Russia bars Western investors from selling key banking and energy holdings

Russia bars Western investors from selling key banking and energy holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link, at the Kremlin in Moscow, Russia, on August 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Sign up now for FREE unlimited access to Reuters.com Record This content was produced in Russia, where coverage of Russian military operations in … Read more

Germany’s Scholz says Russia has no reason to delay turbine return

Germany’s Scholz says Russia has no reason to delay turbine return

Turbine caught up in energy standoff between the West and Russia Scholz visits the Siemens Energy factory where the turbines are stored It says that the turbine is ready to be shipped back to Russia. Kremlin: turbine documentation is still missing Kremlin: Nord Stream 2 could supply gas this year MUELHEIM AN DER RUHR, Germany, … Read more

BP raises dividend after earnings hit 14-year high

BP raises dividend after earnings hit 14-year high

Earnings soar to $8.45 billion, far exceeding forecasts BP increases dividend by 10% BP will increase spending on oil and gas, says CEO Profits Boosted by Strong Oil Trading, Hit by LNG LONDON, Aug 2 (Reuters) – BP’s (BP.L) second-quarter profit soared to $8.45 billion, its highest level in 14 years, as strong refining and … Read more