worldbusinessstar
TotalEnergies makes large oil discovery off Namibia
Operator TotalEnergies has made a significant discovery of light oil and associated gas off the coast of Namibia. This was stated by the company....
Major buyers of Russian oil struggles
The global oil market was thrown into chaos after the invasion of Russia into Ukraine. This is with top buyers of Russian oil struggling...
Britain sanctions Russian oligarch Timchenko & five banks
Britain imposed sanctions on Gennady Timchenko and two other billionaires with close links to Vladimir Putin. This is after the Russian president deployed military...
Europe’s banks brace for Russia fallout
European banks were bracing for the fallout from fresh global sanctions. This is as the Ukraine crisis escalated. Even the U.S. bank executives said...
Currency markets nervously eye Ukraine headlines
Currency markets started the week nervously eying tensions in eastern Europe. And, this is with the safe-haven yen not far from a two-week high....
France will need to boost deficit reduction plans
The next French government will need to revise current budget deficit reduction plans. And that is after a presidential election in April. This is...
Commerzbank sees strong 2022
Commerzbank swung to better than expected fourth-quarter. And that is despite a major haul over their annual net profit. Profit this year will exceed 1...
Commerzbank shares fall after finance minister says govt to shed stake...
Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade. This is after Germany’s Finance Minister said that the government would not keep its stake...
ECB tells banks to step up defences against hacks
The European Central Bank is telling euro zone banks zone to step up their defences against cyber-attacks. The ECB’s supervisor stated that this is also in...
Meta weighs on US shares, European stocks rise after rout
Wall Street shares finished broadly lower, while European stocks rose following five straight weeks of declines and European bond yields soared on speculation of...
