Goldman Sachs has pushed back against mounting concerns that global stock markets are entering bubble territory, saying valuations — even among artificial intelligence (AI)-linked companies — remain within reasonable bounds.
Caspian Sunrise PLC (AIM: CASP) First well spudded at West Shalva Contract Area
The board of Caspian Sunrise is pleased to announce that the first well to be drilled on the West Shalva Contract Area has been spudded.
Trump Plans Drastic “Shock and Awe” Sanctions on Russian Exports
Donald Trump is preparing to launch sweeping “shock and awe” sanctions targeting Russian exports, according to a senior Republican lawmaker.
Oil price drop bellow $60 renders Russian price cap ‘irrelevant’
The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
The Kremlin is desperately hoping that Trump’s return will bring an end to the war.
Russia’s sudden eagerness to engage with U.S. President Donald Trump’s efforts to end the war in Ukraine comes as no surprise. The Kremlin is desperate for the conflict to conclude,
Goldman Sachs lowered its outlook for the pound amid concerns of a runaway sell-off.
One of Wall Street’s largest banks has sharply revised its outlook for the pound, warning that an “escalation in the loop of sell-offs in UK assets” could significantly damage the
The UK has less than a week of gas demand in store.
As of January 9, 2025, UK storage sites’ inventory was 26% lower than last year’s inventory at the same time, leaving them around half full,” Centrica said. This means the
The cessation of Russian gas has compelled nearly all industries in Transnistria to shut down.
The halt of Russian gas supplies to Moldova’s separatist region of Transnistria has necessitated the shutdown of nearly all industrial operations, with the exception of food production facilities.
Russian gas deliveries to Europe via Ukraine have halted
Ukraine has terminated the gas transit route following the expiration of a 2019 agreement in the early hours of New Year’s Day. This development marks a significant step in Europe’s
Putin Halts Arctic Gas Production as Sanctions Take Effect
Russia has been compelled to halt operations at a section of the world’s largest liquefied natural gas (LNG) facility near the Arctic city of Murmansk due to diminished demand caused
Austria Terminates Essential Gas Contract, Dealing a Blow to Putin
Russia’s state-backed gas supplier has lost a significant European contract, dealing a setback to Vladimir Putin’s war-driven economy.
Russian ruble continues to decline against the dollar
The Russian ruble extended its decline today, losing a quarter of its value since August. It now takes more than 113 rubles to purchase one U.S. dollar.