Business Highlights: Summer travel, auto sales slump

apnews.com ___After two pandemic years, a summer travel bounce — and chaosJERUSALEM (AP) — Summer travel is underway across the globe, but a full recovery from two years of coronavirus could last as long as the pandemic itself....

Millions hit the road for U.S. Fourth of July holiday

investing.com By Doyinsola Oladipo and Gigi Zamora NEW YORK - The number of people traveling by car and airplane for the Fourth of July holiday is expected to climb near pre-pandemic levels, a test for U.S. airlines that have...

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.87%

investing.com Investing.com – Denmark stocks were higher after the close on Friday, as gains in the Consumer Goods, Oil & Gas and Software & Computer Services sectors led shares higher. The best performers of the session on the...

Explainer-Germany's plans to spread gas price risk

investing.com By Vera Eckert FRANKFURT - Germany has prepared a facility to impose a levy on all gas consumers to help suppliers grappling with soaring gas import prices, according to a draft law amendment seen by Reuters. In...

Russian state companies hike salaries amid double-digit inflation

investing.com MOSCOW - Dominant lender Sberbank and gas giant Gazprom (MCX:GAZP) are among the major Russian companies raising salaries from July, faced with double-digit inflation and the need to retain top talent as some...

Factbox: Western companies in Russian oil and gas sector

investing.com MOSCOW - President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out Shell (LON:RDSa) and Japanese investors, Moscow's latest broadside in an...

Russia seizes control of partly foreign-owned energy project

apnews.com MOSCOW (AP) — Russian President Vladimir Putin has handed full control over a major oil and natural gas project partly owned by Shell and two Japanese companies to a newly created Russian firm, a bold move amid...

Russia seizes control of Sakhalin gas project, raises stakes with West

reuters.com CNN.com will feature iReporter photos in a weekly Travel Snapshots gallery. Please submit your best shots of the U.S. for next week. Visit CNN.com/Travel next Friday for a new gallery of snapshots from around the...

Russian gas giant Gazprom's shares slumped 30% after it nixed dividends for the first time since 1998

businessinsider.com Gazprom's board had earlier recommended a record dividend payout after the company reported record profits for 2021.

Russia decree on Sakhalin-2 project knocks Mitsui, Mitsubishi shares

investing.com TOKYO - Shares in Japan's Mitsui & Co and Mitsubishi Corp fell about 5% on Friday after Russia moved to create a new firm to take charge of the Sakhalin-2 oil and gas project in the country's far east. The new firm...

Top Russian economist Mau charged in 'large-scale' fraud case

investing.com MOSCOW - Leading Russian economist Vladimir Mau has been charged with fraud "on an especially large scale", the interior ministry said on Thursday, in a shock to Russia's academic and economic elite. It said he was...

Shares Of Russia’s Largest Public Company Gazprom Tank 30%

forbes.com The state-owned energy giant Gazprom’s fall came after it opted not to make dividend payments for the first time in 24 years.

Gazprom shares crater after Russian energy giant cancels dividend for first time since 1998

cnbc.com Gazprom reported record earnings in 2021 thanks to soaring commodity prices. But a barrage of economic sanctions in the wake of Russia's onslaught in Ukraine threatens to cut its revenues. Reduced Russian gas flows...

Netflix Key Concerns Still Remain for JPMorgan

investing.com By Sam Boughedda JPMorgan analyst Doug Anmuth told investors in a note Thursday that key concerns remain regarding Netflix . Anmuth, who has a Neutral rating and a $230.00 per share price target on the stock, added...

Gazprom shares crater after Russian energy giant cancels dividend for first time since 1998

cnbc.com In recent weeks, reduced Russian gas flows to Europe via the Nord Stream 1 pipeline have ratcheted up fears of a possible winter supply shortage.