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Norway helping plug Europe oil gap as Russian barrels head east
By Nerijus Adomaitis OSLO (Reuters) - As Europe searches the world for oil to replace Russian barrels, one oilfield closer to home is helping plug the gap. Norway's Equinor is sending crude from the g...
Jun 28, 2022
Goldman Sachs expects over $1.2 billion losses from consumer unit this year – Bloomberg News
(Reuters) - Goldman Sachs Group Inc's internal projections show the bank's consumer unit will record losses of more than $1.2 billion this year, Bloomberg News reported on Tuesday, citing people with ...
Jun 28, 2022
U.S. goods trade deficit narrows in May
WASHINGTON (Reuters) - The U.S. trade deficit in goods narrowed in May as exports increased, suggesting that trade could contribute to economic growth this quarter for the first time in nearly two yea...
Jun 28, 2022
U.S. FDA advisers meet to discuss design of future COVID vaccines
(Reuters) - Outside advisers to the U.S. Food and Drug Administration are meeting on Tuesday to discuss whether to change the design of COVID-19 vaccines in order to combat future variants of the coro...
Jun 28, 2022
Russian parliament approves tax break for issuers of digital assets
MOSCOW (Reuters) - Russian lawmakers on Tuesday approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax. Russia has long voiced scepticis...
Jun 28, 2022
Exclusive: India considers allowing some exports of raw sugar – source
By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - India is considering allowing mills to ship out stocks of raw sugar that have piled up in ports and warehouses, trade and government...
Jun 28, 2022
Whirlpool to exit Russia, take $300 million-$400 million hit in second quarter
(Reuters) - Whirlpool Corp has struck a deal to sell its operations in Russia to Turkish appliances maker Arelik AS, the U.S. company said on Tuesday, a move which will see it join a raft of Western f...
Jun 28, 2022
Solar developer Intersect gets $750 million investment from private equity firm TPG
(Reuters) - A top U.S. solar energy project developer on Tuesday announced a $750 million equity investment from the climate-focused private equity fund TPG Rise Climate. The announcement from TPG is ...
Jun 28, 2022
Walgreens abandons plan to sell UK-based Boots business
(Reuters) -Walgreens Boots Alliance on Tuesday scrapped its plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate offer due to the turmoil in the gl...
Jun 28, 2022
China’s economy recovering but foundation not solid, premier says
BEIJING (Reuters) -China's economy has recovered to some extent, but its foundation is not solid, state media on Tuesday quoted Premier Li Keqiang as saying. China will strive to drive the economy bac...
Jun 28, 2022
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