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Tag: ENR
Global coal consumption to reach all-time high this year – IEA
LONDON, Dec 16 (Reuters) – Global coal consumption is set to rise to an all-time high in 2022 and remain at similar levels in the next few years if stronger efforts are…
Morning Bid: Hanging tough
A look at the day ahead in U.S. and global markets from Mike Dolan. As the world’s major central banks turned the interest rate screw this week and insisted on more tightening…
Stocks and bonds tumble as hawkish central banks dash pivot hopes
LONDON, Dec 16 (Reuters) – World stocks were stuck near one-month lows and government bond markets came under fresh selling pressure on Friday, a day after a slew of central banks jacked…
U.S. retail sales post biggest drop in 11 months; labor market tight
Retail sales fall 0.6% in November Core retail sales drop 0.2%; October sales revised lower Weekly jobless claims decrease 20,000 to 211,000 WASHINGTON, Dec 15 (Reuters) – U.S. retail sales fell more…
Germany’s half-a-trillion dollar energy bazooka may not be enough
FRANKFURT, Dec 15 (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine…