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‘Energy transition? Leave us out,’ says Nigeria oil minister
By Sabrina Valle HOUSTON (Reuters) - Developing countries should not have to target renewable energy sources and turn away from fossil fuels, Nigerian energy officials said on Tuesday, joining other e...
Syndicated Content Mar 09, 2022
Cathay Pacific narrows annual loss on cost cuts, strong cargo demand
By Jamie Freed (Reuters) -Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday an annual loss of HK$5.5 billion ($703.45 million), narrowing from the prior year's HK$21.65 billion, thanks to cos...
Syndicated Content Mar 08, 2022
World Bank official says war-driven oil price hikes to slash growth for big importers
WASHINGTON (Reuters) - Persistent high oil prices prompted by Russia's invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Ind...
Syndicated Content Mar 08, 2022
Gas leak at ConocoPhillips’ field in Alaska prompts evacuations -local media
By Yereth Rosen ANCHORAGE, Alaska (Reuters) - A days-long natural gas leak has forced a partial evacuation at one of the biggest oil fields in North Slope, Alaska, local media reported on Tuesday, wit...
Syndicated Content Mar 08, 2022
Oil extends rally after U.S. bans Russian imports, prompting supply fears
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Wednesday as the U.S. ban on Russian oil imports and Britain's plan to phase them out by year end raised concerns of tighter global supply. Brent ...
Syndicated Content Mar 08, 2022
U.S. probes options trade gained on Microsoft-Activision deal – WSJ
(Reuters) - U.S. Federal prosecutors and securities regulators are investigating large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard Inc shares in Janu...
Syndicated Content Mar 08, 2022
Crude shoots higher on U.S. Russian oil ban, Asian shares stabilise
By Andrew Galbraith SHANGHAI (Reuters) - Crude oil prices jumped while Asian stocks regained their footing on Wednesday as investors assessed the impact of a worsening conflict in Ukraine and a new U....
Syndicated Content Mar 08, 2022
S&P Global affirms U.S. rating at ‘AA+/A-1+’
(Reuters) - S&P Global on Tuesday reaffirmed its sovereign rating for the United States at 'AA+/A-1+', the second highest rating by the agency even as the country battles inflationary pressures. The c...
Syndicated Content Mar 08, 2022
Chinese firms that aid Russia may be cut off from U.S. equipment -commerce secretary
(Reuters) -Chinese companies that defy U.S. restrictions against exporting to Russia may be cut off from American equipment and software they need to make their products, U.S. Commerce Secretary Gina ...
Syndicated Content Mar 08, 2022
Ferragamo to revamp product offer, won’t give guidance for 2022
By Claudia Cristoferi MILAN (Reuters) - The new boss of Salvatore Ferragamo aims to boost sales by revitalising its product offer, though the Italian luxury group said the war in Ukraine and the linge...
Syndicated Content Mar 08, 2022
Peoria, IL, USA
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