September 2023 – Page 65

Low US Heating Oil Stockpiles could Cause Winter Sticker Shocks

September 4, 2023
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Sept 4 Reuters Americans could face a sticker shock with their heating bills this winter, especially if it is a chilly one, due to unusually low U.S. stockpiles of distillate fuels following OPEC crude supply cuts and higher demand from Europe, analysts said. Distillate inventories, which include diesel and heating oil, were by late August […]

September 4, 2023
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TOKYO, Sept 4 Reuters Japanese Prime Minister Fumio Kishida said on Monday the government would allocate an additional 20.7 billion yen 141.41 million to support the fisheries industry after China39;s total import ban of Japanese aquatic products. The ban followed the start of Japan39;s release of treated radioactive water from the destroyed Fukushima Daiichi nuclear […]

September 4, 2023
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BEIJING, Sept 4 Reuters Chinese Vice Premier He Lifeng on Monday called for putting the country39;s affordable housing under strict closed management and prohibiting it from being listed for trading, in a bid to help shore up the longterm supply of lowcost homes. Beijing has been taking steps to increase the supply of affordable housing […]

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JERUSALEM, Sept 4 Reuters The Bank of Israel left shortterm borrowing rates unchanged on Monday for the second time in a row following signs of easing inflation as it remained unclear whether central bank chief Amir Yaron will stay on for a second term. As expected, policymakers kept the benchmark rate at 4.75 its highest level […]

September 4, 2023
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PARIS, Sept 4 Reuters France unveiled on Monday revised proposals banning the use of meat names like steak and spare ribs for plantbased food made in the country as it seeks to avoid misleading claims of some meat alternatives. The first country in the European Union to attempt to impose such a restriction, France had […]

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Sept 4 Reuters London Stock Exchange Group is looking into using blockchain to build what it described on Monday as an endtoend digital market ecosystem to raise and transfer capital across asset classes. Murray Roos, head of capital markets at LSEG, earlier told the Financial Times that the Londonbased exchange had been examining the potential for […]

September 4, 2023
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FRANKFURT, Sept 4 Reuters Investor morale in the euro zone fell more than expected at the start of September as Germany39;s economic weakness remained a major drag on the region, a survey showed on Monday. Sentix39;s index for the euro zone declined to 21.5 points in September from 18.9 in August, weaker than the 20.0 […]

September 4, 2023
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Sept 4 Reuters Hong Konglisted skincare specialist L39;Occitane International SA said on Monday its controlling shareholder had decided against a potential deal to take the company private, curbing speculation of a possible European listing. L39;Occitane updated the market last month about a potential buyout offer from Chairman Reinold Geiger39;s investment holding company, L39;Occitane Groupe SA, at no less […]

September 4, 2023
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MUNICH, Sept 3 Reuters The variable costs for producing electric vehicles will remain higher compared to combustion engine models for the foreseeable future, the chief executive of MercedesBenz said on Sunday, adding this would continue to fuel intense competition. Ola Kaellenius39;s comments come as MercedesBenz disclosed more details about its newest electric vehicle architecture, the CLA compact electric […]

September 4, 2023
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HONG KONGNEW YORK, Sept 4 Reuters Country Garden39;s deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan 537 million boosted shares in the developer on Monday and gave China39;s crisisridden property sector some muchneeded respite. Shares in Country Garden jumped as much as 19 to their highest level since Aug. 10 and […]

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Low US Heating Oil Stockpiles could Cause Winter Sticker Shocks

Japan to Allocate 140M more to Help Fisheries after Chinas Import Ban

China Vice Premier Seeks to Ensure Supply of LowCost Homes

Bank of Israel Holds Interest Rates, Eyes Turn to Possible 2nd Term for Governor

France Makes Fresh Bid to Ban Meat Names for PlantBased Food

LSEG Explores Blockchain for CrossAsset Digital Ecosystem

Euro Zone Investor Mood Darkens in Sept Survey

LOccitanes Owner Decides Against Deal to Take Company Private

Mercedes Boss EV Costs will Remain Higher for Foreseeable Future

Country Garden Debt Deal, China Property Support Measures Trigger Relief Rally

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