Americans’ travel bug is too much of a good thing
Throw a stone in Manhattan and chances are it will hit a New Yorker preparing for a European vacation. More…
US banks see high deposit costs, investment banking boost
U.S. lenders’ second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to…
US banks see high deposit costs, investment banking boost
U.S. lenders’ second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to…
Euro zone firms see moderate price hikes, slower wage growth – ECB
Large euro zone companies expect moderate price hikes over the next quarter and see wage growth slowing in 2025, a…
ECB’s Lagarde: We’re ditching forward guidance
A meeting-by-meeting approach It comes as no surprise that the European Central Bank kept its policy interest rates unchanged. There…
What to expect from China’s monetary policy framework reforms
PBOC governor’s prompts speculation Pan Gongsheng, the governor of the People’s Bank of China, gave a speech at the Lujiazui…
Freeport prepares to restart LNG exports
A liquefied natural gas tanker was docked at the Freeport LNG terminal for the first time in almost two weeks…
Nigeria’s Dangote refinery in talks with Libya to secure oil
Nigeria’s Dangote refinery is in talks with Libya to secure crude for the 650,000 barrels per day (bpd) plant and…
Mexico’s Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 barrels per day (bpd) and…
India: LNG imports up 11% in June on higher demand from gas-based power units
India’s import of Liquified Natural Gas in June rose by 11% to 2,648 mmscm (million standard cubic meter) as the…