Indian oil refiners are snapping up cheap Russian crude
Indian refiners are loading up on Russian oil as prices of the nation’s crude plunge to unprecedented lows.
Russia’s chip supply at risk from US-led sanction push
The Biden administration and EU’s call for sanctions against Russia will jeopardize the country’s ability to buy semiconductors and other technology -- and it could…
How the lawyers see sanctions affecting Russian commodities
Commodity traders are grappling with a host of Western sanctions on Russia, but they’re not yet prohibiting deals with the country.
Russia ban on U.K. flights sends British Airways off course
Russia banned U.K. airlines from its territory, a move meant to punish London for imposing sanctions on Aeroflot over the attack on Ukraine.
British Airways owner IAG sees return to profit this spring
British Airways owner IAG SA said it should turn profitable from the second quarter, joining other European carriers in predicting a travel rebound in coming…
DHL Global Forwarding launches GoGreen Plus Service to reduce emissions in air freight
After the successful implementation in ocean freight, customers can now easily book GoGreen Plus for air freight • The launch is a key milestone in…
Russian commodities trade feels chill as banks limit finance
Russia’s invasion of Ukraine showed the first signs of stifling trade in vital raw materials, as the money that lubricates the flow of everything from…
Biden deflects Democrats’ pleas to boot Russia from Swift
President Joe Biden said booting Russia from the critical Swift global financial messaging system is off the table for now even as leaders in his…
Japan steel giant eyes alternatives to Russia, Ukraine iron ore
Nippon Steel Corp., bracing for possible disruptions to its iron-ore supplies from Russia and Ukraine, is planning to make up any shortfall by buying more…
Biden spares Russia’s crucial energy exports from sanctions
Russian energy exports escaped sanctions from the U.S. as President Joe Biden toughens restrictions on the country while avoiding measures that could send oil prices…
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