Nervous staff, not bankers: Western companies struggle to leave Russia

HELSINKI, July 4 (Reuters) – For foreign companies still figuring out what to do with their stranded Russian assets, President Vladimir Putin’s seizure of a major oil and gas project is a strong warning: go fast or else . Companies are grappling with how to leave in ways that limit financial impact, don’t endanger employees … Read more

Germany warns possible price ceilings for Russian oil far from close – sources

Industrial facilities of PCK Oil Refinery are pictured in Schwedt/Oder. The company receives crude oil from Russia through the ‘Friendship’ pipeline, Germany, May 9, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Register BRUSSELS, June 30 (Reuters) – Germany and other European Union governments expressed caution over price caps for Russian oil … Read more

Oil price rises for fourth day due to supply concerns

An employee uses a gas pump at a gas station of Brazilian oil company Petrobras in Brasilia, Brazil, March 7, 2022. REUTERS/Adriano Machado/File Photo/File Photo Register now for FREE unlimited access to Register OPEC, OPEC+ begin two days of policy meetings US inventories fall as refineries pick up activity US crude production hits high … Read more

US accuses five companies in China of supporting the Russian army

Smoke rises over the remains of a building destroyed by a military attack as the Russian attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine, June 17, 2022. REUTERS/Oleksandr Ratushniak/File Photo Register now for FREE unlimited access to Register WASHINGTON, June 28 (Reuters) – The administration of US President Joe Biden on Tuesday added … Read more

Two gunmen killed, six officers injured in gunfight at Canadian bank

SAANICH, British Columbia, June 28 (Reuters) – Canadian police shot dead two men and six officers during a gun battle on a British Columbia bank on Tuesday, and nearby homes were evacuated after discovering a possible explosive device, police said. † Members of the emergency response team arrived at the scene of the Bank of … Read more

Crypto Crash Threatens North Korea’s Stolen Money As It Steps Up Weapons Tests

SEOUL, June 29 (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital researchers say, threatening a major source of funding for the sanctioned country and its weapons programs. North Korea has invested resources in stealing cryptocurrencies in recent years, making it a … Read more

Shares soar higher as China eases quarantine rules

A man in a protective mask walks past an electronic board with charts (top) of the Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022 during the coronavirus (COVID-19) outbreak. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Register HONG KONG, June 28 (Reuters) – Asian stocks rose in positive territory … Read more

G7 increases sanctions against Russia, closes oil price cap deal

G7 announce new sanctions against Russia on Tuesday – US official G7 to cooperate with other countries, private sector to oil price ceiling Japan tries to remove zero-emission vehicle target from G7 statement SCHLOSS ELMAU, Germany, June 27 (Reuters) – The Group of Seven Rich Democracies on Tuesday will commit to a new package of … Read more

Oil prices soar ahead of G7 talks on new Russian sanctions

Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada, Nov. 14, 2016. REUTERS/Chris Helgren Register now for FREE unlimited access to Register LONDON, June 27 (Reuters) – Oil prices rose during a volatile session Monday as investors waited for any moves against Russian oil and … Read more

US aims to raise $200 billion as part of G7 rival to China’s Belt & Road

US President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. Kenny Holston/Pool via REUTERS Register now for FREE unlimited access to Register WASHINGTON, June 26 (Reuters) – The United States aims to raise $200 … Read more