BizPulse
Valero Can Keep Pumping Profits
American refiners had an exceptional 2022. Low natural gas prices and a Russian product ban show conditions still look favorable.
Stocks Rise With Economic Data, Earnings in Focus
The S&P 500 climbed shortly after the opening bell, as investors dug into a slate of economic-data releases. Tesla shares jumped.
Russia boosts oil exports to India and China – Reuters
Shipments of Russian crude to India and China will surge by 50% in January with 70% of cargoes heading to New Delhi, the outlet reported...
Crypto-friendly El Salvador pays its sovereign debt dues
El Salvador has paid in full an $800 million bond maturing this month, President Nayib Bukele has announced Read Full Article at RT.com...
Russia’s strongest brand revealed
Russia’s biggest bank Sber has been named as the country’s most valuable brand in the prestigious Brand Finance Global 500 ranking...
Nobel-winning economist wants wealth tax
Joseph Stiglitz has suggested that governments should increase the top tax rate to 70% Read Full Article at RT.com
Western states agree to two price caps on Russian oil products...
The EU, G7, and Australia will place two price limits on Russian oil products depending on their category, the US Treasury has said...
Russia and Pakistan agree to major energy deal
Moscow and Islamabad have agreed on oil supplies and are ready to sign a deal on the construction of a gas pipeline in Pakistan Read...
Wall Street crashes on recession fears
The US stock market has been falling on weak economic data, signaling a looming downturn Read Full Article at RT.com
Russia considers slashing oil discounts
The discount on Russian oil should be reduced once the market stabilizes, Deputy Prime Minister Aleksandr Novak says Read Full Article...
Indian EV Startup EVeium launches its largest Experience...
EVeium Smart Mobility- The Indian Brand of Elegant and premium EVs has launched a new experience hub in the city of Calicut, Kerala....
Microsoft announces mass layoffs
The US technology major Microsoft has revealed it will significantly reduce its workforce in the face of a slowing global economy...
German economy to avoid recession – Scholz
Chancellor Scholz believes Germany will avoid recession in 2023 thanks to a mild winter and diversification from Russian energy supplies...
Putin allows sanctioned Russian firms to disregard shareholders...
President Vladimir Putin has allowed sanctioned Russian companies to disregard foreign shareholders from unfriendly countries Read...
EU sanctions goal is to crush Russian economy – Von der...
Western sanctions are aimed at plunging the Russian economy into a decade of recession, according to European Commission president...
Richest 1% grab two-thirds of world’s wealth – Oxfam
The world’s wealthiest people have been boosting their fortunes as the world slides into recession, Oxfam research shows Read Full...
Economists signal rising risks of US recession
The United States will probably fall into recession in the next 12 months, according to a Wall Street Journal survey Read Full Article...
EU facing diesel crisis with Russian ban looming – Bloomberg
The region will have a difficult time replacing the fuel after sanctions on seaborne Russian oil products come into force, Bloomberg...
