Russia seeks new fuel markets in Africa, Middle East as Europe turns away

Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking bigger volumes of Russian crude, Refinitiv Eikon data showed and sources said.

newspaper

23-06-2022

Russian oil tankers get India safety cover via Dubai company

NEW DELHI/LONDON (Reuters) -India is providing safety certification for dozens of ships managed by a subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.

newspaper

23-06-2022

Japan's June factory activity growth eases on China curbs - flash PMI

Japan's factory activity growth slowed in June as China's strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high on the fading pandemic drag.

newspaper

23-06-2022

Cargill's Brazil unit stores corn outside silo as harvesting gathers pace

At least one unit of U.S. grain trader Cargill in Brazil's Mato Grosso state is storing corn in open air outside silos, according to images posted on Twitter on Wednesday, reflecting the rapid pace of harvesting this season.

newspaper

22-06-2022

Instant view: Fed 'strongly committed' to bring down inflation 'expeditiously,' Powell says

The Federal Reserve is "strongly committed" to bringing down inflation that is running at a 40-year high and policymakers are acting "expeditiously to do so," U.S. central bank chief Jerome Powell said on Wednesday.

newspaper

22-06-2022

U.S. consumer watchdog to review 'excessive' credit card late payment fees

WASHINGTON (Reuters) -The top U.S. consumer watchdog on Wednesday said it had begun a review of "excessive" credit card fees and asked card issuers for data on revenue and expenses in a bid to stamp out abuses and boost competition.

newspaper

22-06-2022

Exclusive: Russian oil tankers get India safety cover via Dubai company

India is providing safety certification for dozens of ships managed by a subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.

newspaper

22-06-2022

U.S. consumer watchdog issues review of excessive credit card fees

WASHINGTON (Reuters) -The top U.S. consumer watchdog on Wednesday unveiled a measure that would scrutinize excessive credit card fees and demand card issuers disclose more data around revenue and expenses in a bid to stamp out abuses and boost competition.

newspaper

22-06-2022

TPG to acquire remaining stake in Convey Health, shares surge

Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does not already own, in an all-cash transaction announced on Tuesday.

newspaper

22-06-2022