By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine. Brent crude futures fell $1.82, or 1.6%, to $110.85 a barrel by 6:47 p.m….
By Praveen Menon, Min Zhang and Fransiska Nangoy (Reuters) – Chinese tycoon Xiang Guangda has to find a way to bail his Tsingshan Holding Group out of a crisis after its bet on nickel prices backfired, fuelling more volatility in a metal essential for the electric vehicles industry. One of the world’s top nickel producers…
LVIV, Ukraine (Reuters) – Ukrainian President Volodymyr Zelenskiy on Sunday called on U.S. software firms Microsoft Corp and Oracle Corp and German business software group SAP to halt support services for their products in Russia. “Stop supporting your products in Russia, stop the war!,” he said on Twitter. (Reporting by Natalia Zinets; Writing by Alessandra…
By Stephanie Kelly NEW YORK (Reuters) -U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia’s invasion of Ukraine. Retail gasoline prices fell for the second straight day on Sunday to $4.325 per gallon, below a record of $4.331 hit on Friday, according to American Automobile…
ASHGABAT, Turkmenistan (AP) — There is an unexpected wait for the result of Turkmenistan’s presidential election that is widely expected to cement a political dynasty after authorities said Sunday they needed more time to count the votes. Serdar Berdymukhamedov, son of the incumbent Gurbanguly Berdymukhamedov, was the overwhelming favorite in Saturday’s early vote in the…
SUCEAVA, Romania (AP) — Elena Yurchuk saw families with children blown up and the hospital she worked in reduced to rubble during Russia’s invasion of Ukraine. “I don’t know if I have a home or not,” said the 44-year-old nurse from the northern Ukrainian town of Chernihiv. “Our city is under siege and we barely…
ISTANBUL (AP) — The leaders of Greece and Turkey held talks over lunch in Istanbul on Sunday in a rare meeting between the neighboring countries, which have been at odds over maritime and energy issues, the status of Aegean islands and migration. Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan discussed bilateral…
(Reuters) – Chinese e-commerce giant JD.com Inc on Sunday said that its subsidiary JD Logistics Inc has agreed to buy domestic courier Deppon Logistics Co Ltd. Under the deal, JD Logistics will acquire 99.99% equity stake in Deppon Holdco for a total consideration of about 9 billion yuan ($1.42 billion). Deppon Holdco owns a total…
MUMBAI (Reuters) – Indian police briefly detained Vijay Shekhar Sharma, the founder and CEO of the fintech firm Paytm in New Delhi in February for a minor road accident, local media said on Sunday. A case was registered against Sharma by the New Delhi police for “rashness and negligent driving” said Reuters TV partner ANI….
CAPE TOWN (Reuters) -South Africa’s civil aviation regulator grounded Comair’s planes indefinitely on Sunday, saying the airline had not adequately addressed safety issues, in a move that also affects passengers of low-cost airline Kulula and British Airways. A spokesperson for the South African Civil Aviation Authority (SACAA) said it had extended a 24-hour precautionary suspension…
