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Biggest rail strike in 30 years brings UK to a standstill

  • Post published:June 21, 2022
  • Post category:Business
  • Reading time:10 mins read

More than 40,000 railway workers on strikeGovernment under pressure in the face of the cost of living crisisUnions say strike could trigger 'summer of discontent'LONDON, June 21 (Reuters) - Britain's…

Continue ReadingBiggest rail strike in 30 years brings UK to a standstill

Europe could go back to coal as Russia refuses gas flows

  • Post published:June 21, 2022
  • Post category:Business
  • Reading time:12 mins read

Pipes from the landing facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterGermany…

Continue ReadingEurope could go back to coal as Russia refuses gas flows

Crypto’s latest meltdown leaves punters bruised and bewildered

  • Post published:June 21, 2022
  • Post category:Business
  • Reading time:11 mins read

LONDON/MUMBAI/ANKARA, June 21 (Reuters) - For Jeremy Fong, U.S. crypto lender Celsius was a great place to store his digital currency holdings - and earn pocket money from its two-tier…

Continue ReadingCrypto’s latest meltdown leaves punters bruised and bewildered

Asian stocks rise as investors pause after selling

  • Post published:June 21, 2022
  • Post category:Economy
  • Reading time:8 mins read

A man wearing a protective mask, amid the COVID-19 outbreak, reflects on an electronic board displaying stock prices outside a brokerage in Tokyo, Japan, September 21, 2021. REUTERS/Kim Kyung-HoonJoin now…

Continue ReadingAsian stocks rise as investors pause after selling

Oil prices steady as market balances recession fears with tight supply

  • Post published:June 20, 2022
  • Post category:Market
  • Reading time:7 mins read

An aerial view shows oil tanks of pipeline operator Transneft at the Kozmino crude oil terminal on the shore of Nakhodka Bay near the port city of Nakhodka, Russia, June…

Continue ReadingOil prices steady as market balances recession fears with tight supply

Stocks rebound slightly as investors weigh central banks’ next move

  • Post published:June 20, 2022
  • Post category:Economy
  • Reading time:9 mins read

LONDON, June 20 (Reuters) - Stock markets posted modest gains on Monday after last week's heavy losses as investors braced for a host of speakers from the U.S. Federal Reserve…

Continue ReadingStocks rebound slightly as investors weigh central banks’ next move

Global markets shake as central banks get more hawkish

  • Post published:June 19, 2022
  • Post category:Economy
  • Reading time:12 mins read

A specialty trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 16, 2022. REUTERS/Brendan McDermidJoin now for FREE unlimited…

Continue ReadingGlobal markets shake as central banks get more hawkish

Factbox: Which US refineries have closed since the global pandemic, and why?

  • Post published:June 18, 2022
  • Post category:Economy
  • Reading time:9 mins read

A splinter appears on the flooded Phillips 66 Alliance refinery property, after Hurricane Ida hit in a NOAA surveillance photograph taken south of Belle Chasse, Louisiana, U.S. August 31, 2021/File…

Continue ReadingFactbox: Which US refineries have closed since the global pandemic, and why?

Russian gas to Europe in short supply as heatwave boosts demand

  • Post published:June 18, 2022
  • Post category:Business
  • Reading time:11 mins read

FILE PHOTO - Pipes from the landing facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal HanschkeJoin now for FREE unlimited access…

Continue ReadingRussian gas to Europe in short supply as heatwave boosts demand

Yen tumbles as FX market adjusts to central bank rate decisions

  • Post published:June 18, 2022
  • Post category:Market
  • Reading time:9 mins read

The BOJ takes advantage of the tightening wave, the yen loses more than 2%Swiss franc hits two-month high against euroThe Aussie hurt by the drop in global sentimentNEW YORK, June…

Continue ReadingYen tumbles as FX market adjusts to central bank rate decisions
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