Russia is resuming supplies of gas via a major pipeline to Europe on Thursday, the pipeline operator said, amid concerns Moscow would use its vast energy exports to push back against Western pressure over its invasion of Ukraine. Read More
BEIJING — Copper prices fell on Thursday on worries over a weakening demand outlook after bleak U.S. housing data pointed towards an economic slowdown. Read More
The Bank of Japan raised its inflation forecast on Thursday, but maintained ultra-low interest rates and warned of risks to the economic outlook in a sign it will remain an outlier among a global wave of central banks tightening monetary policy. Read More
LONDON — Debt-laden Italy finds itself in markets’ crosshairs again, as a collapse in its national unity government coincides with the European Central Bank preparing to deliver its first interest rate rise in 11 years. Read More
MELBOURNE — Shell Plc has told workers at its Prelude floating liquefied natural gas (FLNG) facility it will stop paying them as of Monday if they are not on site, a Shell spokesperson said on Wednesday. Read More
LONDON — Porsche may have to go public at a steep discount if it insists on going ahead as economic obstacles mount, two people involved in the landmark multi-billion-euro listing said. Read More
KYIV — Ukraine intends to postpone repayment of its Eurobonds and payments of interest on them for 24 months from Aug. 1, according to a government resolution published on Wednesday. Read More
UK’s top share index slipped on Tuesday as stronger-than-expected jobs data supported the case for a big interest rate hike by the Bank of England next month, while Made.com plunged after the online furniture retailer slashed its forecast. Read More