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
China factory activity tops expectations in April — but growth slows as new orders soften
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations in April, although growth slowed from the prior month when it hit a year-high, as new orders saw a […]
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World
CNBC Daily Open: Trump’s big threats and Big Tech’s bigger wallets
Iran is back at the top of our headlines after U.S. President Donald Trump threatened Tehran again. Source
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World
Asia-Pacific markets open lower as oil climbs on Iran tensions, Fed holds rates
A man passes an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 31, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets opened mostly lower Thursday, tracking overnight losses in key Wall Street benchmarks as […]
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