Nearly One in Three ECB Bosses is German as France Lags

FRANKFURT, April 28 Reuters One in three managers at the European Central Bank is German, giving the ECB39;s host country an ever bigger representation than its size would imply, ECB data showed on Thursday. The ECB39;s first breakdown of its staff and management by nationality also showed that France, the euro zone39;s secondlargest country, was […]
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Asia Oil Refiners Rake in Profits on Tight Global Supplies

SINGAPORE, April 28 Reuters Asian oil refiners are reaping their highest profits ever this week, spurred by higher fuel demand during peak holiday seasons as more economies recover from the COVID19 pandemic while the region ramps up exports to Europe to replace a Russia shortfall. Profit margins for complex refineries in Singapore, the bellwether for […]
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Oil Extends Gains as Supply Concerns Trump China Lockdowns

New York Harbor diesel rises on futures squeeze OPEC likely to stick to existing deal on May 5 sources China lockdowns weigh on oil demand outlook Exxon declares force majeure on Russia39;s Sakhalin1 SINGAPORE, April 29 Reuters Oil prices rose for a fourth day on Friday as Russian supply disruption fears trumped COVID19 lockdowns in […]
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Indian Shares Extend Gains; Reliance Hits Record High

BENGALURU, April 29 Reuters Indian shares extended gains to a second straight session on Friday with Reliance Industries climbing to a record high, while a fall in Axis Bank following its Marchquarter results capped the rise in the benchmark Nifty 50 index. The NSE Nifty 50 index was up 0.19 at 17,278.60, as of 0440 GMT, […]
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