Oil, commodities price shock could cost over 4% of global GDP, Trafigura says
By Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global economy the equivalent of at…
By Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global economy the equivalent of at…
By Valentina Za MILAN – European bank stocks have lost a fifth of their value over the past month amid the Ukraine crisis. Western sanctions against Russia following its invasion…
– Global mutual funds and exchange-traded funds with significant exposure to Russian equities and bonds have seen massive outflows and an erosion in their net assets over the past month,…
ISELIN, N.J., March 9, 2022 — RCG Global Services (“RCG” or “the Company”) is proud to announce the appointment of Patti Griffin to its Board of Directors. RCG is a global…
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to…
-Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding in Ukraine” is making the global energy crisis worse, according to prepared remarks delivered at an industry conference Tuesday. Nasser,…
By Marianna Parraga HOUSTON -OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to…
– S&P Global on Tuesday reaffirmed its sovereign rating for the United States at ‘AA+/A-1+’, the second highest rating by the agency even as the country battles inflationary pressures. The…
WASHINGTON, March 8, 2022 — Steward Partners Global Advisory, LLC, an employee-owned, full-service independent partnership associated with Raymond James Financial Services, Inc. (member FINRA/SIPC), welcomes its newest partner firm, Ramapo Wealth…
By Valentina Za MILAN – European bank stocks have lost a fifth of their value since Russia invaded Ukraine last month. Western sanctions against Moscow have upended the financial sector,…
– Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of Ukraine. Investors offloaded global equity…
By Tom Polansek CHICAGO – Carl Icahn is broadening a push to get McDonald’s Corp to improve suppliers’ treatment of pigs raised for bacon and sausage. The billionaire activist investor,…
By Howard Schneider WASHINGTON – Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure of ocean shipping costs declined,…
By Dmitry Zhdannikov and Julia Payne LONDON – Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at…
By Michelle Price and Sumeet Chatterjee WASHINGTON/HONG KONG – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with all Russian…
By Kate Abnett BRUSSELS – With this week’s U.N. climate science report laying bare the staggering economic costs and losses already faced from climate change, an inevitable question arises: who…
By Victoria Klesty OSLO – Russia’s invasion of Ukraine threatens global food supplies, Norwegian fertiliser maker Yara International said on Tuesday, adding that the international community needed to reduce its…
– Discovery Inc said on Monday it has selected veteran television producer Chris Licht as chairman and chief executive of CNN Global when Discovery completes its acquisition of WarnerMedia this…
By Marcy de Luna HOUSTON – A liquefied natural gas tanker that has been docked at Venture Global’s Calcasieu Pass export terminal in Louisiana since early February is nearly loaded,…
By Mark John – Western economic sanctions to punish Russia for its invasion of Ukraine heap a new set of unknowables on a global economy already distorted by the coronavirus…
LONDON – Russia’s invasion of Ukraine could cause a spate of credit rating downgrades S&P Global said on Friday, warning the global economy, and Europe especially, now faced a starkly…
NEW YORK – The prices of a major junk bond ETF fell on Thursday as investors pulled out of riskier assets amid a widespread selloff in global markets sparked by…
By John Geddie LONDON – Three in four people worldwide want single-use plastics to be banned as soon as possible, according to a poll released on Tuesday, as United Nations…
By Karin Strohecker LONDON – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign…
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a…