Page 7 - Chris Wheaton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There are fears of a global recession and an expectation of more interest rate hikes. western leaders will need to walk a fine balance between more sanctions on russia without creating more economic turmoil. it's very tricky. joining me now is chris wheaton, managing director at stifel investment bank. what's your take on putting a price cap 0n russian 0il what's your take on putting a price cap 0n russian oil and gas? g7 leaders are talking about this, trying to finalise it. ~ , ., ,, about this, trying to finalise it. , �*, it. will this happen? it's goina it. will this happen? it's going ...

Analysis. chris wheaton. let's bring you other stories. credit suisse has been found guilty and fined for involvement in money laundering related to a bulgarian drugs ring. switzerland's criminal court found that the bank did not do enough to prevent members of the crime syndicate from profiting off the trafficking of cocaine in to europe. it was fined around £1.7 million and ordered to pay $15 millionto the swiss government. nike has forecast lower revenues for the first quarter, blaming pandemic—related disruptions in china, which is its most profitable market. the company's shares fell 3...

Be difficult to get around the blockage. there is the g7 including the guest nations at this summit, indonesia and particularly india, who is going to be a key player in making this price cap work if it is going to be implemented, there is a view that russian oil exports do need to be curbed as a way of adding additional pressure to russia. the context, russia in may and about $20 million from oil exports, about $15 million, and it shows that it is largely driven by the big oil prices versus this time last year. that's the risk of his attempt to put a price cap, it creates more price instabili...

BP said it will look again at its plans in the UK, as a £5Bn windfall tax on oil and gas profits announced by the government included enough incentives to ...

The UK announced on Thursday that it will impose a 25% windfall tax on oil and gas companies