By Noah Browning LONDON (Reuters) -Oil prices fell on Monday as concerns over weak economic growth in China, the world’s top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude. Brent crude futures fell $2.70, or 2.5%, to $104.44 a barrel at 1111 GMT, while U.S. West…
WARSAW, Poland (AP) — A top-level U.S. congressional delegation led by House Speaker Nancy Pelosi was in Warsaw on Monday to express gratitude to Poland for their humanitarian and other support for Ukraine. Pelosi and a half dozen U.S. lawmakers met with President Andrzej Duda and Polish lawmakers in Warsaw. The visit followed a weekend…
A federal labor board on Monday will count ballots cast by warehouse workers in a second Amazon union election on Staten Island. The National Labor Relations Board is overseeing the election and expects to finish tallying the votes by Monday evening. A separate election held last month gave a nascent group of organizers known as…
COPENHAGEN, Denmark (AP) — Denmark announced a Cabinet reshuffle on Monday after Justice Minister Nick Haekkerup resigned to become the new head of the Danish Brewers’ Association. Prime Minister Mette Frederiksen, of the Social Democrats, chose Integration Minister Mattias Tesfaye as the new justice minister to replace Haekkerup. Housing Minister Kaare Dybvad Bek became the…
PARIS (AP) — France’s Greens and the party of far-left leader Jean-Luc Mélenchon reached an agreement Monday to join forces against newly reelected President Emmanuel Macron ahead of next month’s parliamentary election. Both parties agreed not to compete against each other in the two rounds of voting on June 12 and 19. Mélenchon leads the…
BRUSSELS (AP) — The European Union stepped up its antitrust case against Apple on Monday, accusing the company of abusing its dominant position by limiting access to technologies allowing contactless payment. The 27-nation bloc’s executive arm, the European Commission, has been investigating Apple since 2020. The commission’s preliminary view is that the firm is restricting…
(Reuters) -Goldman Sachs Group Inc reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a regulatory filing on Monday. The bank said market exposure tied to Russia and total exposure to Ukraine were not material. In March, Goldman Sachs became…
By Stine Jacobsen and Nikolaj Skydsgaard COPENHAGEN (Reuters) – European stocks suddenly fell on Monday before partly recovering in what brokers described as a “flash crash” or an erroneous trade on a day where a holiday thinned trading activity. The Stockholm benchmark stock index was amongst the hardest hit and after falling by 8% at…
By Alexander Cornwell DUBAI (Reuters) – Deliveroo has suspended plans that would cut rider earnings in the United Arab Emirates after a rare strike by foreign delivery workers in the Gulf Arab state over working conditions disrupted services on Sunday. In an email to restaurants on Monday, seen by Reuters, Deliveroo said it was pausing…
By Sonali Paul MELBOURNE (Reuters) -Mike Cannon-Brookes, a tech billionaire and climate activist, said he has gained an 11.28% interest in Australia’s AGL Energy, a move that follows the company’s rejection of a $3.8 billion takeover offer he made with Brookfield Asset Management. The off-market purchase by Cannon-Brookes’ Grok Ventures is aimed at blocking a…
