KAMPALA (Reuters) - Uganda's government plans to cut spending by just over a fifth and domestic borrowing by just over a half in the 2025/26 (July-June) fiscal year, the finance ministry said on Friday. Uganda's rising public debt load…
By Arathy Somasekhar HOUSTON (Reuters) - Rising oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance of the Cushing, Oklahoma, storage hub. Since…
With the US presidential elections just a few weeks away, we take a look at the economic and social program of the Democratic candidate for the White House.
Following the interest rate cut announced by the Federal Reserve last Wednesday,…
(Reuters) - Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. futures fell 57 cents, or 0.8%, to…
By Jonathan Stempel (Reuters) - A Connecticut oil and gas trader was convicted on Thursday over a nearly eight-year scheme to bribe officials at Brazil's state-owned oil company Petrobras so two Connecticut trading companies could win…
Markets are highly confident that the will announce another cut in interest rates at the next policy meeting on Nov. 7, two days after the election. The uncertainty is whether the cut will be 25 or 50 basis points.
Fed funds futures…
I am grateful for the educational opportunities this university has afforded my family over the years, including my uncle Samuel DuBois Cook who received his M.A. and Ph.D.…
By Georgina McCartney HOUSTON (Reuters) - A Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is designed to expand power grid infrastructure in the United States' largest oilfield to accommodate…
A social media post showing a woman and her two distressed children being ejected from the Disneyland Resort by a cadre of Anaheim police and park representatives went viral this week, drawing more than 400,000 views.But authorities on…
Getty ImagesSir Keir Starmer will meet the European Commission president in BrusselsSir Keir Starmer will head to Brussels for the first time as prime minister next week to meet European Commission President Ursula von der Leyen.The!-->!-->…