S&P 500 and Nasdaq post biggest monthly gains since 2020

Apple sees iPhone demand continues to strengthen Amazon expects revenue to increase in third quarter Intel lowers its annual forecast, shares fall Oil giants Exxon and Chevron jump after record revenues Indices: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9% NEW YORK, July 29 (Reuters) – U.S. stocks increased their recent rally on … Read more

Shell breaks record again with $11.5 billion in profits

General view of a Shell petrol station sign in Milton Keynes, Britain January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Join now for FREE unlimited access to Reuters.com Register Shell announces $6 billion buyout program Refining margins triple in second quarter Solid profits on gas and electricity trading LONDON, July 28 (Reuters) – … Read more

Russia further cuts gas flows as Europe pleads for savings

Pipes from the Nord Stream 1 gas pipeline landing facilities are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke/ Join now for FREE unlimited access to Reuters.com Register BERLIN/FRANKFURT, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy standoff between Moscow and the European … Read more

Europe agrees to compromise gas restrictions as Russia cuts supply

Gas pipeline model, EU and Russian flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register EU ministers agree to urgently reduce gas consumption Voluntary reductions would become binding in the event of a supply emergency The final agreement exempts many countries, industries EU rushes to save gas as Russia … Read more

Oil rises for a second day on supply issues

The pattern of oil barrels is seen in front of the rising stock market chart in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Russian Gazprom tightens pressure on gas flows to Europe The Fed is expected to raise rates by 75 basis points on Wednesday Brent … Read more

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Gazprom says shutting down turbine will further reduce gas to Germany UN hopes for grain exports within days US explores land routes after Russian strike KYIV, July 26 (Reuters) – Russia said it would cut gas supplies to Europe from Wednesday, dealing a blow to countries that have backed Ukraine, just as economic pressures were … Read more

Russian Gazprom tightens pressure on gas flows to Europe

This content was produced in Russia, where law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 25 (Reuters) – Russia tightened its gas tightening on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 gas pipeline to Germany would fall to just 20% of capacity. Gazprom said flows would … Read more

Russian Gazprom tightens pressure on gas flows to Europe

This content was produced in Russia, where law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 25 (Reuters) – Russia tightened its gas tightening on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 gas pipeline to Germany would fall to just 20% of capacity. Gazprom said flows would … Read more