ECB should raise rates at steady pace, chief economist says
The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking cycle, partly to maintain room to correct
Category: Business
Russian rouble firms towards 60 vs dollar, stocks up
The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost demand for the Russian currency, while
Russia’s inflation will be 12-13% in 2022, Kremlin aide says
Russia’s First Deputy Prime Minister Andrei Belousov said inflation will come in at 12-13% in 2022, below earlier expectations, as the economy looks set to
India’s Reliance unveils $9.4 bln plan to boost oil to chemicals
Reliance Industries Ltd (RELI.NS), operator of the world’s biggest refining complex, will invest 750 billion rupees ($9.38 billion) over 5 years to expand its oil
Finnair partners with Qatar Airways in search of new routes
Finnair (FIA1S.HE) will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals to the Qatari capital Doha, the Finnish
China’s Sinopec starts first carbon capture, storage facility, plans another two by 2025
China’s Sinopec Corp said on Monday it has put into operation the country’s largest carbon capture, utilisation and storage (CCUS) facility in east China, and
How industry is depending on carbon capture technology for climate goals
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara’s (YAR.OL) Dutch operation from 2025