BUSINESS

Shipping containers are transported on a Maersk Line vessel through the Suez Canal in Ismailia, Egypt July 7, 2021.

Maersk In Talks With Buyers For Stake As Quits Russia

Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following a final cargo shipment this week, the Danish shipping group said on Wednesday.
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A trader works on the floor of the New York Stock Exchange shortly after the market opened in New York September 1, 2015.

Investor Pessimism Mounts As More Fed Rate Hikes Loom

Stock market investors are heading into the U.S. Federal Reserve's rate-setting announcement particularly pessimistic, with fresh milestones for bond yields and worries about rocketing inflation weighing on sentiment as the central bank is expected to hike rates further.
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022.

Oil Jumps $5 A Barrel As EU Nears Ban On Russian Oil

Oil prices jumped on Wednesday, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, raising concerns about further market tightness as those nations hunt for adequate supply.
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022.

Oil Jumps 4% As EU Proposes Ban On Russian Oil

Oil prices jumped on Wednesday as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, which offset worries about demand in top crude importer China.
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022.

Oil Jumps 3% As EU Plans Ban On Russian Oil

Oil prices jumped on Wednesday as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, offsetting demand worries in top importer China.
A company logo is seen on the new Aston Martin Vantage car at a media event in Gaydon, Britain November 20, 2017.

Aston Martin Taps Former Ferrari Boss Felisa For CEO

Aston Martin Lagonda on Wednesday named former Ferrari NV boss Amedeo Felisa as its new chief executive officer as the British luxury carmaker works on emulating the Italian carmaker's success and electrifying its brand.

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