By Noah Browning, Simon Jessop and Balazs Koranyi LONDON – The possibility that the United States might ban Russian oil imports has triggered a surge in Brent crude to almost …
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SHANGHAI – Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world’s second largest economy. The company has …
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BEIJING -U.S. electric vehicle maker Tesla Inc sold 56,515 China-made vehicles in February, including 33,315 for export, the China Passenger Car Association (CPCA) said on Tuesday. Tesla, which has made …
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A look at the day ahead in markets from Sujata Rao All problems pale when compared with the tragedy of Ukrainians fleeing bombed-out cities. Others are seeing damage of a …
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By Scott Murdoch and Liz Lee SYDNEY/KUALA LUMPUR – Malaysia’s Top Glove Corp Bhd has postponed a plan to raise $347 million in a Hong Kong listing due to elevated …
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LONDON – Ukrainian President Volodymyr Zelenskiy will address British lawmakers via videolink in the House of Commons on Tuesday, the first time a president of another country has addressed the …
- Financial News
Analysis: Ukraine crisis could boost ballooning fossil fuel subsidies
by Reutersby ReutersBy Noah Browning and Stephanie Kelly LONDON – Sky-high oil prices resulting from a potential Russian oil import ban could force governments to pour more cash into fossil fuel subsidies …
- Financial News
Citi plans 900 hires for commercial banking unit over three years
by Reutersby Reuters– Citigroup Inc’s commercial banking unit will hire 900 staff over the next three years, a large part of which will be for the U.S. bank’s Asia Pacific business, as …
- Financial News
Activist fund Oasis to sponsor female director training in Japan
by Reutersby ReutersTOKYO – Activist fund Oasis Management Co unveiled a month-long initiative on Tuesday to sponsor board-director training courses in Japan for qualified women, as many Japanese companies struggle to find …
- Financial News
How sanctions against Russia are battering the global aviation industry
by Reutersby ReutersBy Jamie Freed – Russia’s size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are …
- Financial News
Airbus strikes deal with Australia’s Fortescue as airlines seek hydrogen boost
by Reutersby ReutersPARIS – European planemaker Airbus chose the Australian miner Fortescue Metals Group Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future Industries (FFI) said in a …
- Conservative TimesFeatured NewsPoliticsUS and World News
ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts
ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts Thomas Catenacci on March 7, 2022 The White House has repeatedly suggested the private sector can …
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By Liz Hampton and Arathy Somasekhar HOUSTON – Officials from the Organization of the Petroleum Exporting Countries (OPEC) met U.S. shale oil company executives on the sidelines of the CERAWeek …
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– Estee Lauder Companies Inc said on Monday it had decided to suspend all commercial activities in Russia, including closing all its stores in the country. The company will also …
- Financial News
Japan unveils new sanctions on Russians, bans refinery equipment exports
by Reutersby ReutersTOKYO – Japan has frozen the assets of an additional 32 Russian and Belarusian officials and oligarchs following the invasion of Ukraine, the Ministry of Finance announced on Tuesday. The …
- Financial News
Australian refiners cease purchase of Russian crude oil, voice support for Ukraine
by Reutersby Reuters– Australian refiner Viva Energy said on Tuesday it would stop buying Russian crude oil, joining a growing number of companies to sever trade ties with the country over its …
- Financial News
Japan logs biggest current account deficit since 2014 as oil import costs surge
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO – Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment …
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LONDON -Fitch became the second major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside the country would provide its …
- Financial News
Japan bank lending growth slows to decade-low as pandemic-induced strain eases
by Reutersby ReutersBy Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a …
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By David Shepardson WASHINGTON – More than 80 environmental groups and other organizations on Monday urged California Governor Gavin Newsom to impose tougher rules promoting electric vehicles even as the …
- Financial News
Kohl’s says it engaged with over 20 parties regarding strategic alternatives
by Reutersby ReutersBOSTON – Department store operator Kohl’s Corp, which rejected two separate takeover bids earlier this year, said on Monday that it had contact with more than 20 parties and signed …
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By David Shepardson WASHINGTON -The U.S. Transportation Department’s Office of Inspector General said on Monday it will review progress by regulators in establishing the basis for certifying lower-altitude aircraft known …
- Department of Justice Press Releases
Portland Area Identity Thief and Drug Trafficker Sentenced to Federal Prison
by DOJ Pressby DOJ PressPORTLAND, Ore.—A Gresham, Oregon man was sentenced to federal prison today for stealing financial and identification documents from more than 100 people in and around Portland. Robert Loren Finanders, 41, …
- Financial News
Wall St slides as oil prices surge, Nasdaq confirms bear market
by Reutersby ReutersBy Lewis Krauskopf, Devik Jain and Sabahatjahan Contractor – Wall Street’s main indexes fell sharply on Monday, with the Nasdaq Composite confirming it was in a bear market, as the …
- Financial News
GM ramps up EV push with plans to make battery materials in Canada
by Reutersby ReutersBy Steve Scherer and Aishwarya Nair -General Motors Co and South Korea’s POSCO Chemical will build a $400 million facility to produce battery materials in Canada as the carmaker ramps …