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New York Times hits 10 million subscriptions goal early with Athletic deal

By Eva Mathews (Reuters) – The New York Times Co has met its target of 10 million subscriptions three years ahead of schedule thanks to its purchase of The Athletic,

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Commodities News

Oil slips despite OPEC+ sticking to moderate rise, U.S. stockpile draw

By David Gaffen NEW YORK (Reuters) -Oil prices slipped from highs on Wednesday even after OPEC+ stuck to planned moderate output increases despite pressure from top consumers to raise output

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Commodities News

U.S. Oil Stockpiles -1.046m Last week: EIA

By Sam Boughedda Investing.com — U.S. oil stockpiles -1.046m in the latest week, the Energy Information Administration said on Wednesday. Crude inventories -1.046 million barrels last week, compared with analyst expectations

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Commodities News

OPEC+ Agrees on Another Gradual Oil-Output Hike for March

(Bloomberg) — OPEC and its allies agreed to make another modest output increase in March, sticking to their plan even as the failure of several members to deliver the scheduled

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Commodities News

Blow to Gazprom critics as EU court upholds antitrust settlement

BRUSSELS (Reuters) -Gazprom’s critics suffered a blow on Wednesday when the European Union’s second highest court upheld a 2018 decision that let the Russian gas giant settle a long-running antitrust

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Commodities News

Exclusive-India could buy potash from Belarus in rupees as sanctions hit Minsk-sources

By Rajendra Jadhav MUMBAI (Reuters) – India plans to buy 1 million tonnes of potash from Belarus in the first such bilateral deal between the two countries after sanctions crippled

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News

Omicron depresses U.S. private payrolls in temporary setback to labor market

By Lucia Mutikani WASHINGTON (Reuters) – U.S. private payrolls fell for the first time in a year in January as soaring COVID-19 infections disrupted business operations, raising the risk of

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Economy News

Russian inflation accelerates to 8.82% ahead of cenbank rate meeting

MOSCOW (Reuters) – Consumer inflation in Russia accelerated to 8.82% in year-on-year terms as of Jan. 28, its highest since early 2016, the economy ministry said on Wednesday, adding pressure

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News

Record euro zone inflation piles pressure on ECB

FRANKFURT (Reuters) -Euro zone inflation rose to a new record high last month, defying expectations for a big drop and piling pressure on the European Central Bank to finally admit

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Economy News

Fighting COVID will help economy recover faster, lower inflation -IMF’s Georgieva

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The COVID-19 pandemic remains the biggest risk to the global economy, and is contributing to rising inflation in many countries, International

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