Oil prices rise amid G7 talks on new Russian sanctions

Crude oil storage tanks at Kinder Morgan Terminal in Sherwood Park, near Edmonton, Alberta, Canada, November 14, 2016. REUTERS/Chris Hellgren Register now to get free unlimited access to Reuters.com Register HOUSTON (Reuters) – Oil prices rose on Monday in a volatile session as investors awaited any moves against Russia’s oil and gas exports that might … Read more

G7 lifts sanctions on Russia, approaches oil price ceiling agreement

G7 announces new sanctions on Russia on Tuesday – US official G7 to work with other countries, the private sector on oil price ceiling Japan tries to lower zero-emission vehicle target from G7 statement Schloss Elmau, Germany, June 27 (Reuters) – The Group of Seven rich democracies will commit on Tuesday to a new, coordinated … Read more

Legal clashes await US companies that cover workers’ abortion costs

Abortion rights advocates protest before the US Supreme Court the day after the Supreme Court ruling in Dobbs v. Women’s Health Organization for Abortion, overturning the landmark Roe v. Wade abortion decision, in Washington, US, June 25, 2022. REUTERS/Elizabeth Frantz Register now to get free unlimited access to Reuters.com Register June 26 (Reuters) – A … Read more

Friday’s Russell rebalancing could increase volatility in a nervous stock market

A screen displays stock market information on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 18, 2022. REUTERS/Andrew Kelly Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Investors in the volatile US stock market brace for what could be one … Read more

Germany faces recession risk as Russia gas crisis deepens

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register More Europeans activate the first phase of gas crisis plans Rising gas prices add to policy makers’ inflation headaches … Read more

Europe may return to coal as Russia rejects gas flows

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register Germany may take ‘painful’ step to ignite coal power Italy and Austria are also looking to burn more coal … Read more

Swiss sudden rate hike worries markets; Holds the Bank of Japan

Pedestrians reflect in a window in front of a board showing stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now to get free unlimited access to Reuters.com Register The Swiss National Bank raises 50 basis points, the franc rises and the dollar falls Stock markets … Read more

Analysis: Market crash exposes Europe’s divisions

Defeat markets focus on Europe’s Achilles heel The European Central Bank’s attempt to restore confidence that has been curbed by high prices Ministers deadlocked over a ten-year plan to support banks LONDON (Reuters) – A sell-off in the markets brought back memories of the euro zone debt crisis more than a decade ago, highlighting the … Read more

Putin said on Friday that the sanctioned Kremlin is depriving Russia’s Davos of its elite

Flags bearing the emblem of the Saint Petersburg International Economic Forum (SPIEF) flutter near Saint Isaac’s Cathedral in Saint Petersburg, Russia June 14, 2022. REUTERS/Maxim Shemetov Register now to get free unlimited access to Reuters.com Register International Economic Forum June 15-18 in St. Petersburg There are no prominent Western figures in the “Russian Davos” because … Read more

In the “miracle” city of Shenzhen, concerns about China’s economic future

SHENZHEN, China, June 13 (Reuters) – (This story was rewritten on June 12 to make it clear where in the penultimate paragraph) David Fong made his way from a poor village in central China to the booming southern city of Shenzhen as a young man in 1997. Over the next twenty-five years, he worked for … Read more