Analysis: The G7 Russian oil price cap has evolved from revenue pressure into a market fulcrum

WASHINGTON (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they vowed to squeeze revenue for Russia’s war machine, while avoiding a devastating oil price hike. But people familiar with the mechanism’s development and energy analysts said keeping Russian oil … Read more

Foxconn expects COVID-hit China factory to return to full capacity in late December and early January – Source

TAIPEI, Dec. 5 (Reuters) – Apple supplier Foxconn (2317.TW) It expects the COVID-hit Zhengzhou factory in China to resume full production in late December to early January, a Foxconn source said Monday, after labor unrest last month that disrupted the world’s largest iPhone factory. The world’s largest electronics maker said later Monday that revenue in … Read more

Analysis: Apple’s supply chain data shows exposure to China declining as risks mount

SHANGHAI, Nov. 30 (Reuters) – Apple Inc (AAPL.O) The company’s supply chain data showed that widespread exposure to Chinese manufacturing, notable for its lower costs and increased risks, has ebbed since the COVID-19 pandemic began. With the largest iPhone factory in the world, it is operated in central China by Foxconn (2317.TW)In the face of … Read more

Reality destroys some of the Qataris’ dreams of renting out the World Cup

The agency says the Qatari hotel group has requested new payments Some prices have been lowered, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA (Reuters) – Qatar has found itself with an unexpected glut of rooms in the packed World Cup group stage, with online portals listing rooms … Read more

Ukraine promises to provide shelter for its people with the onset of winter

“Invincible centers” to provide heating, water and the Internet Widespread power outages due to Russia targeting the electricity grid The Group of Seven will soon announce the ceiling for Russian oil prices – an American official Kyiv (Reuters) – Ukraine has promised shelters with heat and water and encouraged its people to conserve energy as … Read more

First TVs, now tortilla chips: American companies set minimum prices to stop discounting

NEW YORK, Nov. 17 (Reuters) – Makers of everything from toys to wafers are increasingly placing minimum prices on their items to maintain profits and limit price cuts as retailers like Walmart do so. (WMT.N) and Amazon.com Inc (AMZN.O) Trying to attract sales from each other over the Internet. As a result, shoppers are faced … Read more

Global stocks are advancing on the hope that recession warns of the Fed’s hand

The US yield curve has been more inverted since 1981 MSCI Global shares rose 0.2%, losing Al Ain weekly NEW YORK/LONDON (Reuters) – Global stocks rose and a key part of the Treasury yield curve inverted further on Friday, in a sign that the US economy will falter next year and investors hope will lead … Read more

Ukraine may be able to reach the site of a missile explosion – Polish officials

Polish officials said Thursday that Ukraine may gain access to the site in the border region of southeastern Poland where two people were killed by a missile on Tuesday. Warsaw and its Western allies say evidence from the scene indicates that the explosion was caused by a Ukrainian air defense missile that strayed in pursuit … Read more

John Rahm: Rory McIlroy’s take on Liv and ‘unbelievable’ performance | Concerns about Sergio Garcia’s legacy | Golf News

John Rahm has hailed Rory McIlroy’s efforts as “incredible” on and off the golf course this year World No. 5 John Rahm has praised Rory McIlroy’s stance against Leaf Golf along with his golf performances this year, and admits he worries about fellow Spaniard Sergio Garcia’s legacy. McIlroy is targeting more success in Dubai this … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more