Page 1008 - Reuters

Rio Tinto to end commercial ties with Russian businesses for Ukraine war

Rio Tinto on Thursday became the latest corporation to cut ties with Moscow saying it was ending all commercial relations with Russian businesses

Japan's Hitachi to suspend Russia operations after Ukraine request: Nikkei

Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported

Asian shares surge as Russia-Ukraine talks guide sentiment, oil prices fall

Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia-Ukraine buoyed sentiment, but analysts warned the rally could be susceptible to sharp reversal

Explained: Why Japan's power sector depends so much on LNG

Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia's oil and LNG after Moscow's invasion of Ukraine

Oil prices rises as market weighs OPEC filling Russia supply gap

Oil prices rose on Thursday following a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug the gap in output from Russia

Nestle, Philip Morris, gamemaker Sony join move away from Russia amid war

Nestle, Philip Morris and videogame maker Sony joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in West to take stand against Ukraine invasion

Ukraine war-related inflation may drive protests and riots: World Bank

Soaring energy and food prices triggered by Russia's invasion of Ukraine could exacerbate existing food security concerns in Middle East and Africa, and may fuel growing social unrest, said World Bank

World shares rise, oil falls 13% as UAE supports OPEC hiking output

Global stock markets rallied on Wednesday and oil prices fell by more than 12% as Ukraine and Russia looked to resume diplomatic talks and UAE supports hiking oil output to ease chaos in energy market

Inflation likely slipped in Feb but will rebound soon: Economists poll

Indian retail inflation likely slipped marginally in February, thanks to lower food prices, according to economists who still warned that surging oil prices will push inflation much higher in future

Ukraine accuses Russia of genocide after bombing of children's hospital

Ukrainian's president accused Russia of carrying out genocide after officials said Russian aircraft bombed a children's hospital on Wednesday, burying patients in rubble despite a ceasefire deal

Global oil prices fall most in 2 years as UAE supports output hike

Global oil prices fell on Wednesday by the most in nearly 2 years after OPEC member the UAE said it supported pumping more oil into a market roiled by supply disruptions due to sanctions on Russia

Gas security a growing worry amid price rise and Russia's export dominance

Energy industry leaders said the burgeoning energy crisis is perhaps more dire for Europe's natural gas market than its crude oil imports, due to the continent's dependency on Russia

Ukraine prepares potential move of sensitive data to another country

Government officials have already been shipping equipment and backups to more secure areas of Ukraine beyond the reach of Russian forces, who invaded on Feb. 24 and are laying siege to several cities

Oil falls 5% as fear among investors over Russian supply disruption eases

Brent had gained 28% in the previous six days of trading, and the Relative Strength Index, a momentum indicator, suggested the market was due for a selloff

Sri Lanka imposes import restrictions on 367 'non-essential' items

The import control by a Gazette notification dated March 9 makes the 367 items to be barred from importing without a valid license

Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight

The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2

World stocks rise, oil retreats in 'less panicked' trading session

Moscow accused the United States on Wednesday of declaring an economic war on Russia, and said it was considering a response to the US ban on Russian oil and energy imports

China urges state refiners to halt April fuel exports, says report

Russia is the world's top exporter of crude and oil products combined, at around 7 million barrels per day

Oil slides 7% as UAE calls for OPEC boost amid Russian supply shock

Prices hit session lows after the Financial Times reported Yousef al-Otaiba, the UAE's ambassador to Washington, said the country favours increasing production

EU hits Russia with more sanctions, set to snub Ukraine on swift membership

EU targets 160 Russians, including oligarchs, also slaps sanctions on Belarus central bank, three lenders; EU leaders to discuss war in Ukraine at summit on Thursday