Russia is not reaping the benefits of higher costs of some recent cargoes of crude oil bought by refiners in India priced above the price…
View More US says Russia not benefiting from +$60/bbl oil to India
Category: Business
G7 Sets Price Cap for Russian Oil at USD 60 Per Barrel
On December 3, 2022, G7 members formally set the highly anticipated price cap on Russian oil at 60 USD per barrel. This price cap applies…
View More G7 Sets Price Cap for Russian Oil at USD 60 Per Barrel
Russia, Ukraine set to sign deal on grain exports
Ukraine is one of the world’s largest exporters of wheat, corn and sunflower oil, but Russia’s invasion of the country and naval blockade of its…
View More Russia, Ukraine set to sign deal on grain exports
Netflix loses almost a million subscribers
After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost 1m subscribers between…
View More Netflix loses almost a million subscribers
Amazon offers to limit use of merchant data in bid to settle EU antitrust probe
Amazon has offered to limit its use of marketplace seller data and make changes to ‘Buy Box’ rankings in a bid to settle antitrust concerns…
View More Amazon offers to limit use of merchant data in bid to settle EU antitrust probe
Dutch central bank fines Binance 3.3 million euros
The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering…
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Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
Cryptocurrency lender Celsius Network said bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. New…
View More Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
Polish watchdog files charges against five banks
Poland’s antimonopoly office has filed charges against five banks it found to have acted against the interests of customers, the watchdog said on Monday. After…
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EU cuts euro zone growth forecasts, revises up inflation outlook
The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation…
View More EU cuts euro zone growth forecasts, revises up inflation outlook
The hike is (almost) here! Now for what comes next: Five questions for the European Central Bank
The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the…
View More The hike is (almost) here! Now for what comes next: Five questions for the European Central Bank