China-focused hedge funds lower exposure as risks mount
By Summer Zhen HONG KONG (Reuters) -Some of Asia’s large China-focused hedge funds are buying more non-China stocks as regulatory scrutiny, policy uncertainties and a...
European shares find footing after rough start to week
By Shreyashi Sanyal (Reuters) -European shares edged higher on Tuesday following a bleak start to the week on worries over a looming energy crisis and...
POSCO says fire put out at S.Korea steel plant, production halted due to flooding
SEOUL (Reuters) -A fire broke out at South Korean steelmaker POSCO’s plant in the southeastern city of Pohang on Tuesday, a POSCO spokesperson confirmed. “A...
Lufthansa to make pilots new offer in wage dispute as union plans strike
FRANKFURT (Reuters) – German airline Lufthansa said it would make an improved offer to pilots on Tuesday in a bid to stop an escalation of...
Euro, sterling bounce on energy policy hopes, climb all over tumbling yen
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The euro and sterling were on Tuesday trying to recover from multi-year lows against the dollar...
Oil steadies after rally on symbolic OPEC+ output cut
By Alex Lawler LONDON (Reuters) – Oil steadied on Tuesday after a two-day rally as OPEC+’s decision to cut output in October was balanced by...
Europe tries to shore up power firms with billions more
By Essi Lehto and Michael Shields HELSINKI/ZURICH (Reuters) – Finland and Switzerland provided billions in financial support to power companies on Tuesday, as Europe scrambles...
Porsche IPO only off the table if severe geopolitical problems arise, CFO says
BERLIN (Reuters) -Porsche will only backtrack on its stock market debut in the event of severe geopolitical problems that would make the importance of a...
Russian gas flows to EU via Ukraine remain stable, Nord Stream stays shut
LONDON (Reuters) – Flows of Russian gas to Europe via Ukraine were stable on Tuesday morning, while the Nord Stream 1 pipeline from Russia to...
Russia scraps gas pipeline reopening, stoking European fuel fears
By Christoph Steitz and Caleb Davis FRANKFURT/GDANSK (Reuters) – Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to...
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