Analysis: Indices

EU parliament committee backs softer gas storage rules

BRUSSELS -A European Parliament committee voted on Thursday in favour of plans that would lower targets on filling gas storage, agreeing with concerns from member states the goals have driven prices...

Caught in the tariff net: U.S. trade war threatens Chinese fish town

MAOMING, China -In Maoming, a southern Chinese city where a giant tilapia statue watches over traffic at an intersection, the fish isn't just a budget-friendly dinner, but a profession, income and...

Oil falls 2% after sources say OPEC+ to mull accelerating output

HOUSTON -Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a report that U.S. President Donald...

Exclusive-OPEC+ to consider another accelerated oil output increase for June

LONDON -Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute worsens...

Benchmark Minerals and ICE team up for battery material futures

LONDON -Prices of battery materials lithium and cobalt assessed by consultancy Benchmark Minerals Intelligence will be used for contracts launched by Intercontinental Exchange in June, BMI told...

China's Jetour to launch European car sales in third quarter

SHANGHAI -Chinese sport-utility vehicle maker Jetour plans to launch in some European markets in the third quarter and aims to sell cars across much of the continent by 2027, an executive said on...

Greek financial technology provider Qualco plans Athens listing

ATHENS -Greece-based financial technology provider Qualco plans to launch an initial public offering to list its shares on the Athens Stock Exchange, it said on Tuesday. Qualco, which...

Trying to contain US market contagion

A look at the day ahead in European and global markets from Wayne Cole. There is an old saying that when the U.S. sneezes, the world catches a cold. But if the malady is a self-inflicted...

Exclusive-EU explores tweaking methane rules for US gas to help trade talks, sources say

BRUSSELS -The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules, as the bloc attempts to avert a trade war with U.S. President Donald...

Russia's VEB to invest $13.4 billion in copper mine in country's far east

Russian state development bank VEB will invest more than 1.1 trillion roubles to develop a copper mine in Chukotka in the far east of the country, the government said on Saturday. The...

Oil posts weekly gain on trade deal hopes, new Iran sanctions

NEW YORK -Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports,...

Gold starts coming back to Switzerland from US after exclusion from Trump's tariffs

Gold, which traders have been flying to New York since December as a precaution against the possibility of broad U.S. tariffs hitting bullion imports, is being shipped back to Switzerland, where it...

Russia and Qatar sign 2 billion euro investment deal

Russia and Qatar signed an agreement on Thursday under which each country will pay an extra 1 billion euros into a joint investment fund, a Russian official said. This is an agreement...

Russia ramps up oil products supplies to Indonesia

Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine, market sources...

Zalando: UBS remains bullish ahead of results

UBS believes that the first quarter will show sustained growth. The group is due to announce its results on 6 May. Ahead of this announcement, the analyst confirms his buy recommendation on the stock...

EU shelves idea of sanctions on Russian LNG imports

European officials have dropped the idea of pushing for a ban on the bloc's Russian liquefied natural gas imports in upcoming packages because of resistance from some governments and uncertainty about...

India offers cheap loans for arms, targeting Russia's traditional customers

NEW DELHI -Prime Minister Narendra Modi's bid to transform India into a global factory floor has produced billions of dollars of low-cost iPhones and pharmaceuticals. Now he hopes to add missiles,...

Oil prices steady as market considers latest US tariff changes

NEW YORK -Oil prices were little changed on Tuesday as investors digested the latest headlines on U.S. President Donald Trump's on-again, off-again tariffs and tried to figure how much the U.S.-China...

UK business minister Reynolds to visit China later this year, Guardian reports

Britain's business minister, Jonathan Reynolds, will travel to China later this year in a bid to boost trade and investment between the two countries, the Guardian newspaper reported on Tuesday. ...