COVID-19 vaccine sales push Moderna to $12B profit in 2021
COVID-19 vaccine sales jumped 44% for Moderna in the final quarter of 2021, and the drugmaker expects demand for booster…
February 2022
US slightly revises up its GDP estimate for Q4 to 7%
WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December,…
Russia Invasion: $100 Oil and FANG Investment
Russia has invaded the Ukraine. Geopolitical chaos is driving oil toward $100 a barrel. Investors have flocked into energy plays…
Exclusive-Major Buyers Of Russian Oil Struggle With Bank Guarantees -sources
By Dmitry Zhdannikov LONDON (Reuters) – At least three major buyers of Russian oil have been unable to open letters…
Alibaba Reports Slowest Quarterly Revenue Growth, Misses Expectations
(Reuters) -China’s Alibaba Group Holding Ltd on Thursday reported its slowest-ever increase in quarterly revenue since going public in 2014,…
Explainer-Europe Braces For Economic Hit From Ukraine Conflict
By Mark John (Reuters) – Russia’s invasion of Ukraine and how the world reacts could have wide-ranging repercussions for the…
Ukraine, Neighbours Close Airspace To Civilian Flights As Conflict Flares
By Jamie Freed and Tim Hepher (Reuters) -Ukraine closed its airspace to civilian flights on Thursday after Russia launched a…
Carlsberg Shuts Ukrainian Brewery In Lviv After Gas Supply Cut
COPENHAGEN (Reuters) – Carlsberg has shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery…
Russia-Ukraine conflict raises big risks for global economy
WASHINGTON (AP) — Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and…
Oil Rises Above $100 After Russia Attacks Ukraine
By Bozorgmehr Sharafedin LONDON (Reuters) – Oil prices jumped on Thursday, with Brent rising above $100 a barrel for the…