US Senate approves bill to fight climate change and cut drug costs in favor of Biden

WASHINGTON, Aug 7 (Reuters) – The U.S. Senate on Sunday passed a sweeping $430 billion bill to tackle climate change, cut drug prices and raise some corporate taxes, a major victory for President Joe Biden whom Democrats hope to bolster their chances of retaining. control of Congress in this year’s elections. After a marathon 27-hour … Read more

Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices punished … Read more

Oil prices fall to lowest since before Ukraine invasion as fears of recession weigh

FILE PHOTO – A PetroChina worker inspects a pump cylinder at an oilfield in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Join now for FREE unlimited access to Reuters.com Register BoE raises rates and warns of recession risks Saudi Arabia and the United Arab Emirates save their oil firepower in the … Read more

Oil drops to near 6-month lows after surprise U.S. crude oil and gasoline builds

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register U.S. crude and gasoline inventories rise unexpectedly – EIA OPEC+ decides on a small increase of 100,000 bpd in production … Read more

Ukrainian grain ship heads for safe waters, but the economy is still in the doldrums

Ukrainian grain vessel inspected in Turkey Ship, bound for Lebanon, transits through the Bosphorus The expedition is the first of its kind to leave wartime Ukraine But the Ukrainian leader says much more is needed Kyiv must urgently ship 10 million tons to reduce its deficit KYIV/ISTANBUL, Aug 3 (Reuters) – Ukrainian President Volodymr Zelenskiy … Read more

US targets Chinese, Emirati companies in new Iranian oil sanctions

The gas pump model is seen in front of the colors of the American and Iranian flags in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 2 (Reuters) – The United States on Monday imposed sanctions on Chinese and other companies it says helped … Read more

US claims Russia is using ‘nuclear shield’ in Ukraine and risks terrible accident

US claims Russia uses ‘nuclear shield’ First grain ship leaves Ukraine Ukraine says 22,000 Russian troops ready to advance south Foreign fighters enter Lugansk, governor says Ukraine says to take back 50 towns from Kherson UNITED NATIONS/Kyiv, Aug 2 (Reuters) – The United States has accused Russia of using Ukraine’s largest nuclear power plant as … Read more