European Union

Britain launches second probe into Google’s ad practices

Britain's competition regulator on Thursday launched its second probe into the advertising practices of Google, saying the Alphabet-owned (GOOGL.O) search giant could…

4 years ago

Exclusive: China quietly increases purchases of low-priced Russian oil

China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders…

4 years ago

Explainer: Disconnecting Russia’s banks: Sberbank faces SWIFT removal

The European Union aims to cut off Sberbank (SBER.MM), Russia's largest lender, from the SWIFT international payment system as Western allies…

4 years ago

Oil dips in volatile trade amid demand concerns, supply disruptions

Oil prices slipped in volatile trading on Tuesday as investors weighed demand concerns against tight global supplies after Libya halted…

4 years ago

OPEC tells EU it’s not possible to replace potential Russian oil supply loss

OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst…

4 years ago

Oil rises on OPEC warning and easing of Shanghai COVID curbs

Oil prices climbed on Tuesday as Shanghai's relaxation of some COVID-19 restrictions eased concerns about Chinese demand and as OPEC…

4 years ago

U.S. yields near 3-year high, euro stronger after French election

U.S. Treasury yields rose to multi-year highs on Monday, while the euro strengthened and the spread between French and German…

4 years ago

Exxon signals record quarterly profit from oil and gas prices

Exxon Mobil Corp (XOM.N) on Monday signaled first quarter production results could top a seven-year quarterly record, with operating profits from pumping…

4 years ago

Explainer: Russia wants gas payments in roubles. Will buyers make the switch?

President Vladimir Putin signed a decree on Thursday requiring foreign buyers to pay roubles for Russian gas from April 1…

4 years ago

Italy expects to sell Monte dei Paschi after restructuring

Rome expects to return Monte dei Paschi di Siena (BMPS.MI) into private hands only after the bailed-out lender completes restructuring steps it…

4 years ago