EXCLUSIVE Petrobras and EIG near deal for Bolivia-Brazil gas pipeline -sources
State-run Brazilian oil company Petrobras is close to reaching an agreement to sell to U.S. private equity firm EIG Energy Partners control of a natural gas pipeline that connects Bolivia and southern Brazil, three people with knowledge of the matter told Reuters.
Allianz, Swiss Re join other financial firms in turning from Russia
Allianz (ALVG.DE) and Swiss Re (SRENH.S) said on Monday they were cutting back on Russian business as European financial institutions turn their backs on Russia.
Barclays suspends sales of two products linked to oil, volatility
British bank Barclays (BARC.L) said on Monday it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion – one linked to crude oil and another to a gauge of market volatility – due to capacity constraints, in a move that some investors said could spur big price swings in the products.
Investors in India’s Paytm have no access to payments bank data, CEO says
Investors in India’s Paytm (PAYT.NS) do not have access to customer data of its payments bank, CEO Vijay Shekhar Sharma told Reuters in an interview on Monday, seeking to allay concerns over reports of user data being leaked to Chinese firms.
Analysis: Investors see risks spiking, fear market-wide liquidity crunch
Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets.
eCom helps in achieving the UK and Scottish Governments’ Energy Strategy aims
Helping people re-focus their energy-related industry skills – along with up-skilling and re-skilling for the energy industry – are key ways in which the digital learning and assessment specialist, eCom Learning Solutions is contributing to achieve the aims of the UK’s and the Scottish Government’s Energy Strategies. A member of both Offshore Energies UK (OEUK), […]
EU approves new round of Russia sanctions targeting energy, steel, defence sectors
The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which include bans on investments in the Russian energy sector, luxury goods exports and imports of steel products from Russia.
Climate Risk & Stress Testing Conference, 28-30 of March | London, UK
This premier marcus evans event will address how to learn from and improve climate stress testing, manage climate risk, handle regulatory disclosures, and account for broader ESG risks. With increasing regulatory pressure from UK and European Financial watchdogs and Central Banks, financial institutions such as banking institutions and insurance firms are expected to account for […]
Interest rates are likely to be raised by the Federal Reserve
The crisis in Russia-Ukraine continues to dominate the market. Investors may have to be satisfied with the Federal Reserve’s first interest rate increase since the pandemic. The Fed’s fund rate will be raised, according to the report that’s been released. It could go up by a quarter percentage point from where it is now. The […]
McDonald’s, Coca-Cola, Pepsi, and Starbucks have all halted their operations in Russia
The conflict between Russia and Ukraine has been a cause of tension for the global economy. Russia has always been a major exporter of natural gas, oil, and coal. The majority of Europe’s energy comes from its eastern neighbor. However, following Russia’s invasion of Ukraine, big international food and beverage companies are pulling out. Mc […]
