Oil Plunges Over 6% On Easing Supply Concerns, China COVID Cases
By Stephanie Kelly NEW YORK (Reuters) -Oil prices tumbled more than 6% to their lowest in almost three weeks on…
March 2022
EU imposes sanctions on Chelsea owner Roman Abramovich
BRUSSELS (AP) — The European Union imposed sanctions Tuesday on Chelsea soccer club owner Roman Abramovich as part of a…
EU regulators clear Amazon’s $8.45 billion purchase of MGM
LONDON (AP) — European regulators on Tuesday cleared Amazon’s purchase of Hollywood studio MGM, saying the deal doesn’t raise any…
In Argentina, An Inflation Hotbed, Ukraine War Drives Prices Higher
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina, already battling annual inflation running at over 50%, is braced for prices…
Global Carmakers Raided By EU And UK Antitrust Regulators
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators on Tuesday raided several automotive companies and associations in several countries…
Automotive Sector Back In EU’s Antitrust Crosshairs
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators on Tuesday raided several automotive companies and associations in several countries…
Intel Spreads Chip Investment Across Six EU Countries In Race To Boost Supplies
By Supantha Mukherjee, Foo Yun Chee and Jane Lanhee Lee STOCKHOLM/BRUSSELS/SAN FRANCISCO (Reuters) – Intel has picked Germany as the…
Ukraine War Throws VW Outlook Into Question, CEO Warns
By Victoria Waldersee and Miranda Murray BERLIN (Reuters) -A lack of wiring harnesses from Ukraine has overtaken a shortage of…
Intel unveils $88B chipmaking expansion plan for Europe
LONDON (AP) — U.S. chipmaker Intel unveiled plans on Tuesday to invest up to 80 billion euros ($88 billion) across…
Toronto Index Falls As Sliding Commodities Weigh On Energy, Material Stocks
By Bansari Mayur Kamdar (Reuters) – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness…