Traders are seen in front of a screen with trading figures in red at Thailand Stock Exchange building in Bangkok, Thailand March 13, 2020. REUTERS/Juarawee Kittisilpa/Files Register now for FREE unlimited access to Reuters.com Register Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pairs gains, S&P 500 futures turn lower Dollar…
Tag: ENR
Deutsche Bank not financing controversial African oil pipeline, source says
FRANKFURT, May 15 (Reuters) – Deutsche Bank (DBKGn.DE) is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person with knowledge of the matter said on Sunday. Germany’s largest lender has come under pressure to clarify its stance on the financing of the…
Texas grid operator calls for power conservation as temperatures, prices soar
An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, US February 20, 2021. REUTERS/Go Nakamura/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register HOUSTON, May 13 (Reuters) – The state of Texas’ power-grid operator on Friday called on residents to cut their electricity use this weekend after…
Russia’s Inter RAO to halt power exports to Finland due lack of payment
HELSINKI, May 13 (Reuters) – Russian utility Inter RAO (IRAO.MM) will stop exporting electricity to Finland from Saturday at 0100 local-time (Friday at 2200 GMT) as it had not been paid, the Finnish grid company said on Friday . The trade in electricity imported from Russia will be suspended “for the time being” due to…
Global shares fall on fears of global economic slowdown
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, US equity futures struggle Dollar hits 2yr highs, accelerates…