World
Putin should think about the consequences of asking for energy payments in rubles, Germany says
Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles. Russia’s Putin said last week that “unfriendly” nations would be asked to pay for their natural gas in rubles — causing a spike in European gas prices. By asking for payments in the Russian currency […]
Read More
Saudi energy minister says oil alliance OPEC+ will leave politics out of output decisions
Saudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. Yves Herman | Reuters Saudi Arabia’s energy minister said Tuesday that OPEC+ will keep politics out of its decision-making in favor of the “common good” of stabilizing energy prices. […]
Read More
Turkey’s Erdogan opens latest Russia-Ukraine talks; Moscow said to be resetting its forces
Russia-Ukraine talks set to begin in Istanbul A spokesperson for the Turkish Foreign Ministry has told NBC News that talks between Russia and Ukraine will begin at 10:30 a.m. Istanbul time (4:30 a.m. ET). He added that it was possible there may be some delays. Turkish President Recep Tayyip Erdogan speaks ahead of the peace […]
Read More
Sequoia leads $80 million funding round for Swiss expense management start-up Yokoy
Sequoia Capital is betting the next European tech giant will emerge in Switzerland. The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform that helps large companies manage their expenses, invoicing and credit card processing. Previous investors Left Lane and Balderton Capital also took part […]
Read More
Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. A “fragile” geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the bourse’s CEO […]
Read More
This is the bull case for stocks, according to Credit Suisse, as banks remain divided on the recession risk
Here’s Credit Suisse’s “bull case for stocks,” along with a summary of how others on Wall Street see the recessionary risk. Source
Read More
Solomon Islands prime minister says backlash to security negotiations with China ‘very insulting’
Solomon Islands Prime Minister Manasseh Sogavare speaks during a panel discussion at the Lowy Institude in Sydney on August 14, 2017. Saeed Khan | Afp | Getty Images Solomon Islands Prime Minister Manasseh Sogavare said the backlash to his country’s security negotiations with China was “very insulting,” in his first comments on a security treaty […]
Read More
Hong Kong faces ‘tough balancing act’ as it looks to ease some border restrictions, official says
Hong Kong faces a tough balancing act as the city aims to lift some border restrictions for international travelers starting next month, according to a government official. The Chinese territory intends to ease a travel ban on flights from nine countries, including the U.S., U.K. and Australia, and allow those travelers to quarantine in a […]
Read More
Was it worth it? F1 race in Saudi Arabia raises questions
An Aramco oil depot was engulfed in flames after a missile attack claimed by Yemen’s Houthis. The strike came on the eve of the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit. Peter J Fox | Getty Images When a missile flew into an oil depot close to the track hosting the […]
Read More
Bill Gates and Blackrock are backing the start-up behind hydropanels that make water out of thin air
They’re like solar panels, except instead of electricity, they produce water. Source Global’s hydropanels create water out of thin air and bring it where it’s most needed. CEO Cody Friesen invented the panels in 2014 at Arizona State University’s Ira A. Fulton Schools of Engineering, where he’s on the faculty. A year later, he turned […]
Read More