BUSINESS

A view shows the logo of Sber (Sberbank) at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 5, 2021.

EU To Add Sberbank, Russian Metals Baron To Sanctions List

The EU is set to add Russia's top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals and companies banned for supporting Moscow's invasion of Ukraine, according to draft documents seen by Reuters.

Wall Street Rises As Earnings Kick Into High Gear

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013.
Wall Street's main indexes rose on Tuesday as earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as stronger dollar dents profit.
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The City of London financial district can be seen as people walk along the south side of the River Thames, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021.

Explainer-What Is The 'S' In ESG Investing?

The "S" in environmental, social and governance (ESG) investing moved into the spotlight during the COVID-19 pandemic as companies faced concerns about employee wellbeing and bold calls for action on social inequality.
SAS flights listed at Copenhagen airport, July 3, 2022.

SAS Reaches Deal With Pilots' Unions, Ending 15-day Strike

SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
SAS flights listed at Copenhagen airport, July 3, 2022.

SAS Lands Deal With Pilots' Unions, Ending 15-day Strike

SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021.

France To Pay $10 Billion To Take Full Control Of EDF

France's government is offering to pay 9.7 billion euros ($9.85 billion) to take full control of EDF, in a buyout deal that gives it a free hand to run Europe's biggest nuclear power operator as it grapples with a continent-wide energy crisis.
U.S. Dollar banknote is seen in this illustration taken July 17, 2022.

Dollar Slips As ECB Rate Hike Hopes Lift Euro

The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation.
Spanish speleologist and diver Vicente Fito explores the cave system known as Garra de Jaguar (Jaguar's Claw), near the construction site of Section 5 South of the Mayan Train between the resorts of Playa del Carmen and Tulum

Mexico Resumes Building President's Tourist Train

Mexico has resumed building part of President Andres Manuel Lopez Obrador's flagship tourist train project, an official said Monday, despite a judge suspending construction on that section on environmental grounds.
A Tesla Model S electric vehicle is shown in San Francisco, California. U.S., April 7, 2016.  Alexandria Sage/File Photo

Tesla EV Sales Gaining Momentum In Australia - Chair

Tesla Inc's electric vehicle (EV) sales are rapidly picking up off a low base in Australia and are set to catch up with sales of its Powerwall home batteries in the country, Chair Robyn Denholm said on Tuesday.
General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, U.S., March 30, 2020.

Oil Prices Fall, Taking A Breather From Massive Surge

Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's interest rate hike may be less than thought.

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