Oil surges to multi-year highs as Russian supply shortfall looms
Brent hits highest since 2012 this week, WTI highest since 2008 Brent soars 21% this week, WTI jumps 26% Biden looks at options to cut...
Global banks eschew risk as they navigate Russia sanctions quagmire
WASHINGTON/HONG KONG, March 2 (Reuters) – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with...
Russian economic collapse will be hard to avoid
People stand in line to use an ATM money machine in Saint Petersburg, Russia February 27, 2022. Register now for FREE unlimited access to Reuters.com...
Euro zone banks plunge, erasing 2022 gains as Russia invades Ukraine
LONDON, Feb 24 (Reuters) – Shares in euro zone banks plunged on Thursday after Russian forces launched a full-scale invasion of Ukraine and European Union...
Explainer: Western sanctions on banks only scratch surface of Fortress Russia
LONDON/NEW YORK, Feb 22 (Reuters) – The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow’s recognition of...
Analysis: ECB has to fight housing bubble with its hands tied
A view of apartments under construction in Vienna, Austria, February 10, 2022. Picture taken February 10, 2022. REUTERS/Leonhard Foeger/File Photo Register now for FREE unlimited...
Consumers face years of high energy prices, Big Oil CEOs warn
A diesel fuel nozzle with new European labels to standardise gasoline pumps in the EU zone is seen at a petrol station in Nice, France,...
Russia, China agree 30-year gas deal via new pipeline, to settle in euros
Russia already sells pipeline gas, LNG to China Gazprom to sell additional 10 bcm of gas to China Flows in new pipeline within three years,...
As costs soar, some Japanese companies do the unthinkable: raise prices
City skyline and harbour are seen at sunrise from a quarantine bus window during the Tokyo 2020 Olympic Games in Tokyo, Japan July 24, 2021....