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General view of hotels, banks and office buildings by the Nile River after an interview about the COP27 summit in Cairo

About 90 heads of state confirmed for COP27 climate summit

About 90 heads of state have confirmed attendance at November's COP27 climate negotiations in Egypt where they will address issues including energy transition and food security at opening sessions, a senior Egyptian official said on Monday.
OPEC+ may be considering a production cut of one million barrels per day

OPEC+ tipped to make big cut in oil output

Major oil-producing nations led by Saudi Arabia and Russia are expected to make this week their biggest output cut since the start of the Covid pandemic in efforts to buttress prices.
Porsche IPO in Frankfurt

Porsche shares fall below IPO pricing

Shares in sports car brand Porsche fell below its listing price on Monday, the third day of trading since its $72 billion listing by parent company Volkswagen.
Snap election in Italy

Italy forecasts recession as Meloni seeks economy minister

Italy's economy probably shrank in the third quarter and will keep contracting until mid-2023, according to Treasury forecasts that will make grim reading for Giorgia Meloni, the rightist leader expected to be named prime minister this month.
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