LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.
Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.
According to the results from Saturday's vote declared by the Independent National Electoral Commission (INEC), APC won the governorship in 15 states -- Lagos, Sokoto, Katsina, Jigawa, Gombe, Kwara, Niger, Yobe, Nasarawa, Cross River, Ebonyi, Ogun, Benue, Kaduna
The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine. "We are looking at whether to take a provision on our books for 2022," Tornqvist said.
We think Europe was able to cover about half... "Europe was taking about 110 billion cubic meters per year from Russia. That´s about 1,000 LNG cargoes. and the rest is demand destruction, close to 20%. Some of it is weather related," he said.
In the key northeastern region of Adamawa -- which could see the election of Nigeria's first woman governor -- the results were declared "inconclusive" as the number of voters unable to cast their ballot was greater than the margin between the two fro
All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised. "It was a very, very good year.
WASHINGTON, March 23 (Reuters) - Treasury Secretary Janet Yellen said on Thursday the United States was looking at ways to strengthen its sanctions against Iran, but acknowledged the sanctions had not resulted in the behavioral or policy changes Washington desires from Tehran.
BRUSSELS, March 20 (Reuters) - European Union member states have agreed to supply one million rounds of artillery ammunition to Ukraine, Estonian Defence Minister Hanno Pevkur said on the sidelines of a meeting with his EU counterparts in Brussels on Monday.
The attorneys general letter said the automakers had failed to take adequate steps to address the alarming rate of theft and urged them to accelerate the implementation of the software upgrade and provide free alternative protective measures for owners whose cars cannot support the software upgrade.
vehicles that are prone to theft. WASHINGTON, March 20 (Reuters) - A group of 22 U.S. state attorneys general on Monday blasted Hyundai Motor and Kia Corp and said they need do more to address problems with millions of U.S.
Earlier this month, Minnesota Attorney General Keith Ellison said he had launched a civil investigation into Kia and Hyundai´s sale of vehicles to Minnesota consumers that lacked industry-standard, anti-theft technology and sought documents and answer questions under oath.
The free upgrade will be offered for 3.8 million Hyundai and 4.5 million Kia vehicles, the automakers and NHTSA said. Hyundai said the upgrade applies to various U.S. 2011 through 2022 model year vehicles.
BEIJING, March 23 (Reuters) - China has never deliberately pursued a trade surplus with the United States, Shu Jueting, a commerce ministry spokesperson, said on Thursday, despite signs that China is continuing to reduce its reliance on American exports.
It identifies inflation as primarily responsible for this figure. 7 shows that exports to China increased by $2.4 billion on the year to hit a "record high" of $153.8 billion in 2022, that is an "empty statement", according to a new report from the Peterson Institute for International Economics (PIIE).