Tag Archives: companies

On Monday afternoon, China’s Ministry of Foreign Affairs announced that Beijing would be placing sanctions on a number of US firms and linked individuals over arms sales to Taiwan, with Washington having approved a record sale worth around $5 billion to the island the previous week. The listed companies included …

The tidal wave of arson, vandalism, and other property crimes that swept across the nation in the aftermath of the Floyd killing left between $1 billion and $2 billion in damages, as measured by insurance claims paid out by the industry, a report released Wednesday by the Insurance Information Institute …

Responding to news of potential US sanctions against Semiconductor Manufacturing International Corp (SMIC), the Foreign Ministry in Beijing said the US was “blatantly bullying” Chinese firms. On Friday, the US Department of Defense reportedly warned it might block American companies from providing goods and services to SMIC. The Trump administration …

In its new guidelines, rolled out this week, the CDC has also advised business owners to beef up security, including by installing “panic buttons, cameras, alarms” in light of incidents that have seen customers take out their anger with the coronavirus-related restrictions on fellow customers or employees. “Workers may be …

The very concept of “systemically important”, which receives assistance from the Russian authorities, is not only corrupt and ineffective, it is completely divorced from reality A very accurate assessment list of companies that the Russian authorities are going to help in the first place, gave the publicist Mikhail Makogon: “The …

Oil companies in Russia can start to burn oil under the agreement, OPEC+ reduction of production. Under the deal, with may oil production in the country should decrease by 23%. According to Reuters, the company will begin to freeze the least profitable fields. LUKOIL, the second largest producer in Russia, …

Oil workers in Russia began to sell gasoline at the exchange at a loss, estimated by experts “analysis of commodity markets”. So, for the week from 13 to 19 April, the price of AI-92 at the St. Petersburg international Mercantile exchange (SPIMEX) fell nearly 11%, or 4.2 thousand rubles, and …

Shale companies in the US have already started “exit game”. As the newspaper writes The Wall Street Journal, Texland Petroleum, based in Fort worth (TX), stopped oil production at all of its 1,21 thousand wells until the beginning of may. The company had to do it because of the complete …

The Russian government will allocate one trillion rubles to support the economy in conditions of a pandemic. About it reports Bloomberg. According to sources, part of the funds will be used to subsidise the salaries of employees who have now a long weekend due to the regime self-isolation. It is …

Restrictions in the export of Chinese products caused by the spread of the coronavirus that has affected global value chains. Coronavirus has hit the world market of potash fertilizers, and in recent days about the problems with delivery of products have become talking shops. The Chinese company delayed delivery due …