Oil dips as coronavirus worries offset more Russia sanctions

Oil dips as coronavirus worries offset more Russia sanctions

Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register China extends lockdown in Shanghai EU and US plan more sanctions on Russia for alleged war crimes IEA still discussing how much oil to release from stockpiles Upcoming … Read more

Russian auto boomtown grinds to halt over Ukraine sanctions

Russian auto boomtown grinds to halt over Ukraine sanctions

Kaluga car plants halt production Car demand falls, food prices soar Some hope Western resolve won’t last Others have seen crises pass before April 5 (Reuters) – Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with … Read more

European stocks set for biggest quarterly drop since 2020

European stocks set for biggest quarterly drop since 2020

A DAX logo is pictured at the trading floor of the stock exchange in Frankfurt, Germany December 29, 2017. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register LONDON, March 31 (Reuters) – European stocks edged lower on Thursday and were set for their biggest quarterly drop since the start of 2020, while … Read more

Reduce, repair, recycle as EU plans ‘circular’ rules for everyday items

Reduce, repair, recycle as EU plans 'circular' rules for everyday items

European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman Register now for FREE unlimited access to Reuters.com Register BRUSSELS, March 30 (Reuters) – Smartphones, clothes and furniture will have to become longer-lasting and easier to repair and recycle under new sustainability rules proposed by the European Union. … Read more

Stocks rally pauses, bond markets ponder risks for US economy

Stocks rally pauses, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down LONDON/NEW YORK, March 30 (Reuters) – The US and European equities rally paused on Wednesday as investors took stock of economic and geopolitical risks, while oil prices jumped back around $4 … Read more

Shares, bond yields jump after “encouraging” Russia-Ukraine talks

Shares, bond yields jump after "encouraging" Russia-Ukraine talks

Shares head higher as Russia and Ukraine talk in Turkey Bond markets continue to flag recession fears German and French consumer confidence drops Yen tries to steady, but heading for worst month since 2016 Russia signals it will default, by paying $ bond in rubles LONDON, March 29 (Reuters) – World share markets and global … Read more

War in Ukraine causes German business morale to collapse

War in Ukraine causes German business morale to collapse

The skyline with the banking district is photographed in Frankfurt, Germany, September 22, 2021. REUTERS/Kai Pfaffenbach Register now for FREE unlimited access to Reuters.com Register BERLIN, March 25 (Reuters) – German business morale plummeted in March as companies worried about rising energy prices, driver shortages and the stability of supply chains in the wake of … Read more

US tech giants face tough new rules as EU countries, lawmakers clinch deal

US tech giants face tough new rules as EU countries, lawmakers clinch deal

BRUSSELS, March 24 (Reuters) – Alphabet’s (GOOGL.O) Google, Amazon (AMZN.O), Apple (AAPL.O), Meta (FB.O) and Microsoft (MSFT.O) may have to change their core business practices in Europe as EU countries and EU lawmakers on Thursday clinched a deal on landmark rules to curb their powers. France, which currently holds the rotating EU presidency, said in … Read more

World stocks set for consecutive weekly gains for first time in 2022

World stocks set for consecutive weekly gains for first time in 2022

A woman stands in front of a screen displaying Japan’s Nikkei share average, US and other countries’ stock market indicators outside a brokerage in Tokyo, Japan December 19, 2018. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register LONDON, March 25 (Reuters) – World stocks are headed for a second consecutive week of … Read more

Shares, volatile oil ahead of NATO Russia-Ukraine summit

Shares, volatile oil ahead of NATO Russia-Ukraine summit

Shares choppy ahead of NATO summit on Russia-Ukraine war Bond yields start to rise again in volatile trading Oil remains above $120 a barrel Eurozone PMIs stronger than expected LONDON, March 24 (Reuters) – World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while “stagflation” worries rose … Read more