Joseph Branch

Joseph Branch

Blue Origin has completed its fifth launch of a manned flight, - Reuters

The New Shepard spacecraft made a successful suborbital flight with a crew of six aboard. This was the ship's fifth flight since launches began and its second in 2022. During the flight, which lasted about 10 minutes, the ship ascended 106 km to put passengers in a state

Qatar's LNG production falls

Qatar's liquefied natural gas production has declined this year, despite requests from European countries to increase production. The country's exports from January to May amounted to 35 million tons of LNG against 36 million in the same period last year. EU countries are trying to negotiate

Oman may increase production by 100,000 barrels - Reuters

Oman has discovered new oil fields that will increase its production by 50,000 to 100,000 barrels in the next two to three years, the energy minister said. He added that the Sultanate currently has 5.2 billion barrels of crude oil reserves and about 24 trillion cubic feet

NSD suspended transactions in euros for banking activities - RBC

Transactions in euros by Russian banks with non-residents are now not serviced. This means that Russian companies will not be able to import goods paid for in euros from abroad. Transactions in other currencies take place as usual. NSD declared an emergency situation in depository and banking activities amid EU

Shanghai recovers: Starbucks opens doors after quarantine

Starbucks Corp. said it is reopening its stores in Shanghai. 600 of the 940 locations opened on the third day after restrictions in the region were lifted. So far, the coffee shops are offering takeout orders only. Bloomberg estimates that Starbucks sales in China could decline 23 percent in the

Fed's Mester: Inflation has not yet peaked

It will take us a few months to see a steady decline in indicators. Only after that will we determine with certainty the peak in inflation. At the next two meetings, the Fed will be in a good position to consider the appropriate pace of further rate hikes and assess

EU approves $28 billion deal between Oracle and Cerner

U.S. business software maker Oracle received unconditional EU antitrust approval for its $28.3 billion acquisition of U.S. health IT company Cerner. The acquisition, the largest in Oracle's history, will give the company access to an array of developments and could increase the number of healthcare

Rental prices in Russia declined

The decline in rental costs is taking place against the backdrop of a growing volume of supply. According to calculations by "Cian.Analitika", 96.5 thousand lots were available in major cities of the country at the end of May, which is 15% higher year-on-year. The average share

Russia may agree to let OPEC+ compensate for its current drop in oil production due to sanctions - OPEC+ source

Compensation for Russian oil may be approved gradually; there is no guarantee that it will be approved in full today. Currently, Russia is producing about 1 million barrels per day less than its OPEC+ quota. For about a week now there have been rumors about Russia replacing its quota with

Biden spoke to Powell about inflation, it's too high - Treasury Secretary Yellen

California's ports are crucial to keeping supply chains open in the U.S. Yellen said she was "wrong" about the "path inflation will take" last year.