Page 993 - Reuters

Oil at 2008 highs as US, Europe mull Russian oil import ban, Iran delay

Oil prices soared more than 6%, touching their highest since 2008 on Monday after the United States and European allies mull a Russian oil import ban

Palladium scales record high, gold hits $2,000 on Russia-Ukraine war

Palladium jumped to a record high on Monday, while gold hit the key level of $2,000 per ounce, as concerns over Russia-Ukraine conflict pushed investors towards safe-haven assets.

Euro slides to 22-month low as war in Ukraine fuels inflationary shock

Euro tumbled to a fresh 22-month low on the dollar and hit multi-year troughs on the yen, Swiss franc and sterling as Ukraine war drove up commodity prices and stoked fears of a stagflationary sho

India approaching US over ONGC Videsh taking Venezuelan oil cargoes: CEO

CEO of ONGC Videsh on Sunday confirmed talks between India and the US State Department are underway to allow the company to settle past debts by trading Venezuelan oil cargoes

Oil surges 10% in Asia, euro skids, bonds rally amid Russian products ban

Oil prices soared more than 10% in hectic trading as the risk of a US and European ban on Russian product triggered what was shaping up as a major stagflationary shock for world markets

Israel will continue trying to mediate between Russia and Ukraine: Bennett

The Ukrainian ambassador to Israel also declined immediate comment, saying he would hold a news conference on Monday

Won't end campaign until Ukraine stops fighting: Russian President Putin

Russia invaded Ukraine February 24 citing national security concerns over Kyiv's closeness to Western powers and move to join the NATO

CBI arrests former NSE CEO Chitra Ramkrishna in co-location scam case

Chitra Ramkrishna was arrested in New Delhi, the source at the Central Bureau of Investigation said

'Shops are gone': How Reliance stunned Amazon in battle for Future Retail

At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to India's biggest retailer Reliance

Amazon shareholders call for increased tax transparency: Financial Times

Twenty-four Amazon investors are calling on the tech giant to increase transparency in tax disclosures and adopt a new reporting standard, the Financial Times reported on Sunday

Brazil govt appoints Rodolfo Landim as chairman of Petrobras board

Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night

Ukrainian refugees near 1.5 million as Russian invasion enters 11th day

The number of Ukrainian refugees was expected to reach 1.5 mn on Sunday as Russia continued its attack 11 days after invading Ukraine and Kyiv pressed for further West action, including more sanction

China aims to build 450 GW of solar, wind power on Gobi desert

President Xi Jinping has pledged to bring China's total wind and solar capacity to at least 1,200 GW and to cap its carbon emission to a peak by 2030

Kyiv, Moscow trade blame over failed evacuation as Russia still shelling

In Mariupol, the city council said Russia was not observing the ceasefire and asked residents to return to shelters and wait for further information on evacuation

Stocks slide, commodities spike as Ukraine war shakes markets

The major U.S. stock indices declined less as Europe's dependence on Russian energy and its proximity to Ukraine has slammed the continent more than other parts of the globe

Russia declares ceasefire in 2 Ukrainian cities to let civilians evacuate

The Russian defence ministry said its units had opened humanitarian corridors near the cities of Mariupol and Volnovakha, which were encircled by its troops

Oil surges to multi-year highs as Russian supply shortfall looms

Crude prices posted their largest weekly gains since the middle of 2020, with the Brent benchmark up 21% and U.S. crude gaining 26%.

The cost of war: Oil has wildest week on record; dollar highest since 2020

Europe's common currency fell to as low as $1.0973 as traders weighed the impact of Russian sanctions on the European economy

Sony, Honda Motor team up to develop and sell electric vehicles

Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform

Pakistan confident of defending $1.5 billion fuel subsidy at IMF review

PM Khan this week announced a cut in fuel and electricity prices despite a steep global rise in the cost of oil, pledging to freeze the new rates for 4 months