international-trade
Top StoriesU.s.’ Pelosi Warns Britain: No Trade Deal Unless You Respect N.Irish Peace Deal
Top StoriesMore Russian Oil Going East Squeezes Iranian Crude Sales to China
Top StoriesUK Sanctions Russian Airlines to Prevent Them Selling Landing Slots
Top StoriesExplainer-Why U.S. Nuclear Deterrence Tops S.Korea’s Agenda for Biden Summit
Turkey’s Flo in Talks to Take Over Reebok’s Stores in Russia – Chairman
Date: May 16, 2022
By Ceyda Caglayan ISTANBUL (Reuters) – Turkish shoe retailer FLO Magazacilik is in talks to buy more than 100 stores owned by fitness brand Reebok in Russia, FLO Chairman Mehmet Ziylan said on Monday, as Western companies rush to comply with sanctions over the Ukraine conflict. Ziylan said a deal had not been finalised, denying...
Shanghai Aims for June 1 Return to Normal as Covid Lockdown Batters Economy
Date: May 16, 2022
By Brenda Goh and Kevin Yao SHANGHAI/BEIJING (Reuters) -Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has lasted more than six weeks, heavily bruising China’s economy, and for the return of more normal life from June 1. In the clearest timetable yet, Deputy Mayor Zong Ming said Shanghai...
Russia Sanctions European Gas Companies, Polish Part of Gas Pipeline
Date: May 12, 2022
(Reuters) – Russia has imposed sanctions against units of Gazprom Germania, in which its gas producer Gazprom ceded ownership, and also against EuRoPol GAZ SA, owner of the Polish part of the Yamal-Europe gas pipeline. BACKGROUND: The United States and its allies have imposed the most severe sanctions in modern history on Russia and Moscow’s...
Exclusive-Ukraine Will Not Reopen Gas Route Until It Controls Pipeline System
Date: May 12, 2022
By Pavel Polityuk KYIV (Reuters) – Ukraine will not reopen the Sokhranovka gas transit route from Russia to Europe until Kyiv obtains full control over its pipeline system, the head of operator GTSOU told Reuters on Thursday. The company on Tuesday declared force majeure citing gas theft by Russia-backed separatists and halted flows via Sokhranovka,...
Shell Sells Russian Retail Business to Lukoil
Date: May 12, 2022
(Reuters) -Russia’s second-largest oil producer Lukoil will buy Shell’s Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the country following its Ukraine invasion. The deal includes 411 retail stations, mainly located in the Central and Northwestern regions of Russia, and the Torzhok...
In U-Turn, Iea Sees World Weathering Lost Russian Oil Supply
Date: May 12, 2022
By Noah Browning LONDON (Reuters) -The world will not be left short of oil even with lower output from sanctions-hit Russia, the International Energy Agency (IEA) said on Thursday, in a U-turn after it predicted a possible “global supply shock” in March. The IEA, after warning on March 16 that 3 million barrels per day...