The average Russian oil price used for taxation purposes declined in June to $63.52 per barrel, down by almost 27% from the previous month, according to the economy ministry's data published on Thursday, due to a decline in global oil prices.In May, the price stood at $86.52 per barrel.The price in…
PALMER LUCKEY’S EREBOR BANK EYES AT LEAST $8 BILLION VALUATION - BLOOMBERG NEWS
By Khushi MalhotraIndian government bonds rose sharply on Thursday, as growing foreign demand driven by hopes of inclusion in Bloomberg's flagship bond index and easing inflation concerns from lower oil prices lifted prices.The benchmark 6.94% 2036 bond yield (IN069436G=CC) ended at 6.7180%, down f…
WHY FOREIGNERS LIKE UK EQUITIES RIGHT NOWEuropean, and UK, equity markets haven't seen the same steep, fast-paced tech-fuelled gains as some other regions around the world. In large parts, that can simply be explained by the fact that there there just aren't as many tech, chip, and AI-exposed heavy…
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Indian consumer goods maker Marico NSE:MARICO said on Thursday it expects consolidated first-quarter revenue to grow in the low-twenties percentage range, helped by robust performance across its core, digital and international businesses.Here are the details:
By Alun John and Stella QiuThe dollar eased on Thursday ahead of U.S. jobs data that could either support or challenge market expectations of a Fed interest rate hike this year, while oil prices slid again and chipmaker stocks struggled after a stellar quarter.Money market pricing currently indicat…
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Hungarian energy company MOL's BET:MOL Slovak refinery Slovnaft raised crude processing by 23 % in 2025 to 5.9 million metric tons, including 1 million tons of non-Russian crudes, Slovnaft said on Thursday.Slovnaft is primarily supplied by the Druzhba pipeline bringing Russian oil and also by the A…
By Hadeel Al Sayegh, Federico Maccioni and Yousef SabaKuwait Petroleum Corporation is asking some global funds bidding for a $7 billion stake in its oil pipeline network to recruit other investors to help consolidate bids, three sources familiar with the matter told Reuters.This will also ensure sm…
Chicago corn, wheat and soybean futures rose for a third session on Thursday, underpinned by U.S. planting and stocks estimates as well as hopes of renewed Chinese demand.Gains were capped by falling oil prices ICEEUR:BRN1!, ample global grain supply and broadly favourable U.S. Midwest conditions…
Rebels in Indonesia's restive easternmost region of Papua on Thursday shot dead an American pilot and set a civilian plane on fire in what a spokesperson for a local separatist group described as a "message" to the U.S. and Indonesian governments.A low-level battle for independence from Indonesia h…
NATO will announce plans at next week's Ankara summit to replace its ageing fleet of AWACS aircraft with GlobalEye surveillance planes from Sweden's Saab OMXSTO:SAAB_B, four sources familiar with the matter said.NATO, whose members are due to meet in the Turkish capital on July 7 and 8, did not imm…
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