Nord Stream said the destruction of three separate gas pipelines in the Baltic which it operated was unprecedented, and it was not possible at this time to estimate when the pipelines might be repaired and […]
Russia will likely propose a cut of 1 million barrels per day in production output at the next OPEC+ meeting, according to a new report from Reuters. The report came on the heels of comments […]
On Sunday RWE, a German utility company, announced it has cemented a deal with Abu Dhabi National Oil Company (ADNOC) for the supply of Liquid Natural Gas (LNG). However, indicative of the tightness of the […]
Stocks were mixed at the close Tuesday, as the S&P 500 settled to a new 2022 low, and the Dow Jones Industrial Average fell even deeper into a bear market, after a day of tumultuous […]
A new Bloomberg report reveals Apple has dropped plans to increase production of its new iPhones, as demand failed to materialize. The company has requested that suppliers cease all efforts to increase assembly of the […]
US stocks rallied Wednesday and Treasury yields retreated as investors were buoyed by a surprise decision by the Bank of England. The S&P 500 rose nearly 2% as the Dow Jones Industrial Average was up […]
UK banks have begun withdrawing mortgage products due to rapidly rising interest rates, and that has triggered a steady decline in home sales. According to data compiled by Moneyfacts Group, there was a 9% drop […]
Germany’s food producers are warning that rising energy prices may soon force them to shut their doors. The German Frozen Food Institute and the Association of German Cold Storage and Logistics Companies recently released an […]
As the global economy hurtles to a recession, experts are noting India is unusually well positioned to avoid being plunged into similar economic straits, due to the nations’ decoupling from the broader global economy, according […]
Two US regulators announced on Tuesday that financial institutions, including Goldman Sachs, Bank of America, and Morgan Stanley, were hit with $1.8 billion in penalties over incidences of their staff using personal devices to discuss […]
Copyright © 2022 | Sandstone Group