News & Analytic Centre

LONDON, Nov 4 Reuters The creditor group offering Britain39;s Thames Water a 1.5 billion pound 1.95 billion funding lifeline urged others to back its plan on Monday, a week before a participation deadline. Britain39;s biggest water supplier has been on the brink of collapse since March, when its equity investors refused to pump in new […]

Refinery output seen falling to 14.7 million bpd Weak transport fuel demand, export caps hurt refiners Independent refiners39; throughput slides to 56 of capacity SINGAPORE, Nov 4 Reuters Chinese refiners are expected to reduce fuel output for the rest of the year and maintain lower run rates in the first quarter of 2025 despite a […]

South Korean refiners report steepest quarterly losses in years Q4 margins to improve on winter demand, reduced run rates Asia JuneAug refining margins weakest in two years LSEG data SEOUL, Nov 4 Reuters South Korean refiners reported on Monday sharp losses in the third quarter from oil refining, but expect their margins to recover in […]

BERLIN, Nov 4 Reuters German companies are less willing to hire new staff than at any point in more than four years, data from the Ifo institute showed on Monday, as weakness in Europe39;s largest economy has left its mark on the country39;s labour market. Ifo39;s employment barometer fell to 93.7 points in October from […]

LONDON, Nov 1 Reuters Britain39;s pivotal tax, borrow and invest budget has elevated the Bank of England39;s interest rate horizon but sterling has hesitated and reversed suggesting some think the BOE may well take a more nuanced view over the coming year. BOE officials are currently in their traditional blackout period ahead of next Thursday39;s interest rate […]