Analysis-Big Oil, Biden Administration Spar Over Blame For Pain At The Pump
By Valerie Volcovici and Nichola Groom (Reuters) – The U.S. oil industry and President Joe Biden’s administration are clashing over…
Reuters
German Business Backs Sanctions On Russia Despite Domestic Impact
BERLIN (Reuters) -Germany’s BGA trade association said on Thursday a survey of its members showed most expected an economic slowdown…
Opioid Victims To Confront Purdue Pharma’s Sacklers In U.S. Court
By Tom Hals and Dietrich Knauth (Reuters) – Victims of America’s opioid addiction epidemic will confront in court on Thursday…
Marriott Pauses Opening New Hotels, Investment In Russia
(Reuters) – Hotel chain Marriott International Inc said on Thursday it has decided to pause the opening of upcoming hotels…
Shell Faces $400 Million Writedown On Russian Downstream Assets
LONDON (Reuters) – Shell faces writedowns on $400 million in Russian downstream assets, it said on Thursday, having announced $3…
Russian Economy In ‘shock’ From Unprecedented Economic War – Kremlin
(Reuters) – The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken…
Suzuki’s Hungarian Factory Suspends Car Exports To Russia And Ukraine
By Gergely Szakacs BUDAPEST (Reuters) – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian…
Marketmind: ECB, Inflation, Oil
A look at the day ahead in markets from Sujata Rao After the U.S. S&P 500 index saw its biggest…
Lessors Face Legal Quagmire As Russian Plane Repos Stall
By Tim Hepher, Engen Tham and Carolyn Cohn PARIS/SHANGHAI/LONDON (Reuters) -Global leasing companies staring at an imminent sanctions deadline to…
Rio First Big Miner To Cut Russia Ties; Sony, Nintendo Halt Console Sales
By Praveen Menon and Sam Nussey (Reuters) – Rio Tinto became the first major mining company to cut ties with…