sanctions

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 years ago

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

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: Binance served crypto traders in Iran despite U.S. sanctions, clients say

The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite U.S. sanctions and a company…

3 years ago

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,…

4 years ago

EU Parliament’s top group suggests blacklisting Switzerland after Credit Suisse leaks

The main political grouping in the European Parliament called on Monday for a review of Switzerland's banking practices and for…

4 years ago