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Kyiv Faces Lengthier Blackouts as Russia Keeps Up Assault on Ukraine’s Electric Grid
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Kyiv Faces Lengthier Blackouts as Russia Keeps Up Assault on Ukraine’s Electric Grid

Updated Oct. 27, 2022 10:38 am ET Listen to article (1 minute) Kyiv residents are facing prolonged blackouts, after Russian airstrikes again hit the Ukrainian electric system overnight, further degrading the country’s ability to keep the lights on. Yasno, a Ukrainian energy company, wrote on Facebook on Thursday that Russia had again hit the power...

ECB Raises Interest Rates by 0.75 Point
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ECB Raises Interest Rates by 0.75 Point

The European Central Bank increased interest rates by three-quarters of a percentage point for the second time in a row, moving briskly to quash record inflation even as the eurozone teeters close to recession.#ECB #Raises #Interest #Rates #Point Source link

Shell, Awash With Cash, to Boost Dividend, Share Buybacks
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Shell, Awash With Cash, to Boost Dividend, Share Buybacks

The oil giant said it plans to boost its dividend and buy back another $4 billion of its shares in the coming months, as it continues to benefit from strong demand for natural gas in difficult-to-navigate markets.#Shell #Awash #Cash #Boost #Dividend #Share #Buybacks Source link

Brazil’s Central Bank Leaves Key Rate Unchanged at 13.75%
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Brazil’s Central Bank Leaves Key Rate Unchanged at 13.75%

The Central Bank of Brazil left its benchmark lending rate unchanged, but warned again that it is prepared to resume hikes if the country’s inflation doesn’t keep slowing as expected. The bank’s monetary policy committee, known as the Copom, left its key Selic rate at 13.75% for the second consecutive meeting. The committee had raised...