EU slashes 10% of Russian imports with new sweeping sanctions

EU slashes 10% of Russian imports with new sweeping sanctions

EU bans Russian coal in first hit to energy imports Existing coal contracts must be terminated by start of August EU also bans imports of Russian chemicals, vodka, caviar Exports of technology, jet fuel to Russia banned More oligarchs, Putin’s daughters face asset freezes April 8 (Reuters) – The European Union on Friday formally adopted … Read more

Global stocks rebound goal set for weekly loss

Global stocks rebound goal set for weekly loss

LONDON, April 8 (Reuters) – European shares rebounded on Friday but world stocks were still on track for their first weekly loss in four as the prospect of aggressive global rate hikes and geopolitical risks rattled investors. Global risk appetite declined during the week as minutes from the Federal Reserve and European Central Bank showed … Read more

Stocks rally late, 10-yr US Treasury yield hits 3-yr high

Stocks rally late, 10-yr US Treasury yield hits 3-yr high

US stocks end higher 10-year Treasury yield rises Investors still digesting Fed signals NEW YORK, April 7 (Reuters) – Stock indexes mostly rose on Thursday as investors snapped up beaten-down shares, while the US dollar climbed to its highest in nearly two years and the US Treasury 10-year yield touched a three-year high following hawkish … Read more

Breaking ranks with EU, Hungary says ready to pay for Russian gas in rubles

Breaking ranks with EU, Hungary says ready to pay for Russian gas in rubles

Russia has demanded gas payments in rubles EU Commission has asked countries to stick to original contracts Hungary says EU has no role to play in bilateral contracts EU under pressure to increase sanctions against Russia BUDAPEST/LONDON, April 6 (Reuters) – Hungary said on Wednesday it was prepared to pay rubles for Russian gas, breaking … Read more

Ukraine says four civilians killed at aid distribution point, east under heavy fire

Ukraine says four civilians killed at aid distribution point, east under heavy fire

Rescuers evacuate a person from a residential building damaged by a military strike, as Russia’s attack on Ukraine continues, is seen in Lysychansk, Luhansk region, Ukraine in this handout picture released March 30, 2022. Press service of the State Emergency Service of Ukraine/ Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register … Read more

Exclusive: China state refiners shun new Russian oil trades

Exclusive: China state refiners shun new Russian oil trades

Sinopec, CNOOC, PetroChina, Sinochem refrain from new purchases Worries about sanctions keep state firms at bay Some independent refiners continue ESPO crude imports SINGAPORE, April 6 (Reuters) – China’s state refiners are honoring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia … Read more

Big Oil to tell Congress markets, not companies, set fuel prices-testimony

Big Oil to tell Congress markets, not companies, set fuel prices-testimony

Gasoline drips out of a nozzle held by a gas station mechanic in Somerville, Massachusetts, US, March 7, 2022. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 5 (Reuters) – US oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the … Read more

Stocks slip, bonds hit as bets on Fed action rise

Stocks slip, bonds hit as bets on Fed action rise

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 28, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register US treasury yields hit multi-year highs Dollar at its strongest in nearly two years Fed minutes eyed as bets on big rate hike increase Oil gains … Read more

US, allies ready new Russian sanctions after Bucha killings

US, allies ready new Russian sanctions after Bucha killings

US, EU set to ban new investment in Russia Zelenskiy says Bucha killings demand punishment Ukraine reports attacks in south and east LVIV, Ukraine, April 6 (Reuters) – The United States and its allies on Wednesday prepared new sanctions on Moscow over civilian killings which President Volodymyr Zelenskiy described as “war crimes”, as heavy fighting … Read more

US considers vaccines to protect poultry from deadly bird flu

US considers vaccines to protect poultry from deadly bird flu

Chickens feed from a row of feed bins at C&A Farms in Fairmont, North Carolina June 10, 2014. Picture taken June 10, 2014. Register now for FREE unlimited access to Reuters.com Register CHICAGO, April 4 (Reuters) – The US Department of Agriculture is looking into vaccines as an option to protect poultry against deadly bird … Read more