G7 lifts sanctions on Russia, approaches oil price ceiling agreement

G7 announces new sanctions on Russia on Tuesday – US official G7 to work with other countries, the private sector on oil price ceiling Japan tries to lower zero-emission vehicle target from G7 statement Schloss Elmau, Germany, June 27 (Reuters) – The Group of Seven rich democracies will commit on Tuesday to a new, coordinated … Read more

Legal clashes await US companies that cover workers’ abortion costs

Abortion rights advocates protest before the US Supreme Court the day after the Supreme Court ruling in Dobbs v. Women’s Health Organization for Abortion, overturning the landmark Roe v. Wade abortion decision, in Washington, US, June 25, 2022. REUTERS/Elizabeth Frantz Register now to get free unlimited access to Reuters.com Register June 26 (Reuters) – A … Read more

Biden says G7 must hold together as gold sanctions target Putin’s ‘war machine’

Biden says Russia failed to divide the G7 Biden condemns the “barbarism” of the bombing of Kyiv with missiles Gold ban targets ‘Putin’s war machine’, says British PM A ceiling on import oil prices is also being discussed, says a German source It is not clear whether the EU will support a ban on gold … Read more

Ukrainians prepare to withdraw from the besieged city of Severodonetsk as Russians advance slowly

Ukraine’s EU candidacy will strengthen Europe – Zelensky Ukrainian forces take new positions in Severodonetsk Russia bombs targets across the Donbass River The war marks four months since the invasion Kyiv (Reuters) – Ukraine on Friday signaled the withdrawal of its forces from the city of Severodonetsk, which has seen weeks of intense bombing and … Read more

US meets with refineries on high pump prices; No plan yet – sources

US Energy Secretary Jennifer Granholm has expressed interest in a possible lifting of gasoline rules to combat smog to combat high pump prices and backed away from a plan to ban fuel exports during a wide-ranging meeting with refiners, two industry sources said. Thursday. With tensions rising between US President Joe Biden and Big Oil, … Read more

Novartis selects Precision Bio to introduce in vivo gene-editing means for blood disorders

Genetic drugs under development for blood disorders include many treatments that are made by taking a patient’s cells and releasing them outside the body. Novartis is one company that is testing this approach, but it also sees advantages in treating these diseases with treatments that work inside the patient. The pharmaceutical giant is turning to … Read more

Russia East Ukraine pound, Putin on the occasion of World War II anniversary

Luhansk region is the hardest place, says the president of Ukraine Russia has an artillery advantage while Ukraine demands heavy weapons Putin celebrates the day 1941 when Hitler invaded the Soviet Union (Reuters) – Ukrainian and Russian forces entrenched themselves in the battlefields of eastern Ukraine on Wednesday, a day commemorating Hitler’s invasion of the … Read more

Oil price rises with strong demand and tight supply

Models of oil drums and a pump lever are shown in front of a stock spiraling graph and the “$100” in this illustration was taken on February 24, 2022. REUTERS/Dado Rovich/Illustration Register now to get free unlimited access to Reuters.com Register Exxon Mobil CEO predicts that the tight oil market will continue in the past … Read more

Ukraine braces for Russian storm in east ahead of EU meeting

Luhansk governor says the situation is ‘extremely difficult’ The Kremlin says the captured Americans are mercenaries EU to decide on Ukraine’s membership bid this week Russia threatens to retaliate against Lithuania Kyiv (Reuters) – Ukraine on Tuesday acknowledged the difficulties of fighting in its east as Russian forces regrouped after mounting pressure and making progress … Read more

China’s oil imports from Russia may rise to a record high, overtaking Saudi Arabia’s largest oil supplier

Oil and gas tanks at an oil depot in the port of Zhuhai, China, October 22, 2018. (Reuters) / Ali Song Register now to get free unlimited access to Reuters.com Register Russia overtakes Saudi Arabia as the largest supplier after a gap of 19 months Russia imports nearly two million barrels per day in May … Read more