Some Chinese institutions borrow at 50% rate as liquidity squeezed
SHANGHAI Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as
2023-10-31 21:18
India-led alliance set to fund solar projects in Africa in a boost to the energy transition
An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the group’s director general
2023-10-31 19:58
3 energy companies compete to build a new nuclear reactor in the Czech Republic
Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy-independent and wean itself off fossil fuels
2023-10-31 19:57
Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold
2023-10-31 19:47
Biden administration takes on JetBlue as its fight against industry consolidation goes to court
The Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines
2023-10-31 18:45
Singapore defense minister calls on China to take the lead in reducing regional tensions
Singapore’s defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the Israel-Hamas war would be devastating for the continent and its future
2023-10-31 18:18
Stock market today: World shares mixed, oil prices gain ahead of Fed decision on rates
World shares are mixed and oil prices have gained as investors await a decision by the U.S. Federal Reserve on interest rates
2023-10-31 17:54
New Biden target in junk fee crackdown: retirement advisers
By Jarrett Renshaw The Biden administration on Tuesday will seek to impose new rules on retirement plan providers
2023-10-31 17:28
Spain Weighs Taking Telefonica Stake to Counter Saudi Holding
The Spanish government is considering buying a stake in Telefonica SA following Saudi Telecom Co.’s plan to become
2023-10-31 16:16
China's short-term money rates spike, markets expect more policy easing
SHANGHAI China's short-term money rates spiked on Tuesday, the last trading day of the month, driven up by
2023-10-31 15:47
Starmer to Clarify Response to Israel-Hamas Conflict Amid Splits
Labour leader Keir Starmer will seek to clarify his position on the Israel-Hamas conflict in a speech Tuesday
2023-10-31 14:52
Asiana Airlines board to meet again to decide Korean Air merger
By Ju-min Park and Heekyong Yang SEOUL (Reuters) -Asiana Airlines said on Tuesday it would reconvene a board meeting in
2023-10-31 13:24