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Oil prices stable, heading for weekly gain
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Cepsa to nearly double investments over next 3 years as profit soars
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Euro zone recovery gathers pace, allays fears of recession-PMI
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Morgan Stanley, others now forecast 4% peak for key ECB rate
British property portal Rightmove hikes dividend after annual profit jump
Date: March 3, 2023
(Reuters) -British real-estate portal Rightmove Plc on Friday raised its final dividend payment and posted a higher annual operating profit, supported by resilient traffic despite a less-frenetic property market. Activity in the UK housing sector has eased in recent months, hurt by a dent in demand for new homes as high home-loan rates and broader...
Latest four-member SpaceX crew docks with International Space Station
Date: March 3, 2023
By Steve Gorman (Reuters) – A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) early on Friday, carrying two U.S. astronauts, a Russian cosmonaut and a United Arab Emirates astronaut to begin a six-month science mission. The autonomously flying spacecraft dubbed Endeavour docked to the space station shortly after 1:40 a.m....
Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources
Date: March 3, 2023
By Selena Li HONG KONG (Reuters) -Credit Suisse is offering higher deposit rates than its rivals to attract new funds from wealthy clients in Asia, people with knowledge of the matter said, as the embattled private bank seeks to stem outflows and stop its bankers leaving. The Swiss bank is offering a 6.5% annual rate...
Dollar firms after U.S. labor data suggests more rate hikes
Date: March 3, 2023
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointed to a still strong U.S. jobs market and other data showed growing labor costs, indicating the Federal Reserve has further to go in raising interest rates to tame inflation. The yield on two-year Treasury notes, which...
Estonia’s pro-Kyiv government faces election test amid cost of living crisis
Date: March 3, 2023
By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian governments faces a challenge in a national election in Estonia on Sunday from a far-right party that is seeking to capitalise on dissatisfaction with the rising cost of living. If, as opinion polls predict, Prime Minister Kaja Kallas’ liberal Reform party wins...
Citi pledges to cut emissions for more sectors including coal
Date: March 2, 2023
LONDON (Reuters) -U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, steel and real estate clients by the end of this decade, in its latest update to its plan to reach net-zero emissions by 2050. Banks globally are laying out plans for reducing emissions for...