Lithuania no longer imports natural gas from Russia. This was confirmed by the Ministry of Energy of the Baltic republic - RBC
It is the first EU country that has completely abandoned Russian gas.
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Invest news
A collection of 131 issues
JP Morgan cuts Apple and Qualcomm from its "best companies" list
Analysts at JPMorgan said Friday that slowing demand for smartphones could negatively impact Apple and Qualcomm's stock gains. Excluding those companies from the list is also due to rising costs amid the conflict in Ukraine. Apple is already planning to cut production of iPhones and AirPods due to slowing demand,
WTI oil accelerates its fall.
Oil accelerated its fall after Biden's statements about releasing black gold from strategic reserves. WTI loses nearly 7%
U.S. oil producers blame steel shortages on low production
According to KeyBanc Capital Markets, the price of oilfield tubulars, or OCTG, reached $2400 a ton this month, up 100% from a year ago. The industry is threatened by steel shortages due to the conflict in Ukraine. Russia and Ukraine provide about 15% of all U.S. imports of metal.
U.S. market faces biggest quarterly drop in 2 years
The stock market is reacting sharply to the Ukrainian crisis. U.S. and allied sanctions policies against Russia are hurting domestic markets as well. Industry is suffering from rising commodity prices and supply chain problems are returning. This is exacerbating the U.S. inflation problem. Price increases are holding at
Yield curve inversion is not a signal to sell U.S. stocks
That's what analysts at Truist Advisory Services say. there have been seven inversions of the yield curve since 1978, with the S&P 500 index rising five out of seven times on a three-month, six-month and 12-month basis after the initial inversion. The average time from inversion to the
OPEC+ considers disregarding IEA oil data as political rift deepens - BBG
OPEC+ considers disregarding IEA oil data as political rift deepens - BBG
U.S. gasoline demand falls for third straight week
High gasoline prices are cooling demand for gasoline, contrary to the seasonal behavior of drivers. According to the U.S. Energy Information Administration, weekly demand is holding steady at 4 percent below the same period in 2019. Prices have fluctuated above $4.20 a gallon since hitting a record high
Volkswagen may become the new owner of Huawei's drone business
Volkswagen is negotiating the acquisition of Huawei's robot car division, which is engaged in the development of robot cars. Due to this deal, the German automaker will be able to acquire a partner in the Chinese car market, which is one of the largest for it. The concern is already
Boston Dynamics negotiated first shipments of its warehouse robots - $15 million deal with DHL
The robots will work in DHL warehouses in North America. International express delivery company DHL has become the first customer for Stretch robots. The companies entered into a multi-year agreement - DHL will pay $15 million and Boston Dynamics will supply robots to its warehouses. How many robots will get