[ad_1] MOSCOW (Reuters) – Mozambique’s talks with the International Monetary Fund (IMF) are making “encouraging progress,” as the country seeks to restore access to international financing, President Filipe Nyusi said on Wednesday. President of Mozambique Filipe Nyusi
Argentina new economy chief will not allow ‘irrational’ run on peso
[ad_1] BUENOS AIRES (Reuters) – Argentina will not allow a chaotic fall in the peso and will use its dollar reserves to bolster the currency against political uncertainty that has swept the country since the
Oil up over 1%, buoyed by U.S. stock drawdown
[ad_1] LONDON (Reuters) – Crude oil futures rose more than 1% on Wednesday after industry data showed a larger than expected drop in U.S. crude inventories, but gains were capped by lingering worries about a
Hong Kong protest moves to mob-attack subway as bank warns of economic fallout
[ad_1] HONG KONG (Reuters) – A major bank warned on Wednesday that weeks of protests in Hong Kong could hit the economies of the Chinese-ruled city and mainland China itself as demonstrators held a sit-in
Exclusive: Russia’s Rosneft to switch to euros in oil products tenders – traders
[ad_1] MOSCOW (Reuters) – Russia’s Rosneft, one of the world’s top oil producers and exporters, has notified customers that future tender contracts for oil products will be denominated in euros not dollars, five trading sources
Court grants Ryanair injunction to stop Irish pilot strike
[ad_1] FILE PHOTO: Ryanair logo is pictured on the the jacket of a cabin crew member ahead of a news conference by Ryanair union representatives in Brussels, Belgium September 13, 2018. REUTERS/Francois Lenoir DUBLIN (Reuters)
Brent oil prices rise above $60, buoyed by U.S. stock drawdown
[ad_1] LONDON (Reuters) – Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but lingering worries about a possible global recession capped
Gold eases as investors book profits; Fed minutes in focus
[ad_1] (Reuters) – Gold prices retreated below the key $1,500 level on Wednesday as traders booked profits and focus turned to the minutes of the U.S. Federal Reserve’s July meeting for clues on future interest
Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests – sources
[ad_1] HONG KONG/NEW YORK (Reuters) – China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two
India has not set deadline to launch electric vehicles: official
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[ad_1] New Delhi (Reuters) – The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday. The Indian auto