Mexican state oil company Pemex expects to post a rare annual profit this year, with two consecutive quarters already in the black and a boost to crude output from new fields, Chief Executive Octavio Romero told Reuters.
(Reuters Breakingviews) - A charismatic founder walking away is usually a bad sign for a company hoping to go public. For China’s Ant, though, it would be a relief. Chinese technology icon Jack Ma is planning to give up control of the fina
The Philippine central bank expects inflation to fall back to within its 2%-4% target band next year, from a projected average of 5% this year, its governor said on Friday, reiterating that further interest rate hikes this year are possible.
Manchester City's new signing Erling Haaland is "scary" in front of goal, team mate Phil Foden said, backing the Norwegian striker to quickly adapt to life in England and become a key cog in the Premier League champions' set-up.
Oil prices were steady to higher in Asia trade on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains.
Oil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker U.S. dollar as attention turns to what OPEC and allies including Russia agree at a meeting next week marking the end of their 2020 output reduction pact.
(RTTNews) - The Australian stock market is significantly higher on Friday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 6,900 level, following the broadly positive cues from global markets overnight, with gains across most se
Australian shares rose over 1% on Friday, as strong commodity prices lifted mining and energy stocks, while data showing a declining U.S. economy raised hopes of a less hawkish Federal Reserve.
The Australian and New Zealand dollars were on track for a second straight week of gains on Friday, while bonds celebrated one of their best weeks in months as markets scaled back rate bets.
Standing firm on values is more important than winning, Manly Sea Eagles chairman Scott Penn said, as the National Rugby League (NRL) club counted the cost of a player boycott over a pride jersey.
(RTTNews) - The Hong Kong stock market has finished lower in two straight sessions, slumping almost 300 points or 1.5 percent along the way. The Hang Seng Index now sits just above the 20,620-point plateau although it's tipped to stop the bleeding on Friday.
(RTTNews) - The China stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,280-point plateau and it's tipped to op
U.S. petroleum inventories are not rebuilding – despite record releases from the government’s strategic reserve and a slowdown in the economy which is weighing on fuel consumption by manufacturers and freight firms.
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