CEEU

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

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Ukraine and partners launch $150m grain export plan to help vulnerable countries

Ukraine and partners launch $150m grain export plan to help vulnerable countries

International leaders attend the summit in person The summit coincides with the Stalin-era famine memorial The initiative adds to the UN export plan KYIV, Nov 26 (Reuters) – Ukrainian President Volodymyr Zelenskiy held a summit with allied nations in Kyiv on Saturday to launch a plan to export $150 million of grain to countries most …

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Europe rushes to fill up on Russian diesel before ban begins

Europe rushes to fill up on Russian diesel before ban begins

LONDON, Nov 21 (Reuters) – European traders are racing to fill tanks in the region with Russian diesel ahead of the start of an EU ban in February as alternative sources remain limited. The European Union will ban imports of Russian petroleum products, on which it depends heavily for its diesel, by February 5. This …

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Germany plans to toughen rules for companies heavily dependent on China

Germany plans to toughen rules for companies heavily dependent on China

BERLIN, Nov 19 (Reuters) – Germany’s foreign ministry plans to toughen rules for companies with high exposure to China, requiring them to disclose more information and possibly conduct stress tests for geopolitical risks, according to a confidential draft document viewed by Reuters. The proposed measures are part of a new trade strategy towards China drawn …

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EU set to release billions in funds for Hungary - sources

EU set to release billions in funds for Hungary – sources

Funds worth 10% of Hungary’s 2022 GDP estimate at stake Orban seeks EU deal as Hungarian economy struggles Funds frozen due to democratic deficits in Hungary The EU executive is expected to take its next decision on November 29 BRUSSELS, Nov 17 (Reuters) – The European Union executive is on track to release billions of …

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UK NICE advises against NHS use of 5 COVID treatments as not cost-effective

UK NICE advises against NHS use of 5 COVID treatments as not cost-effective

LONDON, Nov 16 (Reuters) – Britain’s agency, which determines whether drugs should be used in the National Health Service (NHS), has recommended stopping the use of five COVID-19 treatments, including Merck’s antiviral & Co (MRK.N) pill for high-risk patients, citing cost-effectiveness concerns. The review, conducted by the National Institute for Health and Care Excellence (NICE) …

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