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OSLO (Reuters) -Equinor on Wednesday posted barely higher-than-expected income for the ultimate quarter of 2024, whereas elevating its oil and gasoline output forecast and scaling again plans for renewable power capability growth. The Norwegian oil and gasoline producer’s adjusted earnings…
By Howard Schneider (Reuters) – The Federal Reserve can proceed reducing rates of interest at the least “over the medium time period,” Fed Vice Chair Philip Jefferson mentioned on Tuesday, reiterating the U.S. central financial institution’s message that policymakers needn’t…
(Bloomberg) — Oil steadied after a decline as considerations a commerce struggle between the US and China will damage international development was offset by President Donald Trump ramping up financial stress on Iran. West Texas Intermediate traded under $73 a…
Brandon Bell/Getty Photos; iStock; Rebecca Zisser/BI Betting markets count on the Trump administration to unleash extra tariffs within the coming months. The EU is probably going the subsequent area to face US protectionism, Polymarket bettors speculate. Inflation expectations have ticked…
WASHINGTON (AP) — When Donald Trump began the most important commerce battle for the reason that Thirties in his first time period, his impulsive mixture of threats and import taxes on U.S. buying and selling companions created chaos, generated drama…
One of many subsequent strikes in President Donald Trump and Elon Musk’s sweeping effort to fireplace authorities staff and curtail operations is utilizing the company that manages hundreds of federal worker worksites across the nation to chop down on workplace…
CAIRO (Reuters) – Lebanon President Joseph Aoun on Tuesday advised Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani that he hopes TotalEnergies will quickly resume oil and fuel exploration off the coast of Lebanon, based on an announcement from…
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – The Federal Reserve introduced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, however mentioned the financial institution’s asset cap remained in place. The…
(Bloomberg) — Merchants are wagering that Tuesday’s droop within the greenback will probably show short-lived, given the backdrop of relative US financial power and lingering worries across the threat of a commerce conflict. Most Learn from Bloomberg The Bloomberg Greenback…
(Bloomberg) — Oil pared losses on hypothesis that US President Donald Trump will impose tighter sanctions on Iran, which might threaten the nation’s crude exports. Most Learn from Bloomberg West Texas Intermediate was little modified close to $73 a barrel…