LONDON—Oil prices fell around $7 a barrel on Monday as investors pinned hopes on diplomatic efforts between Ukraine and Russia to end their conflict, while a surge in COVID-19 cases in China spooked the markets. Brent was down by $6.78, or 6 percent, at $105.89 a barrel at 1358 GMT and U.S. crude fell $7.01,…
Oil Falls $7 on Russia-Ukraine Talk Hopes, China Lockdowns
March 14, 2022
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World Shares Mixed, Oil Down $5.50 per Barrel
BANGKOK—Shares rose in Europe after a mixed session in Asia on Monday, where Hong Kong’s Hang Seng index sank 5 percent after the neighboring city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in two years. Benchmarks rose in Frankfurt, Paris, and Tokyo and U.S. futures were higher. Oil prices…
European Shares Rise on Ukraine Hopes; Volkswagen Surges on Strong Results
European stocks rose on Monday as investors pinned their hopes on diplomatic efforts by Ukraine and Russia to end weeks-long conflict, while shares in Volkswagen surged after the German carmaker doubled its operating profit. The pan-European STOXX 600 index gained 1.0 percent, extending gains from Friday when Russian President Vladimir Putin signaled a positive shift…
Volkswagen Warns of Risks From Ukraine Crisis as Operating Profit Doubles
FRANKFURT—Volkswagen AG, Europe’s top carmaker, doubled its operating profit in 2021 but warned that Russia’s invasion of Ukraine and its impact on supply chains could hit business this year in unforeseen ways. Carmakers are scrambling to find alternative sources of vital parts made in Ukraine, including wire harnesses, from as far afield as China and…
Russia’s Gazprom Says Continues Gas Shipments via Ukraine at Same Volume
March 12, 2022
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Russian natural gas company Gazprom said on Saturday it was continuing gas shipments via Ukraine at an unchanged volume of 109.5 million cubic metres a day.
Russia-Ukraine (March 12): Fighting Rages Outside Kyiv
The latest on the Russia–Ukraine crisis, March 11. Click here for updates from March 11. Fighting raged northwest of Kyiv on Saturday, with the bulk of Russian ground forces 25 km (16 miles) from the centre of the Ukrainian capital, while several other cities were encircled and under heavy shelling, the UK Defence Ministry said….
Russia-Ukraine (March 12): US Soldiers Continue to Deploy to Europe
The latest on the Russia–Ukraine crisis, March 11. Click here for updates from March 11. US Soldiers Continue to Deploy to Europe U.S. soldiers are continuing to deploy to Europe, joining thousands already sent overseas to support NATO allies amid Russia’s invasion of Ukraine. About 130 soldiers from the 87th Division Sustainment Support Battalion, 3rd…
LIVE UPDATES: Russia Warns US Over Shipments of Military Equipment to Ukraine
March 12, 2022
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The latest on the Russia–Ukraine crisis, March 11. Click here for updates from March 11. Russia Warns US Over Shipments of Military Equipment to Ukraine A senior Russian diplomat is warning that Moscow could target Western shipments of military equipment to Ukraine. Speaking Saturday, Deputy Foreign Minister Sergei Ryabkov said that Moscow has warned the…
LIVE UPDATES: Zelensky Says He Is Ready for Negotiation With Russia
March 12, 2022
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The latest on the Russia–Ukraine crisis, March 11. Click here for updates from March 11. Zelensky Says He Is Ready for Negotiation With Russia Ukrainian President Volodymyr Zelensky has expressed his readiness for peace talks with Russia in Jerusalem. ____ Ukraine Says Russian Captured the Eastern Outskirts of Mariupol Ukraine’s military says Russian forces have captured the…
Russia Looking at Sourcing Aircraft Spare Parts From Asia
March 11, 2022
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Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet decided whether to buy foreign airplanes leased by Russian airlines. Sanctions have already cut off the supply of most aircraft and parts to Russia and forced its carriers to cancel…
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