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Reuters

Aug 21, 2022, 11:21 PM

Chip Stocks Slip As Taiwan Tensions Mount

Semiconductor stocks fell globally as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan fueled a fresh escalation in tensions between Washington and Beijing.

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  Reuters | Aug 21, 2022

  Spiralling Fuel Costs Hit Damascus Drivers

  Damascus minibus driver Khaled al-Hassi remembers a time when he could fill his tank with cheap fuel to drive passengers across the Syrian capital and take home enough money for food, drink and a comfortable life.

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  Reuters | Aug 21, 2022

  Ukraine To Resume Excise Tax On Fuel To Replenish Budget During War

  The Ukrainian government has asked parliament to partially restore excise tax on petrol and diesel fuel to boost the state budget, depleted by months of war with Russia.

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  Reuters | Aug 21, 2022

  Myanmar To Import Russian Oil, Military Says

  Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices.

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  Reuters | Aug 21, 2022

  Cuba Fire Rages At Fuel Storage Port; Mexico, Venezuela Sending Help

  A massive oil-fed fire burned near Cuba's supertanker port in Matanzas, as Mexico and Venezuela sent teams to help fight the inferno.

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  Reuters | Aug 21, 2022

  India’s GAIL Faces Profit Hit Over Gas Supply Cut - Report

  Profit at GAIL will be hit as it rations gas sales after supplies are cut under its long-term deal with a former unit of Russian energy giant Gazprom.

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  Reuters | Aug 21, 2022

  Australia's Greens Back Climate Law But Vow To Fight Coal, Gas Projects

  Australia's Greens party threw its support behind the government's climate change legislation, clearing the way for a bill enshrining a pledge to cut carbon emissions by 43% by 2030, but said it would oppose new fossil fuel projects.

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  Reuters | Aug 21, 2022

  Wall Street Rallies On Economic Data, Crude Falls As Stockpiles Jump

  U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday.

  3 mins read
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  Reuters | Aug 21, 2022

  Japan PM Kishida Pledges New Steps To Deal With Rising Fuel Prices

  Kishida will instruct his government to come up with additional measures to cushion the economic blow from rising energy prices.

  1 min read