LONDON (Reuters) – Oil and other commodities prices soared while shares sank in frantic trading on Monday as the risk of a U.S. and European ban on Russian crude imports threatened stretched supply chains and heaped further inflationary pressure on economies worldwide. The euro extended its slide, hitting parity against the safe-haven Swiss franc, on […]
FILE PHOTO: A view shows skyscraper office properties at the financial and business district of La Defense in Puteaux near Paris, France, August 23, 2021. REUTERS/Sarah MeyssonnierFRANKFURT (Reuters) – Investor morale in the euro zone plunged in March in the wake of the Russian invasion of Ukraine and its implications for the global economy, a […]
Slideshow ( 2 images )(Reuters) – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon as this week, a source familiar with the matter said on Sunday. The combined value of the two companies would be around $6.07 […]
Slideshow ( 2 images )(Reuters) – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon as this week, a source familiar with the matter said on Sunday. The combined value of the two companies would be around $6.07 […]
OPINION: Q: After a split between my partner and I, things have turned sour. I have now been away from my partner for five years. I paid child support for 12 months through a private agreement but, recently, I’ve just been paying small sums to my ex-partner while setting up my new business. We have […]
Tightening finance and rising demand for lower-priced apartments has resulted in a 115 per cent lift in unit numbers planned for a fringe-city Auckland block. Ockham Residential is pre-selling apartments in the planned seven-level 155-unit The Feynman planned for what is now a service station at 339-359 Great North Rd between Elgin St and Harcourt […]
Weeks before new rules regulating lending came into force, the banking industry gave a blunt warning to regulators that the changes would slow the flow of credit and could hurt vulnerable customers and first-home buyers. Since the final provisions of the Credit Contracts and Consumer Finance Act came into force on December 1, would-be borrowers […]
Coors Light will soon phase out plastic packaging rings worldwide and instead opt for “fully recyclable and sustainably sourced cardboard wrappers” on its six-packs of beer, parent company Molson Coors Beverage Company announced Tuesday. As part of the transition, Molson Coors plans to invest $85 million to upgrade its packaging machinery so that all of […]
(Reuters) – U.S. curbs on exports to Russia for invading Ukraine look tough at first glance, but exemptions on everything from mobile phones to airplane parts coupled with the difficulty of policing shipments suggest a softer economic blow.The Russian flag is seen behind a razor wire fence on the roof of the Russian Consulate General […]
LONDON/NEW YORK (Reuters) – The U.S. government broadened restrictions on trading of Russian government debt on Tuesday in a bid to punish Moscow for ratcheting up its conflict with Ukraine, a move that analysts said might have a moderate impact near-term but could be a step toward harsher measures.FILE PHOTO: A picture illustration shows rolled […]