Oil settles below $90 as recession fears grow

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 7 (Reuters) – Oil prices slumped on Wednesday, falling below levels seen before Russia invaded Ukraine as downbeat Chinese trade data fueled investor worries about recession … Read more

Wall Street rebounds on lower yields, focuses on Fed path

Join now for FREE unlimited access to Reuters.com Register Energy stocks follow the fall in oil The Fed’s Beige Book indicates that price pressures are still lingering Fed Chairman Powell will speak on Thursday Sept 7 (Reuters) – U.S. stock indices climbed on Wednesday after a recent selloff as bond yields eased, as investors await … Read more

Putin calls for review of Ukrainian grain deal, accuses West of deception

Putin accuses Kyiv and West of flouting grain deal Says too much grain goes to EU and not to poor countries Said wants to discuss the evolution of the terms of the agreement Plans to talk to Turkish President about it soon KYIV, Sept 7 (Reuters) – President Vladimir Putin said on Wednesday he wanted … Read more

United States: Russia could be on the verge of buying “millions” of North Korean shells and rockets

State flags of Russia and North Korea fly on a street near a train station during North Korean leader Kim Jong Un’s visit to Vladivostok, Russia April 25, 2019. REUTERS/Yuri Maltsev Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 6 (Reuters) – Russia could be on the verge of buying “literally millions” … Read more

Liz Truss’ cabinet is the first in Britain without a white man in top positions

Join now for FREE unlimited access to Reuters.com Register First time no white man has held one of the top four positions Kwarteng takes finance portfolio, Cleverly at foreign office Diversity is now ‘normal’ in Britain, says expert LONDON, Sept 6 (Reuters) – Britain’s new Prime Minister Liz Truss has chosen a cabinet where, for … Read more

Power cut after explosions near Ukrainian nuclear power plant, IAEA report expected

Russia and Ukraine accuse each other of bombing a factory The nuclear power plant has been worrying for weeks The UN watchdog will issue a report on this later on Tuesday. Ukraine says Russia is bombing Kharkiv and the city of Zelenskiy KYIV, September 6 (Reuters) – Explosions erupted and power was cut off on … Read more

UK weighs in on huge package of support as Europe battles energy crisis

Manuela Schwesig, Premier of the State of Mecklenburg-Western Pomerania, and Markus Soeder, Premier of the State of Bavaria, visit a pipeline transfer station of the Baltic Sea Pipeline Link near Lubmin, Germany , August 30, 2022. REUTERS / Lisi Niesner Join now for FREE unlimited access to Reuters.com Register UK to freeze energy bills for … Read more

EXCLUSIVE Gazprom says Nord Stream 1 takeover depends on Siemens Energy

Join now for FREE unlimited access to Reuters.com Register Gazprom says the ball is in Siemens Energy’s court Siemens Energy: we don’t understand Gazprom Siemens Energy: not mandated to do maintenance Germany discusses energy rationing Russia: We will send our oil to Asia VLADIVOSTOK, Russia, September 6 (Reuters) – Russia’s biggest gas pipeline to Europe … Read more

New bombings spark nuclear fears as Kyiv and Moscow await UN report

Zaporizhzhia power plant cut off from grid but operating safely – IAEA Zelenskiy warns of near nuclear ‘catastrophe’ day before report Kyiv cites battlefield gains, including city of Kherson province European markets hit hard by closure of Russian gas pipeline KYIV, Sept 5 (Reuters) – Power to a critical nuclear power plant in Ukraine was … Read more

Asian stocks stagnate as investors await more rate action

People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 6 (Reuters) – Asian stocks largely wiped out early morning gains on Tuesday afternoon as investors remained cautious … Read more