Tight edible oil stockpiles and blocked shipments from the Black Sea area are expected to keep prices near record highs for the coming months, but sticker shock is expected to curb global consumption in the latter half of 2022, industry analysts said.
Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices amid Russia's invasion of Ukraine, thanks to long-term contracts and a diversified supply chain, companies and industry sources said.
Japanese investors in February sold the most overseas debt in a month in nearly two years on concerns over monetary tightening by the world's major central banks and an escalation in Russia-Ukraine conflict.
Toyota Motor Corp agreed on Wednesday that its union demand for annual salary and bonus hikes will be fully met in the new fiscal year, President Akio Toyoda said.
Bitcoin surged on Wednesday ahead of an executive order that U.S.
Bitcoin soared on Wednesday after President Joe Biden signed an executive order that requires U.S.
Bitcoin surged on Wednesday after President Joe Biden signed an executive order that requires U.S.
Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S.
U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe's supply crisis as they export record volumes to the European Union for the third consecutive month at prices that have rallied since Russia's invasion of Ukraine.
Mandatory Hong Kong Covid testing 'not a priority': city leader
Asia's liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe's shift to the super-chilled fuel amid the Ukraine crisis, analysts and industry sources said.
Banks are having conversations with potential buyers on how to get rid of their exposure to Russian corporate loans, but sanctions fears and pricing uncertainty are limiting trading activity and the ability of buyers to act, several banking sources said.
Adidas warned of a hit to sales from closing operations in Russia and COVID disruptions in Vietnam but a brighter China outlook helped send the German sportswear group's shares 10% higher on Wednesday.
Makers of everyday staples from Pampers diapers to Dove soap are walking a fine line by continuing to sell their products in Russia, as pressure grows on multinational companies to take a stand against Russia's recent invasion of Ukraine.
Lacking oversight, Telegram thrives in Ukraine disinformation battle
In fractured Bosnia, Croats call for change
Cathay Pacific slashes loss to $703 mn from $2.76 bn in 2020
The $100 billion Western rental car industry, flush with cash from a profitable pandemic, is gradually getting its electric show on the road, and Chinese-made vehicles are poised to play a starring role.
Developing countries should not have to target renewable energy sources and turn away from fossil fuels, Nigerian energy officials said on Tuesday, joining other emerging oil-producing nations reluctant to embrace the global energy transition trend.
Russia inches toward Kyiv, its attacks draw war crimes warnings
Two Americans released from Venezuelan prison after US officials visit
Prudential PLC notched up a 16% rise in 2021 operating profit after it strengthened its focus on Asia, though it warned of implications for global markets and the economy from Russia's invasion of Ukraine.
Stocks rebound, oil falls in volatile trading
Fukushima region forges renewable future after nuclear disaster
Oil slid over 7% on Wednesday after reports that the United Arab Emirates will call on fellow OPEC members to boost production, potentially easing some of the supply concerns caused by sanctions on Russia after its invasion of Ukraine.
Oil prices firmed on Wednesday over fears of a potential supply shock as the United States banned Russian oil imports, and amid signs that some buyers are already shunning them.
Global oil prices on Wednesday posted their biggest plunge since the early pandemic days nearly two years ago, after the United Arab Emirates said the OPEC member would support increasing output into a market in disarray because of supply disruptions caused by sanctions imposed on Russia after it invaded Ukraine.
Oil slid over 5% on Wednesday, pulling back from a rally to peaks not seen in more than a decade, as some investors' fears over a disruption in Russian supplies eased and the head of the International Energy Agency said the agency could further tap oil stocks.
Oil prices plunged as much as 17% after media reports said OPEC producers United Arab Emirates and Iraq said they would support increased production, potentially offsetting some of the supply disruptions caused by sanctions on Russian oil after its invasion of Ukraine.
Oil fell to around $125 a barrel on Wednesday as some investors took the view that the U.S.
