Factbox: What happens if Russia turns off gas flows to Germany?
Russia’s demand that some buyers pay for its gas in roubles has raised concerns in Germany, which relies on Russian fuel, that the payment dispute could escalate and disrupt supplies.
EU’s Vestager says no antitrust concerns yet about cloud computing
Cloud computing, in which Amazon (AMZN.O) and Microsoft (MSFT.O) are the biggest players followed by Alphabet’s (GOOGL.O) Google, doesn’t pose competition concerns yet because of Europe’s Gaia-X initiative, EU antitrust chief Margrethe Vestager said on Monday.
EXCLUSIVE ECB ready to set up money exchange for Ukrainian refugees with EU guarantee
The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency into euros if the EU gives the ECB a guarantee that would cover the bank’s risk, an ECB document showed.
Oil prices rise on tight supplies, stable demand
Oil prices rose on Tuesday, recovering some of the previous session’s losses as Kazakhstan’s supplies continued to be disrupted and major producers showed no sign of being in a hurry to boost output significantly.
Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos.
UAE, Saudi say OPEC+ should not play politics
The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers’ group should not engage in politics as pressure mounted on them to take action against Russia over its invasion of Ukraine.
Barclays shares fall after top investor offloads $1.2 bln stake
Shares in Barclays (BARC.L) fell as much as 6% in early trading on Tuesday, after one of its top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight.
EXCLUSIVE SpaceX ending production of flagship crew capsule
SpaceX has ended production of new Crew Dragon astronaut capsules, a company executive told Reuters, as Elon Musk’s space transportation company heaps resources on its next-generation spaceship program.
World Bank approves $830 mln in loans to Colombia
Colombia will receive two loans totalling $830 million from the World Bank to fund COVID-19 pandemic recovery and education efforts, the country’s government and the bank said on Thursday.
Mining firm backed by Bezos and Gates to begin Greenland drilling
Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles.
