Stocks step back, oil bounces as peace talks stall

FILE PHOTO – Monitors displaying the stock index prices and Japanese yen exchange rate against the US dollar are seen after the New Year ceremony marking the opening of trading in 2022 at the Tokyo Stock Exchange (TSE), amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 4, 2022. REUTERS/Issei Kato Register now for … Read more

Wall Street stocks, oil prices rise after aggressive Fed hike outlook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 17, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Investors assess aggressive Fed outlook Treasury yield curve steepens Wall Street indexes climb Oil prices jump 8% Gold up for second straight session NEW … Read more

Remorseful Shell abandons Russian oil

A 3D printed natural gas pipeline is placed in front of displayed Shell logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com Register Shell to stop all spot purchases of Russian crude oil Says it’s sorry it bought Russian crude cargo last week Shell says Russia … Read more

Oil, commodities surge amid selloff in global shares

Update prices; adds oil’s close, analyst comments NEW YORK, March 7 (Reuters) – Oil and other commodities prices soared while global shares tanked on Monday as the United States said it was willing to ban Russian oil imports, stoking investor fears over inflation and slowing economic growth. Brent, the international benchmark, briefly hit more than … Read more

Oil prices hit 14-year highs on Russia oil ban talks, Iran deal delay

Brent, WTI jump to highest levels since 2008 US, Europe discuss banning Russian oil imports Iranian nuclear talks clouded by Russian demands US and Venezuela discussed oil sanctions BENGALURU, March 7 (Reuters) – Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies … Read more

Uniqlo owner stays put in Russia as Levi, AMEX and others sever ties

Uniqlo’s Russian stores to stay open Danone suspends investments in country KPMG, PwC, EY, Deloitte all cut ties with local units American Express calls Ukraine attack ‘unjustified’ March 7 (Reuters) – Uniqlo owner Fast Retailing (9983.T) will keep its stores in Russia open, joining a small group of international firms that are staying put even … Read more