Markets

Why western companies are souring on doing business in China | DW News

Published

6 days ago

June 22, 2022

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Germany needs to lower its gas usage so that its reserves can be filled up by winter, says the country’s economy Minister Robert Habeck. For now, Germany will ramp up electricity production at coal power plants to make up for the limited natural gas supply – a move that will raise carbon emissions. Berlin also plans to introduce an option to compensate companies that lower their gas usage. This comes after Russia’s Gazprom announced it would be reducing gas deliveries to Germany, citing technical reasons. The German government says the move is politically motivated.
Meanwhile, as Europe is getting less energy delivered from Russia, it’s a different situation for China, where oil imports from Russia soared to a record level in May, rising 55 percent on the year.
Chinese refiners are cashing in on discounted Russian oil supplies amid western sanctions on Moscow over its war in Ukraine. Until last month, Saudi Arabia was the leading supplier to China, the world’s biggest crude oil importer. The latest figures also show that Chinese oil refiners are still buying oil from Iran which has also been targeted by western sanctions.
Whereas energy supply doesn’t seem to be a problem right now for China there are issues ramping up that could hamper growth.

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Markets

🔴 Final Trade Live Updates: Stock Market | Share Market Live | Latest Business News CNBC Awaaz LIVE

Published

20 mins ago

June 29, 2022

Urban Moolah

Share Market से जुड़ी हर खबर सबसे पहले. CNBC Awaaz पर मिलेगा आपको बढ़ियां कमाई का मौका यहां दिग्गजों के साथ करें कमाई और घर बैठे पाएं Best Trading Ideas के साथ-साथ बिजनेस की दुनिया से जुड़ी सारी अहम खबरें.

#CNBCAwaazLive #BusinessNews #StockMarketLive #ShareMarketLive #AajKaTajaKhabar

CNBC Awaaz is India’s number one business channel and an undisputed leader in business news and information for the last ten years. Our channel aims to educate, inform and inspire consumers to go beyond limitations, with practical tips on personal finance, investing, technology, consumer goods and capital markets. Policymakers and business owners alike have grown to trust CNBC Awaaz as the most reliable source with its eye on India’s business climate. Our programming gives consumers a platform to make decisions with confidence.

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Markets

Share Market News Updates Live | Business News LIVE | 21 June 2022 | CNBC Awaaz Live | Stock Ideas

Published

1 hour ago

June 29, 2022

Urban Moolah

Share Market Live Update: Share Market का कैसा है हाल, कैसी है मार्केट की चाल, कहां Invest करने की दे रहें है Experts सलाह. किन Stocks में Intraday में मुनाफे की है सलाह. देखें वीडियो.

Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.

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