Financial News

MUNICH – All options are on the table regarding sanctions on Russia in the event it attacks Ukraine, including the Nord Stream 2 pipeline intended to bring Russian gas to …

PARIS -French media company Vivendi, in which billionaire Vincent Bollore has the biggest individual stake, is considering raising its cash offer for Paris Match magazine owner Lagardere, as Vivendi progresses …

By Nora Buli OSLO – European gas storage levels have fallen less than feared after a mild winter and unprecedented deliveries of liquefied natural gas (LNG), but refilling will be …

– Pandemic restrictions in 2020 reduced the European Union’s oil and petroleum consumption in energy use to its lowest in 30 years, the bloc’s statistics office said on Friday. Eurostat …

By Kate Abnett BRUSSELS – The European Union is considering making more information available on trading in its carbon market, according to a draft document, amid calls from some governments …

By Alex Lawler LONDON – OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources close …

By Sudarshan Varadhan NEW DELHI – A global supply crunch of electrolysers needed to produce green hydrogen and a lack of domestic manufacturers to make them pose a major challenge …

By Elias Biryabarema KAMPALA – Uganda on Friday blamed its withdrawal from an International Coffee Organisation (ICO) agreement this month on what it said are unfair tariffs and other barriers …

By Jonathan Saul LONDON – UK-based maritime company Fleetscape is investigating the possible transfer of Iranian oil to a tanker it finances, the Oaktree Capital Management-backed firm said after allegations …

By Tina Bellon, Hyunjoo Jin and David Shepardson – Tesla Inc’s ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but that …

By Kate Abnett BRUSSELS – The European Union wants to require countries to fill natural gas storage ahead of each winter, to help bolster stocks and cope with supply disruptions, …

-Spaceship company Virgin Galactic Holdings Inc said on Friday that venture investor Chamath Palihapitiya would step down from his roles as chairman and board member to focus on other corporate …

MOSCOW – Escalating tensions between Moscow and Western countries over Ukraine and the possibility of sanctions against Russia have fuelled fears supplies of key commodities produced and exported by Russian …

MILAN -Non-binding offers for a non-performing loan (NPL) portfolio worth around 5 billion euros ($5.7 billion) put on the block by Greece’s bad bank liquidator PQH are due next week, …

By Sudarshan Varadhan NEW DELHI – (This February 17 story corrects first line to say five million tonnes per annum, not cumulative) India plans to manufacture five million tonnes of …

By Aradhana Aravindan and Chen Lin SINGAPORE -Singapore will begin implementing a long-flagged increase to its goods and services tax next year, its finance minister said in his budget speech …

BERLIN -The German government stands by the goal of implementing a global corporate tax reform drafted last year as scheduled on Jan. 1, 2023, Finance Minister Christian Lindner said during …

By John Geddie, Valerie Volcovici and Joe Brock – United Nations member states are set to meet this month in Nairobi to draft the blueprint for a global plastics treaty, …

– More than 100 United Nations member states will convene this month to draw up a blueprint for the first-ever global agreement to tackle plastic pollution. The U.N. says it …

MOSCOW – Russia’s second-largest oil producer Lukoil has closed a deal to buy a 9.99% stake in Azerbaijan’s Shah Deniz natural gas project from Malaysian oil and gas company Petronas …

By Mike Dolan LONDON -Inflation is raging, interest rates are rising and bonds look like treacherous investment waters – all of which make arguments for a dip back into the …

By David Milliken LONDON – British shoppers began to return to stores last month after many stayed away during a wave of COVID-19 cases that peaked at the turn of …

– Japan’s domestic investors are selling foreign equities and bonds aggressively this year, on concerns over monetary tightening by the world’s major central banks and its impact across global equity …

BEIJING -Sales of new energy vehicles (NEVs) in China fell 18.6% month-on-month in January after the country cut subsidies for NEVs by 30%, industry data showed on Friday. Sales of …

By Iain Withers LONDON -British bank NatWest swung to a hefty profit on the back of the country’s economic recovery but said rising prices will make it harder to cut …