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Oil prices open lower as EU struggles to seal Russia import ban

2 hours ago

While Chinese demand drops, in the United States producers are ramping up in order replenish inventories that have dwindled in the wake of Russia's war on Ukraine

Ukrainian troops evacuate from Mariupol, ceding control to Russia

Russian President Vladimir Putin appeared on Monday to climb down from threats to retaliate against Sweden and Finland for announcing plans to join the U.S.-led NATO military alliance.

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Snowless Davos readies new face for World Economic Forum meeting

Simply putting on the event after a two-year hiatus is welcome news to locals, who, a 2017 study showed, benefit from a $60 million windfall every time it takes place.

US in mourning, outrage after 'racist' mass shooting

Attorney General James, who is Black, described Saturday's murderous assault as "domestic terrorism, plain and simple."

Dollar starts week on strong footing on firm safe-haven bid

Crypto markets, which trade around the clock, had a quiet weekend after turmoil last week driven by TerraUSD, a so-called stablecoin, broke its dollar peg.

Biden welcomes Southeast Asian leaders with energy, security pledges

The United States said it was working with its private sector and it plans to unveil a broader package, the Indo-Pacific Economic Framework, when Biden travels next week to Tokyo and Seoul.

N.Korea reports first COVID-19 death after 350,000 sickened with fever

At least six people who showed fever symptoms died, with one of those case confirmed to have contracted the Omicron variant of the virus

NATO to welcome Nordic members as Ukraine pushes back Russian forces

Norway, Denmark and the three Baltic states are already NATO members, and the addition of Finland and Sweden would likely anger Moscow

COVID claims 1 million U.S. lives, leaving trail of loss

The true toll, including those who died of COVID-19 as well as those who perished as an indirect result of the outbreak, was likely closer to 15 million, the WHO said.

UK rejects EU proposals to resolve N.Irish trade row

London has been threatening to rip up the protocol for months - potentially threatening a trade war with Europe at a time of soaring inflation

Queen misses UK parliament opening for first time since 1963

Charles delivered the Queen's Speech from the consort's throne, symbolically an inch shorter than the monarch's sovereign throne

Elon Musk says Tesla open to buying a mining company

Other automakers and executives including Carlos Tavares, the CEO of Tesla rival Stellantis NV, have warned the auto industry faces a metals supply shortage.

Missiles pound Ukraine's Odesa after Russia marks WW2 victory

Video footage from the scene showed fire and rescue workers combing through piles of rubble dousing still smoking wreckage.

Oil slips further on demand, financial market worries

Wall Street stock indexes fell on Monday and the dollar hit a two-decade high, making oil more expensive for holders of other currencies.

South Korea's new president-elect Yoon Suk Yeol

New South Korean president seen facing early North Korea, inflation tests

Yoon formally assumed his duties at midnight on Monday with a bell-tolling ceremony at Bosingak Pavilion in downtown Seoul.

Russian bombing of Ukraine school kills 2, 60 feared dead - Governor

Putin's Victory Day speech could offer clues on the future of the war he launched on Feb. 24

Oil slips on global economic concerns, ahead of EU vote on Russia oil ban

On Sunday, G7 nations pledged to ban or phase out Russian oil imports, and Washington imposed new sanctions against Gazprombank executives and other businesses.