India may take up a Russian offer to buy crude oil and other commodities at a discount, two Indian officials said, in a sign that Delhi wants to keep its key trading partner on board despite Western attempts to isolate Moscow through sanctions.
India is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via a rupee-rouble transaction, two Indian officials said, amid tough Western sanctions on Russia over its invasion of Ukraine.
India will take "appropriate" steps to calm the rise in oil prices, triggered by Russia's invasion of Ukraine, the junior oil minister said on Monday, indicating the country could release more oil from national stocks if required.
European stocks rose on Monday as investors pinned their hopes on diplomatic efforts by Ukraine and Russia to end weeks-long conflict, while shares in Volkswagen surged after the German carmaker doubled its operating profit.
Where you go. What you pass. Where you stop. What you listen to. What you watch. Your good habits. Your bad habits.
A global food crisis looms unless the war in Ukraine is stopped because fertiliser prices are soaring so fast that many farmers can no longer afford soil nutrients, Russian fertiliser and coal billionaire Andrei Melnichenko said on Monday.
A global food crisis looms unless the war in Ukraine is stopped because fertiliser prices are soaring so fast that many farmers can no longer afford soil nutrients, Russia's coal and fertiliser king Andrei Melnichenko said on Monday.
Chinese cities and factories lock down as outbreak spreads
Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Sunday.
Wall Street slumps as oil drops, Europe gains
China's efforts to curb its largest COVID-19 outbreak in two years has forced companies from Apple supplier Foxconn to automakers Toyota and Volkswagen to suspend some operations, raising concerns over supply chain disruptions.
Apple suppliers Foxconn and Unimicron Technology Corp said on Monday they have suspended operations in the Chinese city of Shenzhen, after the tech hub imposed strict measures to stem a COVID-19 outbreak.
Oil prices fell more than 5% on Monday to the lowest in nearly two weeks amid hopes for progress toward a diplomatic end to Russia's invasion of Ukraine - a development that would boost global supplies - while a pandemic-linked travel ban in China cast doubt on demand.
Oil prices fell by around $5 a barrel on Monday as investors pinned hopes on diplomatic efforts by Ukraine and Russia to end their conflict, while a surge in COVID-19 cases in China spooked the markets.
Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine geared up and markets braced for higher U.S.
Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine were stepped up and markets braced for higher U.S.
First war of the TikTok era sees tragedy, humor and deceit
Argentina has halted registration of export sales of soy oil and meal, the South American country's government said in a statement on Sunday, drawing swift condemnation from the industry in the world's top exporter of processed soy products.
Lawyers for ZTE Corp have been summoned to U.S. federal court in Texas on Monday for a hearing over whether the Chinese telecommunications equipment maker violated probation in connection with an alleged conspiracy to commit visa fraud.
Chinese tycoon Xiang Guangda has to find a way to bail his Tsingshan Holding Group out of a crisis after its bet on nickel prices backfired, fuelling more volatility in a metal essential for the electric vehicles industry.
'The Power of the Dog' triumphant with best film, director at BAFTAs
Bermuda suspends licenses for hundreds of Russian aircraft
The West’s sanctions against Russia have been swift, united, and effective, creating both internal and external problems for Beijing.
US journalist shot dead in Ukraine
Moroccan carrier launches Israel flights after Covid delay
Iran says missiles targeted 'Israeli site' in Iraq's Arbil
Economists continue to raise concerns that a recession is imminent as low-income Americans run out of discretionary income to spend.
Ethical failures in one arena have impacts across the board. Conversely, ethical successes in another arena can be force multipliers, adding pressure for more ethical behavior elsewhere.
Campion wins top Hollywood director prize for 'Power of the Dog'
Inside Germany's secret Cold War cash bunker
