Don’t expect policy change, French PM says after debt downgrade
France won’t change its fiscal policy, Prime Minister Gabriel Attal said as his government looked set to face two new…
After trial, investors weigh Trump 2.0 factor as election looms
Donald Trump last week became the first former president convicted of a felony, but Wall Street believes he still has…
UK factories return to growth, prices rise by most in a year, PMI shows
British manufacturers reported a return to growth last month after a long slowdown, according to a survey published on Monday,…
US factory activity slips for a second month in May, ISM says
U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in…
Chinese refiner Rongsheng buys its first Canadian TMX crude oil cargo
Chinese refiner Rongsheng Petrochemical 002493.SZ has bought its first Canadian crude cargo via the recently expanded Trans Mountain pipeline (TMX)…
Norway gas export plummets as Sleipner outage shuts Nyhamna plant
Norway’s gas exports to Europe fell sharply on Monday as a shutdown of the offshore Sleipner hub also stopped operation…
Taiwan’s FPCC Offers More Spot June Gasoil, Sources Say
Taiwan’s Formosa Petrochemical Corp (FPCC) has offered more prompt June spot 10ppm sulphur gasoil cargoes via a sale tender, three…
EU’s wobbly budget rules can bolster shaky economy
Europe’s new budget rules can work only if Brussels can stretch them. Eleven countries including France, Italy and Belgium, posted…
US construction spending slips again in April
U.S. construction spending fell unexpectedly for a second consecutive month in April on declines in non-residential activity, though outlays for…
Euro zone manufacturing sees potential signs of recovery in May, PMI shows
The long-running downturn in euro zone manufacturing may have turned a corner last month, according to a survey which showed…