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Search resuls for: "David Goodman"


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Oil falls more than 2% on demand fears and strong dollar
  + stars: | 2022-09-19 | by ( Alex Lawler | ) www.reuters.com   time to read: +3 min
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. "The upcoming Fed meeting and the strong dollar are keeping a lid on prices," said Tamas Varga of oil broker PVM. read moreOil also came under pressure from hopes of an easing of Europe's gas supply crisis. The market has also been pressured by forecasts of weaker demand, such as last week's prediction by the International Energy Agency that there would be zero demand growth in the fourth quarter. read moreDespite those demand fears, supply concerns kept the decline in check.
Register now for FREE unlimited access to Reuters.com RegisterMADRID, Sept 20 (Reuters) - Spanish bank Santander (SAN.MC) hired a law firm to investigate a whistleblower report saying a group of bankers visited a strip club after a day of company meetings and pressured younger colleagues to join them, a source close to the matter said. Santander responded by hiring U.S. law firm Gibson Dunn to conduct an internal investigation over the summer, Reuters' source said. The law firm interviewed several people involved in the night out and concluded there had not been explicit pressure exerted on junior staff members, the source added. The Financial Times reported that no one has been dismissed as yet, but one manager has been disciplined. A Gibson Dunn representative was not immediately available for comment and the UK's Financial Conduct Authority said it is unable to comment on individual cases.
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. "The upcoming Fed meeting and the strong dollar are keeping a lid on prices," said Tamas Varga of oil broker PVM. read moreOil also came under pressure from hopes of an easing of Europe's gas supply crisis. The market has also been pressured by forecasts of weaker demand, such as last week's prediction by the International Energy Agency that there would be zero demand growth in the fourth quarter. read moreDespite those demand fears, supply concerns kept the decline in check.
[1/2] Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022. read moreThursday's flows were back at 40% capacity, Nord Stream figures showed. In a call with reporters, Kremlin spokesman Dmitry Peskov said that Russia remains "a very important and indispensable part of European energy security". He rebuffed accusations by some Western politicians, including European Commission President Ursula von der Leyen, that Russia was using energy supplies to "blackmail" Europe. He said that because of sanctions imposed by the European Union, Nord Stream 1 faced challenges in equipment maintenance.
Persons: Hannibal Hanschke, Vladimir Putin, Dmitry Peskov, Putin, Ursula von der Leyen, Peskov, David Goodman, Philippa Fletcher Organizations: REUTERS, Gazprom, Moscow, Siemens Energy, European, European Union, Reuters, Thomson Locations: Lubmin, Germany, Russia, Ukraine, Europe, Russian, Canada, Nord
[1/2] Debris is seen at the crash site of an Antonov An-12 cargo plane owned by a Ukrainian company, near Kavala, Greece, July 17, 2022. REUTERS/Alkis KonstantinidisKYIV, July 17 (Reuters) - All the crew were killed when an Antonov An-12 cargo plane crashed in northern Greece late on Saturday, an official at Ukraine's Meridian cargo airline said on Sunday. read more"Of course they didn't survive this," the official told Reuters by telephone, declining to comment further. Reporting by Max Hunder Writing by Tom Balmforth Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
SHANGHAI, April 25 (Reuters) - Volkswagen Group China's (VOWG_p.DE) Shanghai factory has started a gradual resumption to production, it said on Monday. Its factories in the northeastern Chinese city of Changchun, which it runs in a joint venture with China's FAW Group, continues to ramp up production volumes, it added. Reporting by Brenda Goh Writing by Meg Shen Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
U.S. airlines sound bullish as bookings roar back
  + stars: | 2022-04-22 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
That's the message major U.S. carriers are sending investors after grappling with coronavirus-induced uncertainty for two years. Last week, rival Delta Air Lines (DAL.N) also forecast a return to quarterly profit, citing "historic" high bookings. An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. Fuel is the industry's second-biggest expense after labor, but major U.S. airlines do not hedge against volatile oil prices like most European airlines. "You put all that together, and we feel very bullish," Kirby said on the company's earnings call.
The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. "Sanctions on Russian titanium would hardly harm Russia, because they only account for a small part of export revenues there. In March, Airbus said it "is directly sourcing titanium from Russia as well as from other countries" and indirectly acquiring Russian titanium via suppliers. On Tuesday, it reaffirmed this in answer to a Reuters query but declined to say when it had last received Russian titanium. Last month, Boeing said it had suspended buying Russian titanium.
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