By Nora Buli and Nina Chestney OSLO/LONDON (Reuters) – Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders urged further sanctions against Moscow amid allegations of war crimes in Ukraine. Physical gas flows through the Yamal-Europe pipeline, at Germany’s Mallnow border point see-sawed…
NEW YORK (AP) — Small businesses still have the pandemic and now high inflation to grapple with — and they’re finding it’s tough to get a loan to help with the daily grind. A recently released survey from the Federal Reserve shows how the pandemic has altered the financial landscape for small business. About 85%…
By Alex Lawler LONDON (Reuters) -Oil jumped over 3% on Monday toward $108 a barrel as the release of strategic reserves by consuming nations failed to eliminate supply fears arising from Russia’s invasion of Ukraine and the lack of an Iranian nuclear deal. The invasion in February heightened supply concerns that were already underpinning prices….
GENEVA (AP) — The U.N. health agency says nearly everybody in the world breathes air that doesn’t meet its standards for air quality, calling for more action to reduce fossil-fuel use, which generates pollutants that cause respiratory and blood-flow problems and lead to millions of preventable deaths each year. The World Health Organization, about six…
The pandemic sent global hunger soaring, but now the war in Ukraine is making the problem far worse. Since Russia and Ukraine together supply 30% of global wheat exports, a big chunk of the world is losing access to food. Now one of the nation’s biggest foundations is trying to deal with some of these…
Longtime Starbucks leader Howard Schultz — who returned to the company as interim CEO on Monday — said his first major action will be suspending Starbucks’ share buyback program and plowing those billions of dollars into the company instead. “This decision will allow us to invest more profit into our people and our stores —…
TOKYO (Reuters) – Japan’s central bank should hike interest rates to ensure the country will not fall out of lockstep with the rest of the world in its monetary policy, an associate of Prime Minister Fumio Kishida whose ideas likely inspired the premier’s economic policy framework said. Kishida’s government should unleash as much as $400…
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Monday said its first-quarter production results could top a seven-year quarterly record, with operating profits from pumping oil and gas of up to $9.3 billion. A snapshot of the largest U.S. oil company’s quarter ended March 31 showed operating profits from its oil and gas unit…
(Reuters) – Chip designer Advanced Micro Devices said on Monday it would acquire cloud startup Pensando for $1.9 billion to bolster its data center products and capitalize on booming demand from cloud and enterprise sectors. AMD said the deal value does not include working capital and other adjustments. Pensando, which was founded in 2017 by…
(Reuters) – U.S. stock index futures edged higher on Monday as a jump in the shares of Twitter and U.S.-listed Chinese firms offset concerns about more sanctions against Russia over its invasion of Ukraine. Micro-blogging site Twitter Inc jumped 26.3% in premarket trading after Tesla Inc Chief Executive Officer Elon Musk reported a 9.2% stake…
