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Israel arrests four Palestinian fishermen off Gaza coast

GAZA (Reuters) - Israel arrested four Palestinian fishermen off the Mediterranean coast of Gaza on Saturday, Palestinian and Israeli sources said. The Israeli military said...

Air Canada sees travel demand in Asia rebound by end of 2023 executive says

TOKYO (Reuters) - Air Canada is expecting a demand for flights between Canada and the Asia-Pacific to recover to a near pre-pandemic level by...

EU Commissioner aims to present stability pact reform after summer

TRENTO, Italy (Reuters) - EU Economic Commissioner Paolo Gentiloni aims to present a reform of the eurozone stability pact after the summer, adding the...

Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring

SAN FRANCISCO (Reuters) - Tesla (NASDAQ:TSLA) chief executive Elon Musk said he had a "super bad feeling" about the economy and that the electric...

Biden says ‘Enough!’ on gun violence, demands action from Congress

By Steve Holland and Jeff Mason WASHINGTON (Reuters) -Declaring "Enough, enough!" U.S. President Joe Biden on Thursday called on Congress to ban assault weapons, expand...

Dow Futures Rise After Snapping 2-day Losing Streak

U.S. stock futures lifted during Thursday’s evening deals, after major benchmark indices finished the regular session higher in choppy trade as investors remain wary...

U.S. NHC says Potential Tropical Cyclone One to become storm by late Friday

(Reuters) - Potential Tropical Cyclone One is expected to become a tropical depression on Friday and a tropical storm later in the day or...

What is windfall tax on oil companies?

Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?

OPEC+ to stick to oil rise plan despite EU sanctions -sources

DUBAI/LONDON, June 1 (Reuters) - OPEC+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets,...

Ukraine war, pandemic set to speed Europe’s green energy transition, report finds

BRUSSELS, June 2 (Reuters) - Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel...

Tight Asia capacity limits room for new LNG ships – Korea Shipbuilding exec

By Joyce Lee and Florence Tan SEOUL (Reuters) - Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2...

Oil Down, Investors Await OPEC+ Meeting

Oil was down on Thursday morning in Asia, falling by around $3 a barrel in early Asian trading. Investors cashed in on a recent...

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