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2 mins read
Stock market today: US stocks end higher to hit a 4-month winning streak as soft landing hopes rise
Looking ahead, investors will be eagerly awaiting the August jobs report, due out next Friday. Expe…
Matthew Fox
3 mins read
A Russian warlord's new Cybertruck shows how Western sanctions are full of holes
Tesla doesn't ship Cybertrucks to Russia, but that doesn't seem to have stopped Chechen leader Ramz…
Hannah Abraham
2 mins read
Stock market today: US stocks rise on solid earnings and in-line inflation reading
Fitch Ratings said the PCE data was a "double dose of good news" for investors as inflation data fi…
Matthew Fox
1 min read
The EU will push ahead with plans to use frozen Russian funds to aid Ukraine, despite US pushback
A G7 commitment to use profits from Russia's frozen funds is stalled as the US worries about EU san…
Filip De Mott
2 mins read
Russian economy may face more hardship as the EU looks to close sanctions loopholes
The EU is considering sanctions on countries that re-export banned products into Russia, the Financ…
Filip De Mott
2 mins read
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
Huileng Tan
2 mins read
Global powers are helping Ukraine by giving it money frozen from Russia. That spells bad news for companies still doing business there.
Companies that stayed in Russia after its 2022 invasion of Ukraine may have their assets seized if …
Filip De Mott
1 min read
Russia's EU neighbors are banning Russian vehicles from entering their countries as the bloc toughens sanctions
In the last two weeks, Finland, Latvia, Estonia, Lithuania, and Poland have implemented entry bans …
Huileng Tan
2 mins read
Russian oil production could drop 18% by 2023 as the EU imposes a ban on all seaborne imports, the EIA says
Russian oil production is set to hit an 18-year low by the end of next year as the EU tightens its …
Zahra Tayeb
1 min read
Russia's oil exports plunge on EU price cap and latest round of sanctions
Russia's oil exports have plunged on the latest round of sanctions, a sign the EU ban and the price…
Jennifer Sor
2 mins read
The US has proposed that the EU apply tariffs on Russian oil to limit price rises
The tariff would come into place before the EU bans Russian oil by the end of the year and would er…
Hamza Fareed Malik
1 min read
Russia has finally admitted Western sanctions are hitting its oil exports
Secondary sanctions are spooking global banks, as some of them turn away from doing business with R…
Huileng Tan
1 min read
Russia's biggest oil company has slashed its production levels as sanctions bite, report says
Russian oil output has dropped since February, with state-owned Rosneft taking the brunt of the hit…
Harry Robertson
3 mins read
Russia's economy is hurting - and a new wave of EU sanctions aimed at crippling its 'war machine' are coming. Here are 6 key developments in the past week.
Russia's economy is suffering from Western sanctions imposed after the Ukraine invasion – and…
Zinya Salfiti
1 min read
Russia is now sending nearly 90% of its oil to Asia as EU sanctions divert crude flows
Moscow has warned it would retaliate against sanctions, and President Vladimir Putin called the pri…
Phil Rosen
1 min read
Ukraine has officially shut some Russian gas flow to Europe, marking the most direct impact to European energy markets so far in the war
The reduction in natural gas supply to Europe came after Ukraine halted flows from the key Sokhrano…
Huileng Tan
1 min read
The EU has a Russian gold ban in its sights as it hammers out its next round of sanctions: report
Russia is the world's second-largest gold miner, with $15.5 billion in annual exports, and the goal…
George Glover
2 mins read
EU ditches ban on oil tankers that ship Russian crude to third countries, but keeps restrictions on insurers, report says
The EU has watered down its proposed sanctions on anyone that ships, finances, insures or moves Rus…
Amanda Cooper
2 mins read
The EU should seize Russia's currency reserves to fund the rebuilding of Ukraine, the bloc's leading diplomat says
The EU, the US and allies froze the bulk of Russia's more than $600 billion of foreign currency res…
Harry Robertson
1 min read
A complete Russian gas cutoff would force Europe to slash consumption by up to 30%, says IEA chief
Earlier this month, Russia cut natural gas flows to Germany via the Nord Stream pipeline by 60%.