Oil Set for Weekly Gain on Signs of Improving Demand

May 17 Reuters Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand amid stronger economic indicators from key consumers China and the United States. Brent crude oil prices climbed 39 cents, or 0.47, to 83.66 a barrel by 0603 GMT. […]
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China Expected to Stand Pat on Lending Rates in May

SHANGHAISINGAPORE, May 17 Reuters China is widely expected to hold benchmark lending rates steady on Monday, a Reuters survey showed, although expectations are growing for a cut in the mortgage reference rate as the authorities scramble to boost housing. The loan prime rate LPR, normally charged to banks39; best clients, is calculated each month after […]
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London Stocks Dip as Global Rates Outlook Weighs

GSK down after it raises 1.5 bln from offloading Haleon stake Landsec down; co posts smaller annual loss as market recovery gathers pace FTSE 100, FTSE 250 off 0.3 May 17 Reuters London stocks fell on Friday, tracking weakness in global markets after U.S. Federal Reserve officials indicated interest rates may stay high for longer, […]
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