Russia's ruble plunged nearly 30 percent against the dollar Monday after world powers imposed fresh, harsher sanctions on Moscow over its invasion of Ukraine. The ruble was indicated to be down 27 percent at 114.33 per dollar in offshore trading, according to Bloomberg News. The United...

In July 2020, a few months after the Covid-19 pandemic escalated and spiraled out of control, Shell CEO Ben van Beurden announced that global oil demand may have crossed its peak and will not return to what it was. "It's going to take a long time for demand to recover, that's if it recovers...

Surging energy prices and the Russia-Ukraine conflict are making European leaders think hard about energy security — particularly their decades-old reliance on Moscow for natural gas. The crisis shows Europe's vulnerability after years of limited progress in completing an “energy...

BRUSSELS, Feb 21 (Reuters) - The main political grouping in the European Parliament called on Monday for a review of Switzerland's banking practices and for the country's possible inclusion in the EU's dirty-money blacklist after leaks of Credit Suisse (CSGN.S) documents. Media outlets...