Alfred Stern, CEO of OMV, said the energy company is “trying to find sanction-conformed solutions” after Russia demanded payment for gas in rubles.
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It’s almost impossible for Europe to replace Russian gas in the short-term, OMV CEO says
World
Iga Swiatek defeats Amanda Anisimova 6-0, 6-0 to win her first Wimbledon title
Poland’s Iga Swiatek poses with the trophy alongside runner-up Amanda Anisimova of the U.S. after the women’s singles final at Wimbledon on July 12, 2025. Stephanie Lecocq | Reuters Iga Swiatek won her first Wimbledon championship with a 6-0, 6-0 victory over Amanda Anisimova on Saturday in the first women’s final at the tournament in […]
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Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses
To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and […]
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The markets are telling you not to worry with steep drop in volatility. Should you listen?
As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment universe […]
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