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GLOBAL ECONOMY US recession fears darken outlook for global growth

GLOBAL ECONOMY US recession fears darken outlook for global growth

WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, …

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Cheniere Energy authorizes expansion at Texas LNG export plant

Cheniere Energy authorizes expansion at Texas LNG export plant

A sign of US LNG company Cheniere is seen at the registration counter at the International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, China April 1, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – Top US liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) …

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Umicore plan to double down on battery business knocks almost  bln off market cap

Umicore plan to double down on battery business knocks almost $1 bln off market cap

A car is plugged in at a charging point for electric vehicles in London, Britain, March 6, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register Umicore plans to invest 5 bln euros in batteries by 2026 Shares tumble 10%, wiping nearly $1 bln from market cap Suppliers of electric vehicle batteries …

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Harbor Energy CEO warns of lower UK investment due to windfall tax

Harbor Energy CEO warns of lower UK investment due to windfall tax

LONDON, June 21 (Reuters) – The North Sea’s largest oil and gas producer, Harbor Energy (HBR.L), has told the British government that Britain’s planned windfall tax on the energy sector will shrink the company’s investment in the country. With oil and gas prices soaring and households feeling the hit from higher prices across the board, …

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Banks, energy stocks fuel rebound in European shares

Banks, energy stocks fuel rebound in European shares

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Construction & materials among worst hit sectors ECB’s Lagarde reaffirms rate hike plans Renault jumps after Jefferies upgrade June 20 (Reuters) – European stocks rose strongly …

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