Exclusive-G7 Coalition To Keep Russian Oil Price Cap At $60 Per Barrel -source
The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow's revenues.
Ukraine Says Black Sea Grain Deal Risks Being Shut Down
Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three of them was cleared last July under a deal between Moscow and Kyiv that was brokered by the United Nations and Turkey.
Big Investors Dump China Shares, Add Oil To Portfolios -Goldman
Managers decided to sell Chinese equities amid heightened geopolitical tensions between the world's second largest economy and the United States.
VW, Rivian, Nissan, BMW Lose Access To US EV Tax Credits
The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and are part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs or PHEVs.
US To Offer Additional Help To Ukraine For Russian War Crimes Probes
Garland said a resident legal adviser would also be dispatched to the U.S. Embassy in Kyiv this summer.
Ukraine Grain Import Bans Mount As Kyiv Seeks Transit Deal
The heat is mounting on Brussels to work out a European Union wide solution after Warsaw and Budapest announced bans on some imports from Ukraine at the weekend, with other countries in eastern Europe saying they are also considering action.
US Sets $259 Million F-16 Equipment Sale To Turkey
The deal, first reported by Reuters earlier on Monday, moves ahead with the sale of the modernization package for Turkey's aircraft, after leaders of U.S. congressional committees gave informal approval.
Oil Steady As Markets Look Ahead To China GDP Data
Brent crude was flat at $84.76 a barrel at 0004 GMT, while U.S. West Texas Intermediate was up 5 cents at $80.88 a barrel.
Asian Stocks Trim Losses As China Beats GDP Forecasts
Asia's shares pared losses on Tuesday as China's economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown.
S&P 500, Dow Futures Pare Losses After Resilient Bank Earnings
Futures tied to the S&P 500 and the Dow pared losses on Friday as resilient earnings from big U.S.
OPEC+ Cuts Partly Due To Reshaping Of Global Oil Flows, IEA Says
"The rapid upheaval in global crude trade flows, may in part explain the recent decision by OPEC+ to cut production," the IEA said.
Ukrainians Said To Pull Back In Bakhmut As Moscow Launches New Push
Ukrainian troops have been forced to withdraw from some parts of Bakhmut in the face of a renewed Russian assault on the ruined battlefield city, Britain said on Friday, with Moscow pressing to achieve a victory before Ukraine's expected counteroffensive.
Tesla Expands Discounts With Price Cuts In Europe, Singapore, Israel
Tesla last week reported first-quarter deliveries up just 4% from the previous quarter despite offering discounts in the United States, China, Japan, Australia and South Korea aimed at spurring demand.
Pakistan Gets Closer To IMF Deal After UAE Pledges $1 Billion
The external financing is needed to fully fund the balance of payments gap for the fiscal year that ends in June.
Saudi-Houthi Peace Talks In Yemen's Sanaa Conclude With Further Rounds Planned
A Saudi delegation on Thursday concluded peace talks in the Yemeni capital Sanaa with the Houthi movement whose officials cited progress and said further discussions were needed to iron out remaining differences.
IMF Urges Asia To Keep Monetary Policy Tighter For Longer
Some central banks in the region, such as Australia, have begun pausing interest rate hikes as they saw their economies and job growth moderate from the impact of global headwinds and past monetary tightening.
Ukraine Seizes Assets Of Billionaire Accused Of Aiding Russia
Novynskyi, whose wealth is estimated by Forbes at $1.4 billion, is one of the country's richest men, an ex-lawmaker and a sponsor of the Ukrainian Orthodox Church.
Pilgrims Flock To Ancient Holy Land Church As Palestinian Congregation Shrinks
One of the world's oldest churches, built on top of a cave in the Israeli-occupied West Bank and festooned with golden icons, attracts thousands of Christian pilgrims every year.
Pakistan Hopes To Seal Key IMF Bailout Agreement Soon
Pakistan's debt continues to be sustainable, International Monetary Fund (IMF) managing director Kristalina Georgieva said on Thursday, after the government reiterated it had completed all requirements to receive a critical bailout from the IMF.
Ukrainian PM Says Critical To Start Reconstruction In 2023
Shmyhal, speaking alongside U.S. Treasury Secretary Janet Yellen, said it was critically important for Ukraine to begin reconstruction this year, and said Kyiv had identified a priority funding gap of $14 billion needed this year.
Russia Says Black Sea Grain Deal May Be Nearly Over
The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in July last year to help alleviate a global food crisis.
US, UK, EU Officials Met With Financial Firms On Russian Sanctions Evasion
The firms - from the United States, Britain and Europe - assured the officials that they were working hard to avert Russian efforts to evade sanctions and export controls, said the official, speaking on condition of anonymity.
Jordan Pushing Arab Peace Plan To End Syria Conflict
Syria was suspended from the Arab League in response to Syrian President Bashar al Assad's brutal crackdown on peaceful protests.
Changing Middle East Pushes G7 To Discuss Waning Influence -diplomats
The Kingdom is also pressing ahead with efforts to thaw bilateral ties with Syrian President Bashar al-Assad, joining several other Arab states in moving to formally end Syria's regional isolation despite Western concerns.
Oil Inches Up On Tightening Supply, IEA Demand Outlook To Come
A tighter supply outlook due to lower expected production in Russia supported prices.
Asia Shares Up As Singapore Joins The Pause Camp
The dovish signals helped keep non-yielding gold near one-year highs, while the euro led the currency pack as the European Central Bank stays stubbornly hawkish.
Russia's Navalny Has Mystery Ailment Which May Be Slow Poisoning - Spokeswoman
Alexei Navalny, Russia's most prominent opposition politician, is grappling with a mystery ailment in jail that could be some sort of slow acting poison and has lost 8 kg in weight in just over two weeks, his spokeswoman said.
Most Korean Plaintiffs In Japan Forced-labour Cases Accept Seoul's Compensation Plan
The families of two deceased victims as well as the only three victims involved in the cases still alive have all rejected the government proposal.
Christian Man In Gaza Brings Dates And Water To Muslims Stuck In Ramadan Rush Hour
In the hour before sunset during Ramadan, Gaza's roads become choked with cars as people dash home in time to break their fast with their families.
Pakistan's Honda Atlas Extends Longest Production Shutdown To End April
The company announced an initial 23-day shutdown on March 8, which was expected to end on March 31. It then extended the shutdown to April 15.