russia

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

Exclusive: PepsiCo ends Pepsi, 7UP production in Russia months after promising halt over Ukraine

PepsiCo Inc (PEP.O) has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the U.S. company said it…

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

Analysis: Europe’s banks dim lights as they brace for winter blackout

Some of Europe's biggest banks are preparing back-up generators and to dim the lights as they brace for potential power…

3 years ago

Putin says wants to restrict destinations for Ukraine’s grain exports

Russian President Vladimir Putin on Wednesday warned of a looming global food crisis and said he would discuss amending a…

3 years ago

EU gas price rockets higher after Russia halts Nord Stream flows

European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply…

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