowing costs stable, defying its new …
Read More »RBI starts pilot program of its digital currency
India’s central bank started a pilot program of its digital currency, allowing select banks to …
Read More »ING plans $1.47bn buyback as one-off charges hit profit
ING Groep NV said it will buy back as much as €1.5 billion ($1.47 billion) …
Read More »Recession alone won’t tame inflation: Lagarde
European Central Bank (ECB) President Christine Lagarde warned that a “mild recession†is possible but …
Read More »PBOC reaffirms pledge to make yuan more flexible
The People’s Bank of China’s (PBOC) Governor Yi Gang reaffirmed a pledge to make the …
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