Author: Press Room
© Reuters. FILE PHOTO: A nighttime view of Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, diesel fuel, and other refined petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a dr By Shariq Khan (Reuters) – U.S. gasoline prices are the lowest they have been since January and by Christmas could fall below $3 a gallon for the first time since 2021, analysts said, which should boost consumer confidence during the holiday shopping season. The national average price for a gallon of gasoline stood at $3.23 on Tuesday, down 15%…
LendingTree repurchases $100M of 2025 convertible notes
President Biden said Tuesday that Hamas had repeatedly raped women and mutilated their bodies during the Oct. 7 terror attack on Israel, citing accounts from survivors and witnesses to the attacks.While at a political fundraiser in Boston, the president called on the world to condemn the “unimaginable cruelty” of Hamas’ sexual violence “without exception.” “Reports of women raped — repeatedly raped — and their bodies being mutilated while still alive, of women’s corpses being desecrated, Hamas terrorists inflicting as much pain and suffering on women and girls as possible and then murdering them. It is appalling,” Biden said, according to Reuters.Israeli…
Russia is using drones to kill its own soldiers to stop them from surrendering, Ukraine says.A military spokesman said there have been “cases when Russian drones have killed their own wounded.”Russia has previously been accused of using deadly force against troops retreating or surrendering. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Russian forces are killing their own injured soldiers to stop them from surrendering to Ukrainian troops, officials in Ukraine’s defense forces and military intelligence service said.”The fact is that the Russians do…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Over the past week, millions of doors across Britain have been gently opened. After tearing back a thin curtain, hands young and old have reached inside to extract a small, sweet, sought-after item from its casing. What was taken, it’s safe to say, will never be seen again. I am alluding not to a sudden wave of house burglaries but to advent, which signals the return of calendars across the nation — most of which contain chocolate. Beginning traditionally on the fourth Sunday…
© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File Photo By Fergal Smith TORONTO (Reuters) – Analysts see less upside for the Canadian dollar than previously thought over the coming year as recent data showing a slowdown in the domestic economy brings forward the expected start of Bank of Canada interest rate cuts, a Reuters poll found. The median forecast of 35 foreign exchange analysts surveyed in the Dec. 1-5 poll was for the Canadian dollar to strengthen 0.4% to 1.3533 per…
© Reuters. FILE PHOTO: The sun rises behind the dome of the U.S. Capitol, days after Democratic leaders of the U.S. House of Representatives delayed a planned vote on a $1 trillion bipartisan infrastructure bill, in Washington, U.S., October 4, 2021. REUTERS/Kevin L (Reuters) – The chief executives of the biggest U.S. banks are set to appear before the Senate Banking Committee on Wednesday, where they will probably push back on proposals for stricter capital rules. The Committee’s Democratic chair Sherrod Brown has alleged that banks “reward corporations that raise prices on Americans.” Congress convenes the CEOs as part of…
© Reuters. FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Exxon Mobil (NYSE:) on Wednesday forecast production of 3.8 million barrels of oil equivalent per day (boepd) in 2024, as the top U.S. oil producer bets on a lift from Permian basin and Guyana. The company has said it expected output to be flat until the end of this year, at 3.7 million boepd, due to its withdrawal from Russia. (This story has been corrected to change year to 2024,…
5E Advanced Materials reports restructuring support agreement and new equity capital
© Reuters. By Vuyani Ndaba and Devayani Sathyan JOHANNESBURG/BENGALURU (Reuters) – Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next year as bets on interest rate cuts from the U.S. Federal Reserve increase, a Reuters poll found. A fall in the U.S. dollar last month after soft U.S. inflation data and dovish remarks from the Fed drove a 2.6% rise in the emerging markets currency index since the start of November – a trend set to continue into next year. However, with risks U.S. interest rates stay higher for longer investors will remain…