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ExxonMobil Sues EU In A Move To Block Energy Windfall Tax

ExxonMobil Sues EU In A Move To Block Energy Windfall Tax

Energy giant ExxonMobil is suing the European Union to block new energy windfall tax on oil firms, reports said. The lawsuit was filed on Wednesday by its German and Dutch units at the European General Court in Luxembourg City, challenging the EU's legal authority to impose the new tax. The company argued that the European Commission, the EU's executive, exceeded its legal authority.
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CAC 40 Dips On Growth Concerns

CAC 40 Dips On Growth Concerns

French stocks were moving lower on Thursday, with a lack of information on China's COVID outbreak and fears of a global recession weighing on sentiment.
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Japanese Yen Climbs On China COVID Worries

Japanese Yen Climbs On China COVID Worries

The Japanese yen advanced against its major counterparts in the Asian session on Thursday amid rising risk aversion, as a surge in COVID cases in China dissipated optimism over the reopening of the economy.
RTTNews | 861 hari yang lalu
DAX Slips On China COVID Concerns

DAX Slips On China COVID Concerns

German stocks fell on Thursday as risks related to a new surge in COVID-19 cases returned to investors' radars.
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Asian Shares Decline On China Concerns

Asian Shares Decline On China Concerns

Asian stocks fell on Thursday amid concerns about the rapid spread of COVID infections in China and fears about the potential for new variants to emerge.
RTTNews | 861 hari yang lalu
European Economics News Preview: Eurozone Monetary Aggregates Data Due

European Economics News Preview: Eurozone Monetary Aggregates Data Due

Monetary aggregates data from the euro area is the only major statistical report due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's statistical office INE publishes retail sales data for November. Sales had increased 0.4 percent month-on-month in October.
RTTNews | 861 hari yang lalu
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European Shares Set For Soft Opening On China COVID Concerns

European Shares Set For Soft Opening On China COVID Concerns

European stocks look set to open on a tepid note Thursday as rising COVID cases in China following the easing of strict restrictions fueled concerns that countries might reinforce various curbs on travelers from the country.
RTTNews | 861 hari yang lalu
Asian Markets Mostly Lower

Asian Markets Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid ongoing concerns over the deteriorating health of the global economy and the possibility of higher interest rates leading to a recession. The post opening surge in Covid-19 cases in China is also dampening market sentiment. Asian Markets closed mostly lower on Wednesday.
RTTNews | 861 hari yang lalu
Thai Stock Market May Run Out Of Steam On Thursday

Thai Stock Market May Run Out Of Steam On Thursday

The Thai stock market has finished higher in six straight sessions, advancing more than 45 points or 2.8 percent along the way. The Stock Exchange of Thailand now rests just above the 1,645-point plateau although investors are likely to cash in on Thursday.
RTTNews | 861 hari yang lalu
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Thursday, extending the losses in the previous session, with the Nikkei 225 falling below the 26,000 mark, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by exporters, technology and financial stocks.
RTTNews | 861 hari yang lalu

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