Late on Sunday, Russian energy giant Gazprom said, supply of liquid natural gas to Europe via Ukraine in line with requests from European consumers is continuing. LNG requests stood at 109.6 million cubic metres (mcm) for March 27, slightly up from… Read More ›
Ukraine
Greece, Spain, Italy start limiting purchase of wheat & sunflower oil
In a significant development, supermarket chains in Greece have said, they have begun restricting how much flour and sunflower oil customers can buy, following a rise in worries on supplies stemming from the Russia-Ukraine conflict. The conflict has led to… Read More ›
Ukraine could lose agricultural exports worth $6 billon in 2021-2022
As per a senior industry official, Ukraine could potentially lose $6 billion in grain revenues following a blockade by the Russian navy preventing it from selling millions of tons of corn and wheat that it had earmarked for exports by… Read More ›
Russia Ukraine conflict fuels wheat futures prices, other commodities also affected
With the Russian invasion of Ukraine driving up global wheat futures, Vance Ehmke, a U.S. farmer, was eager to sell his grain. Local prices surged by nearly 30% to around $12 a bushel, the highest Ehmke could recall in 45… Read More ›
Russia may not stop with Ukraine: NATO
Within hours of Russian missiles striking cities in Ukraine at the start of the conflict, German naval commander Terje Schmitt-Eliassen was told to sail 5 warships under his command to Latvia in order to help protect the most vulnerable part… Read More ›
US Britain kick off talks to strengthen trade ties
British and U.S. officials have kicked off a two-day event aimed at strengthening trade in a move that underscores greater transatlantic cooperation. The development comes at a time when Western countries are increasing pressure on Russia over its move to… Read More ›
Nike’s quarterly results expected to be lower than forecast: analysts
Ahead of Nike Inc’s quarterly results. Wall Street is expecting a gloomy outlook since sales of the sportswear giant in 2022 is expected to be significantly hit by rising COVID-19 cases in China and supply chain issues from the Russia-Ukraine… Read More ›
Peace talks more realistic: Ukrainian President Volodymyr Zelenskiy
On Wednesday, Ukrainian President Volodymyr Zelenskiy said, peace talks between Ukraine and Russia were becoming more realistic although more time was required to hammer out a deal. According to Ukrainian officials, there are hopes that the conflict could end sooner… Read More ›
US assets of Russian oligarch Roman Abramovich frozen: WSJ
As per a report from the Wall Street Journal, a few U.S. hedge-funds which have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him. Britain has frozen his assets and… Read More ›
Financial institutions ordered to halt all transactions with Russian entities: Financial regulators of Bahamas
In a statement financial regulators of Bahamas said, financial institutions in the country have been ordered to halt all transactions with Russian entities which have been targeted under Western sanctions. While the Bahamas has vocally condemned Russia’s invasion of Ukraine,… Read More ›