Oil Slumps $10/bbl As Recession Fears Darken Demand Outlook
By Laila Kearney NEW YORK (Reuters) -Oil plummeted by about $10 a barrel on Tuesday on concerns of a looming…
2022
US seeks focus on ‘urgent’ needs of Ukraine at Swiss meeting
LUGANO, Switzerland (AP) — A top U.S. diplomat on Tuesday urged allies of Ukraine to help the war-battered country meet…
Bank of England: Crypto crashes show need for tougher rules
LONDON (AP) — The Bank of England warned Tuesday that recent cryptocurrency meltdowns that wiped out more then $2 trillion…
Russia’s Potanin Weighs $60 Billion Metals Merger As Defence Against Sanctions
(Reuters) -Russian businessman Vladimir Potanin has said he is ready to discuss a possible merger between his mining group Nornickel…
Wall Street Pushes Up Exxon Forecasts As Refining Margins Soar
HOUSTON (Reuters) – Wall Street analysts sharply increased their Exxon Mobil’s second quarter profit estimates after a securities filing showed…
Spain boosts military spending to close gap with NATO goal
BARCELONA, Spain (AP) — Spain is increasing military spending as it works toward meeting a NATO commitment by dedicating 2%…
Uber Continues Global Expansion With Launch In Israel
JERUSALEM (Reuters) – Uber Technologies Inc said it was launching its ride-hailing and platform in Israel by connecting to a…
Alleged Chinese police database hack leaks data of 1 billion
HONG KONG (AP) — Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai…
Consumer Belt Tightening Hobbles Demand For Solder Metal Tin
By Pratima Desai LONDON (Reuters) – Recession worries and consumer belt tightening have hit demand for electronic goods, which is…
Bank Of England Tells Lenders To Brace For Economic Storm
By Andy Bruce and Huw Jones LONDON (Reuters) -The Bank of England warned on Tuesday that the economic prospects for…