IBT Staff Reporter

11251-11280 (out of 154954)

Germany Drops Opposition To Russian Oil Ban, Ministers Say

Two senior ministers in Chancellor Olaf Scholz's government on Monday said Germany would be ready to back an immediate European Union ban on Russian oil imports, and that Europe's biggest economy could weather shortages and price hikes.

Cannon-Brookes Seeks 11.5% Stake In Australia's AGL Energy - JPMorgan

Tech billionaire Mike Cannon-Brookes is seeking to buy an 11.5% stake in AGL Energy nearly two months after Australia's top power producer rejected a A$5.4 billion ($3.8 billion)takeover offer from his Grok Ventures and Canada's Brookfield Asset Management, according to a market statement from JPMorgan.

Russia Swerves To Avoid Default: What Is Next?

Russia may have averted default as it announced it had made several overdue payments in dollars on its overseas bonds, shifting the market's focus to upcoming payments and whether it would stave off a historic default.

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