DAVOS, Switzerland, May 24 Reuters Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday tracking carbon emissions for the oil, gas, refined metals and concentrates sector. The companies are building a platform for oil majors and other commodities firms to vet the environmental […]

BERLIN, May 24 Reuters The mood among German exporters brightened in May despite supply chain problems looming over industry, according to a survey released on Tuesday. The Ifo institute said its export expectations index rose to 4.5 points after a reading of 3.0 in April but added in a statement that German manufacturers remained cautious […]

BRUSSELS, May 23 Reuters The European Union plans to start jointly buying gas before winter, the bloc39;s energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and build a buffer against further energy supply shocks. The European Commission, the EU39;s executive arm, last week proposed a plan for […]

COLOMBO, May 24 Reuters Sri Lanka increased fuel prices on Tuesday, a longflagged move to mend public finances and combat its debilitating economic crisis, but the hikes are bound to add to galloping inflation at least in the short term. Power and Energy Minister Kanchana Wijesekera said in a message on Twitter that petrol prices […]

India started planning to curb sugar exports in March After higher output f39;cast, India allowed some more exports Traders say exports of 10 mln T to help industry, government NEW DELHIMUMBAI, May 24 Reuters India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially […]

ACCRA, May 23 Reuters Ghana39;s central bank on Monday raised its main interest rate by 200 basis points to 19 to curb inflationary pressures and promote macroeconomic stability, Governor Ernest Addison said. In March the Bank of Ghana raised its policy rate by 250 basis points to 17 the largest hike in its history to stem […]

ABUJA, May 23 Reuters Nigeria39;s economy grew 3.11 in the first quarter, slower than in the previous three months due to a fall in crude production, an underperformance which hit the rest of the economy, the statistics office said on Monday. It was the sixth consecutive quarter of growth, with the nonoil sector helping the […]

NEW DELHI, May 19 Reuters India has asked its federal power regulator to allow power generators to import up to 30 of the country39;s coal requirement until March next year, according to a power ministry letter seen by Reuters. India had asked utilities to import 10 of its total requirement, or about 38 million tonnes, […]

NEW DELHI, May 19 Reuters India is considering allowing traders to ship out some of their wheat sitting at ports after a sudden ban on exports of the grain prevented dealers from loading cargoes, trade and government sources said on Thursday. New Delhi banned wheat exports on Saturday, as an intense heat wave hit output […]

April export orders 5.5 yy vs 3.8 poll forecast Export orders from China 16.9 yy vs 9.1 in March Ministry sees May orders between 1.1 and 1.7 yy TAIPEI, May 20 Reuters Taiwan39;s export orders a bellwether for global technology demand fell for the first time in 25 months in April, taking a largerthanexpected hit […]