India Sees Russian Oil Ebbing as Rival Suppliers Step Up
India’s splurge on cheap Russian crude may be over, as New Delhi’s traditional suppliers in the Middle East step back in with attractive conditions.
India’s splurge on cheap Russian crude may be over, as New Delhi’s traditional suppliers in the Middle East step back in with attractive conditions.
Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive scam involving shipments of scrap metal that it uses in its recycling business.
Barclays Plc has earmarked cash from its balance sheet to hold corporate loans and compete directly with private credit funds, according to people with knowledge of the matter, as more banks look for ways to gain a foothold in the $1.5 trillion market for private debt.
The downturn gripping the UK housing market steepened in August as the cost-of-borrowing squeeze sapped demand, according to a major mortgage lender.
Russia has started early voting in occupied areas of Ukraine for regional elections deemed illegal under international law.
Swedes are increasingly pulling out of reservations to buy new-build homes as the housing market has cooled rapidly and demand for new developments dwindles.
Superdry Plc swung to an annual loss and expects no revenue growth in the current year as the fashion retailer struggles to compete with other clothing brands during the UK’s cost-of-living crisis.
The leader of the disputed Nagorno-Karabakh region announced his resignation Thursday as a standoff between Armenia and Azerbaijan over aid deliveries to thousands of people stokes international alarm.
In his first quarter at the helm of UBS Group AG, Sergio Ermotti posted a profit for the history books after the bank’s emergency acquisition of Credit Suisse.
Billionaire Anil Agarwal’s Vedanta Ltd. lobbied the Indian government to weaken key environmental regulations related to oil and mining during the coronavirus pandemic, according to an investigation by the Organized Crime and Corruption Reporting Project.