Stocks, dollar rise; European leaders urge further Moscow sanctions

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US stocks mostly higher in early trade Oil prices gain US dollar strengthens NEW YORK, April 4 (Reuters) – Stocks on global indexes … Read more

Oil jumps 4% as deaths near Kyiv prompt talk of new sanctions

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register Global outcry at killings near Kyiv as frontline shifts Iran blames US for halt to Vienna nuclear talks … Read more

JPMorgan’s Dimon warns of potential $1 billion loss from Russia exposure

JP Morgan CEO Jamie Dimon looks on during the inauguration the new French headquarters of JP Morgan bank in Paris, France June 29, 2021. Michel Euler/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 4 (Reuters) – JPMorgan (JPM.N) boss Jamie Dimon warned on Monday that the bank could … Read more

Biden administration weighs largest ever draw from emergency oil reserve- sources

A US postal worker puts his seatbelt on after filing up his vehicle at a gas station in Garden Grove, California, US, March 29, 2022. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 30 (Reuters) – The Biden administration is considering releasing up to 180 million barrels of oil over … Read more

Oil rebounds on tight supply, prospects of new Russia sanctions

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register LONDON, March 30 (Reuters) – Oil prices jumped by more than $4 on Wednesday on supply tightness and … Read more

Yale professor monitoring companies still doing business in Russia ups the ante by highlighting those that are now ‘digging in’

The Yale professor who is monitoring companies that are still doing business in Russia following its unprovoked invasion of neighboring Ukraine has upped the ante by reclassifying the list into five categories with the fifth titled “digging in” — or defying public demands for exit. Some 39 companies, including Koch Industries Inc., packaging company Ball … Read more

Foreigners banned from selling Russian stocks as market set for limited reopening

March 23 (Reuters) – Russia plans to resume some stock trading on Thursday after a near month-long hiatus, with 33 ruble securities to be traded on the Moscow Exchange. Non-residents will have to wait, though – they will be barred from selling stocks and OFZ ruble bonds until April 1. Trading in blue chips, including … Read more

Oil jumps as EU weighs Russian ban, Saudi refinery output hit

A view of the Phillips 66 Company’s Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (background), at sunset in Carson , California, US, March 11, 2022. Picture taken March 11, 2022. Picture taken … Read more

EXCLUSIVE Moscow sets out strict new controls on foreigners trading Russian assets

Steam rises from chimneys of a heating power plan over the skyline of central Moscow, Russia November 23, 2020. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access to Reuters.com Register Russia temporarily stopped foreigners selling assets Foreigners now need to provide details before trading Applications for permits must be made in Russian language LONDON/NEW … Read more

Mercedes to continue EV investments despite Ukraine war disruptions

TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed … Read more