invasion

UAE says OPEC+ output cut was correct decision, no politics behind it

The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the…

3 years ago

Analysis: Russian law on stock conversion baffles global banks, clients

Global investors and banks have been voicing confusion about their efforts to convert depositary receipts of Russian companies into ordinary…

3 years ago

Samsung quarterly profit set to slump 25%, first decline in nearly three years

Samsung Electronics Co Ltd's (005930.KS) third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn…

3 years ago

Ericsson says no hardware exported to Russia, only software support

Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications…

3 years ago

Oil falls more than 1.5% on demand fears and strong dollar

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength…

3 years ago

Oil prices rise as supply uncertainty mounts

Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments…

3 years ago

Morning Bid: The 75bp club

Most of world's major central banks are now going up a gear with historically sweeping interest rate rises to cool…

3 years ago

Exclusive: Shell’s CEO van Beurden prepares to step down next year -sources

Shell (SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after…

3 years ago

Oil rises on prospect of OPEC+ supply cut

Oil rose on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset…

3 years ago

Ukraine economy could grow by 15.5% in 2023 after deep fall – minister

Ukraine's economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military…

3 years ago