CEEU

Legendary lithium riches from Bolivia’s salt flats may still just be a mirage

SALAR DE UYUNI, Bolivia, May 23 (Reuters) – On Bolivia’s Salar de Uyuni, a vast white salt flat that feels almost otherworldly, Karina Quispe is watching from the sidelines a global resource race for the world’s largest – and almost untapped – trove of battery metal lithium. Her village on the edge of the salar …

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Ruble hits 2015 level against euro as EU prepares to pay for gas

A picture illustration shows Russian ruble banknotes of various denominations on a table in Warsaw, Poland, January 22, 2016. REUTERS / Kacper Pempel / File Photo Register now for FREE unlimited access to Reuters.com Register Rouble rallies sharply Hits strongest since June 2015 vs euro Sberbank CIB says selling gas for rubles behind rally Further …

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Germany and Italy approved Russian gas payments after nod from Brussels – sources

A model of the natural gas pipeline is seen in front of displayed word EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register Some EU states refuse to comply with Russian payment demands Others approve Russian payments …

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Exclusive: China quietly increases purchases of low-priced Russian oil

SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February. The move by the world’s biggest …

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More Russian oil going east squeezes Iranian crude sales to China

Rise in Russian sales follows Western sanctions on Moscow About 20 tankers with Iranian oil anchored off Singapore Russia and Iran consult, but still compete for buyers Russian sales rise even as China’s COVID steps hit demand LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the start of the …

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Google’s Russian subsidiary to file for bankruptcy after bank account seized

May 18 (Reuters) – Google’s Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and vendors, but free services including search and YouTube will keep operating, a Google spokesperson said on Wednesday. The Alphabet Inc (GOOGL.O) unit has been under pressure in Russia for months …

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Architect of Allianz fraud made $ 60 million as he lied to investors, US says

FRANKFURT, May 17 (Reuters) – The star portfolio manager at the center of a fraud at the US funds unit of Allianz SE (ALVG.DE) relied on the German insurer’s good name to lure investors and thrived from a lack of oversight as he pocketed $ 60 million in pay, US authorities said. Gregoire “Greg” Tournant, …

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Stock bounce fades and the dollar gains as growth fears return

LONDON, May 18 (Reuters) – A rebound in stocks ran out of steam on Wednesday as concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK inflation reading of 9% underlined just how much higher interest rates might be headed. European shares were mostly lower and futures on Wall Street pointed …

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Russians line up for final Big Mac ahead of McDonald’s exit

A view shows a closed McDonald’s restaurant in Moscow, Russia May 16, 2022. REUTERS / Evgenia Novozhenina Register now for FREE unlimited access to Reuters.com Register May 17 (Reuters) – Russians lined up in a Moscow train station on Tuesday for what may be their last Big Mac from one of the few McDonald’s (MCD.N) …

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