Oil slips on uncertainty over Russia sanctions, demand in China

(Reuters) -Oil prices slid after rising earlier in the session on Thursday amid uncertainty that the euro zone will be able to effectively sanction Russian energy exports, and after consuming nations announced a huge release of oil from emergency reserves.

newspaper

07-04-2022

Activision to convert over thousand temporary workers to full-time roles

Activision Blizzard Inc said on Thursday nearly 1,100 U.S.-based temporary and contingent quality assurance workers of some divisions will be converted to full-time employees, starting July 1.

newspaper

07-04-2022

Wall St slips for third day as Fed, Ukraine weigh

(Reuters) -Wall Street's main indexes fell for a third straight session on Thursday, as growth stocks extended losses on concerns over a more hawkish Federal Reserve and the war in Ukraine.

newspaper

07-04-2022

Oil falls on uncertainty over Russia sanctions, China demand

Oil prices fell $2 after rising earlier in the session on Thursday amid uncertainty that the eurozone will be able to effectively sanction Russian energy exports, and after consuming nations announced a huge release of oil from emergency reserves.

newspaper

07-04-2022

Ex-Goldman executive banned from banking over mishandling of documents, Fed says

(Reuters) -A former Goldman Sachs managing director has been permanently barred from the banking industry over mishandling confidential documents leaked from the New York Federal Reserve, the U.S. central bank said on Thursday.

newspaper

07-04-2022

European shares stumble on hawkish Fed, Ukraine risks; defensives outperform

(Reuters) -European shares reversed early gains to skid on Thursday, as risks from a hawkish Federal Reserve and Washington's new sanctions on Russia kept investors on edge, while defensive stocks advanced.

newspaper

07-04-2022

Exxon, Chevron paid their CEOs over $22 million each last year -filings

Exxon Mobil Corp and Chevron Corp paid their chief executives more than $22 million each last year, according to securities filings released on Thursday, the day after U.S. lawmakers accused oil companies of price gouging at a time of high gasoline prices.

newspaper

07-04-2022

Pakistan central bank hikes policy rate by 250bps to 12.25% in emergency meeting

ISLAMABAD (Reuters) -Pakistan's central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said in a statement, the biggest hike in years.

newspaper

07-04-2022

Venezuela growth could hit 20% this year, Credit Suisse says: 'Not typos!'

Venezuela's economy could surge 20% this year, investment bank Credit Suisse said in a report, sharply hiking its previous forecast of 4.5% due to growing demand for its crude since Russia was sanctioned for its invasion of Ukraine.

newspaper

07-04-2022