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China’s oil imports from Russia in May soar 55% to a record high and overtake Saudi supply

  • Post published:June 20, 2022
  • Post category:Economy
  • Reading time:8 mins read

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly SongJoin now for FREE unlimited access to Reuters.comRegisterRussia overtakes Saudi…

Continue ReadingChina’s oil imports from Russia in May soar 55% to a record high and overtake Saudi supply

Exclusive: Russian coal purchases from India increase despite sanctions

  • Post published:June 19, 2022
  • Post category:Business
  • Reading time:9 mins read

A worker unloads coal from a freight train at a rail yard in the northern Indian city of Chandigarh July 8, 2014. REUTERS/Ajay Verma/FilesJoin now for FREE unlimited access to…

Continue ReadingExclusive: Russian coal purchases from India increase despite sanctions

Russian gas to Europe in short supply as heatwave boosts demand

  • Post published:June 18, 2022
  • Post category:Business
  • Reading time:11 mins read

FILE PHOTO - Pipes from the landing facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal HanschkeJoin now for FREE unlimited access…

Continue ReadingRussian gas to Europe in short supply as heatwave boosts demand

Hackers Crash the Internet as ‘Russian Davos’ Adapts to New Reality

  • Post published:June 17, 2022
  • Post category:Technology
  • Reading time:10 mins read

Russian companies make a splash but Western companies missDeputy PM talks about 'painful' move to own techEnergy giant seeks public funds amid high gas pricesJune 17 (Reuters) - Hackers delayed…

Continue ReadingHackers Crash the Internet as ‘Russian Davos’ Adapts to New Reality

Russian gas flows to Europe plummet, hampering attempts to restock stores

  • Post published:June 16, 2022
  • Post category:Business
  • Reading time:11 mins read

A train passes oil tanks at the NNK-Primornefteproduct oil depot in the Far Eastern port of Vladivostok, Russia June 11, 2022. REUTERS/Tatiana MeelJoin now for FREE unlimited access to Reuters.comRegisterNord…

Continue ReadingRussian gas flows to Europe plummet, hampering attempts to restock stores

IKEA puts Russian factories up for sale, plans job cuts

  • Post published:June 16, 2022
  • Post category:Business
  • Reading time:8 mins read

Stores in Russia will remain closedWill seek to sell factoriesAims to reduce the workforce by 15,000 peopleIngka's 14 "MEGA" shopping centers in Russia will remain openSTOCKHOLM, June 15 (Reuters) -…

Continue ReadingIKEA puts Russian factories up for sale, plans job cuts

Analysis: Market crash exposes Europe’s divisions

  • Post published:June 16, 2022
  • Post category:Market
  • Reading time:11 mins read

Market rout highlights Europe's Achilles heelECB tries to restore confidence dampened by soaring pricesMinisters are deadlocked over a decade-old plan to support banksLONDON, June 16 (Reuters) - A market sell-off…

Continue ReadingAnalysis: Market crash exposes Europe’s divisions

Tasty name but no Big Mac as rebranded McDonald’s restaurants open in Russia

  • Post published:June 12, 2022
  • Post category:Business
  • Reading time:9 mins read

June 12 (Reuters) - It might look and smell like McDonald's, but now it's Vkusno & tochka. The golden arches are gone, the fish fillet is just a fish burger.…

Continue ReadingTasty name but no Big Mac as rebranded McDonald’s restaurants open in Russia

Russia lowers its key rate to 9.5% before the crisis

  • Post published:June 12, 2022
  • Post category:Economy
  • Reading time:8 mins read

The central bank lowers its key rate by 150 basis pointsSays inflation is lower than expectedGovernor notes sanctions risksRussia must avoid stagflationNext pricing meeting scheduled for July 22June 10 (Reuters)…

Continue ReadingRussia lowers its key rate to 9.5% before the crisis

No respite from Fed rate hikes this year, odds to rise four 50bps in a row – Reuters poll

  • Post published:June 10, 2022
  • Post category:Economy
  • Reading time:9 mins read

The Federal Reserve Building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua RobertsJoin now for FREE unlimited access to Reuters.comRegisterBENGALURU, June 10 (Reuters) - The U.S. Federal Reserve will…

Continue ReadingNo respite from Fed rate hikes this year, odds to rise four 50bps in a row – Reuters poll
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