Author Archives: Syndicated Content

OTTAWA (Reuters) - The Bank of Canada will likely need to keep interest rates at or above 4% for most of 2023 to cool an overheated economy and tame high inflation, the International Monetary Fund (IM...

By Ann Saphir (Reuters) - Over the past six weeks or so, U.S. mortgage rates have fallen, stock prices are up, and yields on corporate debt have dropped, all signs that financial conditions are easing...

By Pratima Desai LONDON (Reuters) - With memories still fresh of the nickel market meltdown in March, the industry didn't need a reminder about just how dysfunctional the London Metal Exchange's (LME)...

By Huw Jones LONDON (Reuters) - Some banks in the euro zone could struggle to pay back money borrowed from the European Central Bank as volatile markets make it harder to raise funds, the European Uni...

By Anthony Boadle BRASILIA (Reuters) - Jose Mucio, a veteran politician known for his negotiating skills, will be Brazil's next defense minister, tasked with smoothing over relations between the count...

(Reuters) - U.S. President Joe Biden on Friday authorized fresh $275 million in military aid for Ukraine, according to a memo released by the White House. (Reporting by Ismail Shakil)

MILAN (Reuters) - Itay's Snam will choose the offshore site for its new floating storage and regasification unit (FSRU) in the next 100 days, Italy's special commissioner for the project said on Frida...

By Michelle Nichols UNITED NATIONS (Reuters) - Russia is attempting to obtain more weapons from Iran, including hundreds of ballistic missiles, and offering Tehran an unprecedented level of military a...

By Arathy Somasekhar HOUSTON (Reuters) - An oil spill that shut TC Energy's Keystone pipeline in the United States on Wednesday could squeeze crude inventories at the country's primary storage hub and...

(Reuters) - British musician Elton John quit Twitter on Friday, the latest high-profile celebrity to leave the social media platform following its acquisition by billionaire Elon Musk. John, who is cu...