JPMorgan’s Dimon warns of possible $1 billion Russia loss

Dimon concerned about secondary impact of Ukraine conflict Dimon calls for increased US military presence in Europe Dimon urges revamp of US supply chain Fed rate hikes could be higher than market expectations -Dimon NEW YORK, April 4 (Reuters) – JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon … Read more

Oil rises above $105 as supply concerns persist

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register Iran blames US for halt to Vienna nuclear talks IEA agrees to release more oil Yemen’s warring parties … Read more

Oil prices fall after truce in Middle East conflict, petroleum reserve news

A worker checks a tank at Nahr Bin Umar oil field, north of Basra, Iraq March 22, 2022. REUTERS/Essam Al-Sudani Register now for FREE unlimited access to Reuters.com Register Oil prices extend losses from last week UAE welcomes two-month truce in Yemen – state news agency Price falls come after SPR news last week NEW … Read more

Lithuanian documentary maker Kvedaravicius killed in Ukraine’s Mariupol

VILNIUS, April 3 (Reuters) – Lithuanian film director Mantas Kvedaravicius was killed on Saturday in Mariupol, the Ukrainian city whose fate he had documented for many years, according to the Ukrainian Defense Ministry and a colleague. “While (he was) trying to leave Mariupol, Russian occupiers killed Lithuanian director Mantas Kvedaravicius,” the ministry’s information agency tweeted … Read more

Russia’s Gazprom exits German business amid crisis in energy ties

Model of petrol pump is seen in front of Gazprom logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, April 1 (Reuters) – Russia’s Gazprom (GAZP.MM) said on Friday it was quitting its business in Germany at a moment of crisis in the vital … Read more

Deliberate infection trial finds COVID symptoms don’t indicate viral shedding

A 3D-printed coronavirus model is seen in front of the words coronavirus disease (Covid-19) on display in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register April 1 (Reuters) – The world’s first “human challenge” trial in which volunteers were deliberately exposed to the coronavirus has … Read more

EXCLUSIVE US warned firms about Russia’s Kaspersky software day after invasion -sources

US government privately briefed American companies on software Kaspersky says briefings unjust and damages its reputation March 31 (Reuters) – The US government began privately warning some American companies the day after Russia invaded Ukraine that Moscow could manipulate software designed by Russian cybersecurity company Kaspersky to cause harm, according to a senior US official … Read more

European stocks set for biggest quarterly drop since 2020

A DAX logo is pictured at the trading floor of the stock exchange in Frankfurt, Germany December 29, 2017. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register LONDON, March 31 (Reuters) – European stocks edged lower on Thursday and were set for their biggest quarterly drop since the start of 2020, while … Read more

Cucumber crisis: surging energy prices leave British glasshouses empty

Cost of growing a cucumber to jump from 25p to 70p High energy costs mean crops not planted Pressures likely to push food prices higher ROYDON, England, March 31 (Reuters) – In a small corner of south-east England, vast glasshouses stand empty, the soaring cost of energy preventing their owner from using heat to grow … Read more

Oil prices dive as US considers record reserves release

US considers release of 180 mln barrels of oil -sources OPEC+ expected to stick to existing oil output deal SINGAPORE, March 31 (Reuters) – Oil prices plunged on Thursday on news that the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near … Read more