U.S. producer prices fall in July, underlying inflation slows

U.S. producer prices unexpectedly fell in July amid a drop in the cost for energy products, and underlying producer inflation appears to be on a downward trend.

newspaper

11-08-2022

OPEC, unlike IEA, sees lower 2022 oil demand growth

LONDON (Reuters) -OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia's invasion of Ukraine, high inflation and efforts to contain the coronavirus pandemic.

newspaper

11-08-2022

OPEC sees lower 2022 oil demand growth, sticks to 2023 view

OPEC cut its forecast for growth in world oil demand in 2022 for a third time since April, citing the economic impact of Russia's invasion of Ukraine, high inflation and ongoing efforts to contain the coronavirus pandemic.

newspaper

11-08-2022

AerCap revenue jumps as global travel recovery strengthens

DUBLIN (Reuters) -A strengthening rebound in air travel "across all major regions" boosted second-quarter revenue at AerCap as the world's top aircraft lessor predicted that supply chain issues for planemakers would support leasing demand for years to come.

newspaper

11-08-2022

AerCap revenue jumps as travel recovery strengthens globally

A strengthening recovery in air travel "across all major regions" boosted second-quarter revenue at AerCap by 36% year-on-year to $1.67 billion, the world's top aircraft lessor said on Thursday.

newspaper

11-08-2022

China property firm apologises for vacancy rate report after public debate

BEIJING/HONG KONG (Reuters) -A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a "heated public discussion" with its report on rising housing vacancy rates in China, and said its assessment may not be sufficiently accurate.

newspaper

11-08-2022

European shares tick higher; Aegon leads gains among insurers

(Reuters) -European shares edged higher on Thursday after a strong rally in the previous session on signs of U.S. inflation cooling, while Aegon climbed after the Dutch insurer raised its full-year forecast.

newspaper

11-08-2022

China property firm apologises for high vacancy rate report

BEIJING/HONG KONG (Reuters) -A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a "heated public discussion" with its report on rising housing vacancy rates in China, and that its assessment may not be sufficiently accurate.

newspaper

11-08-2022

European shares open higher; Aegon leads gains among insurers

European shares opened higher on Thursday to extend gains from the previous session after data showed signs of U.S. inflation cooling, while Dutch insurer Aegon climbed after raising its full-year forecast.

newspaper

11-08-2022