Fed chair Powell is not done telling markets where rates will go
Since it began its current round of interest-rate hikes this year, the U.S. Federal Reserve has aimed to let investors know ahead of time not…
Category: Business
German firms weigh options to save gas, warn may need to cut output
German firms are attempting to reduce gas use in response to a government plea to spare reserves, but savings may be limited without production cuts,…
Logitech CEO sees semiconductor chip shortage over by end of 2022
Logitech International (LOGN.S) is seeing the impact of the global semiconductor chip shortage moderating, Chief Executive Bracken Darrell said on Tuesday, saying he expects problems…
Ukraine says Russia increased gas pipeline pressure without prior notice
Russian gas giant Gazprom (GAZP.MM) has sharply increased pressure in the Urengoy-Pomary-Uzhgorod pipeline that delivers Russian gas to Europe without prior notice, the Ukrainian state…
Drop in BlackRock’s support for environmental, social resolutions
BlackRock Inc , the world’s No.1 asset manager, reported on Tuesday a sharp drop in its support for environmental and social-related shareholder resolutions, saying many…
Kremlin: Nord Stream 1 turbine not arrived yet, a second has defects
The Kremlin said on Tuesday that a gas turbine for Nord Stream 1, Russia’s biggest gas pipeline to Europe, had not yet arrived after maintenance…
Uniper: gas deliveries from Russia at a third of nominated volumes
Uniper (UN01.DE), Germany’s largest importer of Russian gas, on Tuesday said Russia delivered a third of contractually agreed gas volumes, a spokesperson for the company…