Russian war leads European bloc to push for faster trade deals
A group of European Union countries are pushing to kick start negotiations on stalled free-trade agreements as Russia’s war with Ukraine threatens the bloc’s economic…
Oil rallies as EU proposes phasing out Russian supply this year
Oil jumped as the European Union proposed to ban Russian crude over the next six months and refined products by the end of the year.
Biden accuses China of trying to interfere with competition bill
President Joe Biden on Tuesday accused the Chinese government of trying to interfere in negotiations over a broad China competition bill that would bolster domestic…
Record oil exports test Trudeau’s climate-change ambitions
Canada is becoming more reliant on the fossil-fuel sector, even as Prime Minister Justin Trudeau seeks to strengthen the country’s policies on climate change.
Metals billionaire Usmanov files appeal over EU Russia sanctions
Russian metals billionaire Alisher Usmanov appealed the European Union’s decision to impose strict sanctions on him in response to Russia’s invasion of Ukraine.
EU raises pressure on Russia, targeting oil and biggest bank
The European Union plans to ban Russian crude oil over the next six months and refined fuels by the end of the year as part…
Maersk lost more than $700 million from Russia in quarter
A.P. Moller Maersk A/S said it lost more than $700 million in the first quarter from the war in Ukraine as the transport giant counts…
US trade deficit swells to record as goods imports surge
The U.S. trade deficit widened to a record in March, reflecting a surge in imports as companies relied on foreign producers to meet solid domestic…
India wants Russia to discount is oil to below $70 a barrel
India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn…
China’s tariffs overwhelm Australian winemakers as exports fall
Australian wine exports slumped as an effective blockade by China overwhelmed efforts by producers to find buyers in other markets.
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