BUSINESS

Russia's Sakhalin Energy Investment Co has asked its liquefied natural gas (LNG) customers to pay for supplies via a Moscow unit of a European bank, a source familiar with the matter told Reuters on Friday.

Apple boss Tim Cook blamed the drop in Greater China revenue on strict lockdowns in Chinese cities, which forced millions to stay home and hammered the Chinese economy.

Ray-Ban parent EssilorLuxottica saw sales growth slow in North America in its latest quarter, raising concerns about its exposure to recession in the United States and offsetting an improvement in its operating margin.

Air France-KLM on Friday lowered its third-quarter capacity forecast citing operational difficulties at airports that could weigh on its performance.

Air France-KLM downgraded on Friday its capacity forecast for the third quarter, citing operational difficulties at airports that could weigh on the group's performance.

Air France-KLM's quarterly earnings beat market expectations on Friday as demand surged for summer travel despite continuing operational issues in the airports sector.

Air France-KLM's quarterly earnings beat market expectations on Friday as demand surged for summer travel despite continuing operational issues in the airports sector.

Ben & Jerry's and its parent company Unilever Plc did not reach an out-of-court agreement on a dispute over the sale of the ice cream maker's Israeli business to a local licensee, a source with direct knowledge said, sending the issue back to a federal judge.

French bank BNP Paribas reported better-than-expected profit in the second quarter, after bad loan provisions dipped despite the economic slowdown and as businesses remained buoyant, particularly in its investment banking division.

French bank BNP Paribas reported better than expected profit in the second quarter after bad loan provisions dipped and business remained buoyant in both investment and retail banking, amid torrid global markets and an economic slowdown.

Mexican state oil company Pemex expects to post a rare annual profit this year, with two consecutive quarters already in the black and a boost to crude output from new fields, Chief Executive Octavio Romero told Reuters.

By Selena LiHONG KONG - China's well-heeled financial dealmakers are getting a crash course in austerity with pay cuts and perks reined in, as their state-owned employers respond to Beijing's "common prosperity" drive, eight people with knowledge of the matter said.

Instagram sidelines TikTok-like features following complaints

Asian stocks were mixed on Friday as fresh concerns about Chinese growth trumped any fillip regional markets received from brisk Wall Street earnings and some tempering of more aggressive expectations about U.S.

Finns call for halt to 'unbearable' Russian tourism

Demolition looms for historic Shanghai neighbourhood

The recalled products reportedly comply with U.K. regulations, which are not the same as those in North America.

Oil prices were broadly steady on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains.

Oil prices were steady to higher in Asia trade on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains.

Oil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker U.S.

Oil prices settled up more than $2 a barrel on Friday as attention turned to next week's OPEC+ meeting and dimming expectations that the producer group will imminently boost supply.

Oil prices rose nearly $3 a barrel on Friday as attention turned to next week's OPEC+ meeting and dimming expectations that the producer group will boost supply.

Oil prices jumped more than $4 a barrel on Friday as attention turned to next week's OPEC+ meeting and dimming expectations that the producer group will boost supply.

Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash U.S. hopes for a supply boost.

Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash U.S. hopes for a supply boost.

When Russia leaves, what's next for the International Space Station?

The dollar dropped to a three-week low in choppy trading on Friday, as investor concerns about recession outweighed inflation worries, for now, amid a mixed batch of economic data.

South Korea's property market has abruptly gone from sizzling hot to floundering, piling pressure on some of the world's most debt-saddled consumers as the sector experiences the fastest interest rate hikes on record.

For years, a separate class of South Korean shipyard workers - hired through contractors - say they endured wages barely one-third regular workers', got no paid sick leave for COVID, and routinely rode to worksites in the back of a pickup truck while others sat safe and warm inside their vehicles.