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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.

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.

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.

The International Olympic Committee (IOC) sanctioned Russia and Belarus after Moscow's invasion of Ukraine in February 2022 but is now reluctant to exclude their athletes from the Olympics entirely for fear of a return to the boycotts of the Cold War era.

During an interview with HSI and Bureau of Alcohol, Tobacco, and Firearms and Explosives (ATF) agents, Lugardo-Moreno confessed to having purchased on October 17, 2019, the weapon and several other firearms for a group that was going to hand them over to the Gulf Cartel.

WARSAW, March 27 (Reuters) - Russian and Belarusian athletes should be banned from the 2024 Olympics in Paris unless Moscow pulls its forces out of Ukraine, according to Poland, Britain and the Baltic states, despite the IOC saying it plans to let them compete as neutrals.

March 22 (Reuters) - Regeneron Pharmaceuticals Inc said on Wednesday the U.S.
Food and Drug Administration had approved the expanded use of its drug in children aged 5 to 11 years to treat an ultra-rare disease that causes high cholesterol.

TAIPEI, March 21 (Reuters) - Taiwan President Tsai Ing-wen will transit the United States to and from a visit to Central America on a trip starting at the end of this month, the presidential office said on Tuesday.

The Diamondback AR-15 was used by the Gulf Cartel's armed wing, known as the Scorpions Group, to shoot the Americans after they were intercepted on a Matamoros street the morning of March 3, several hours after the had driven over from Brownsville, Texas.

The drug, Evkeeza, was approved in February 2021 as an additional treatment with other lipid-lowering therapies for patients aged 12 years and above with homozygous familial hypercholesterolemia (HoFH).

The firearm in question, a Diamondback DB-15 multi-caliber AR style pistol, was recovered by Mexican authorities in Matamoros, Tamaulipas, following the abduction of the South Carolina residents on March 3.

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.

That´s about 1,000 LNG cargoes. We think Europe was able to cover about half... and the rest is demand destruction, close to 20%. "Europe was taking about 110 billion cubic meters per year from Russia. Some of it is weather related," he said.

"While the IOC has made no final decisions yet, we strongly urge it to reconsider its plans and return to the original well-proven stance supported by the international community," the Polish statement said.

Homeland Security Investigations (HSI) office in Harlingen, Texas, was alerted by law enforcement in Mexico on March 14 that the weapon used in the crime has been purchased in the U.S.
and dispatched agents who detained Lugardo-Moreno on Sunday.

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.

'There is a correlation between the negligent practices of companies and the arms trafficking that leads to violence in Mexico, as well as other crimes such as human trafficking and drug trafficking, particularly of fentanyl,' it added.

Members (pictured) of the Gulf Cartel's Scorpions Group were abandoned on a Matamoros street and accused by the criminal organization of being behind last Friday's kidnapping of four Americans, including two who were killed.

Lugardo-Moreno's apprehension took places just two days after the Mexican government announced it was appealing a civil lawsuit against United States-based gun manufacturers as part of its efforts to stem the illegal flow of firearms to criminal organizations.

"We strongly believe that now is not the time to consider the opening up of a pathway for Russian and Belarusian athletes to return to the Olympic Games in any status," the Polish foreign ministry said in a statement issued jointly with Britain, Latvia, Lithuania and Estonia.

'A favorable decision in the court of appeals will allow the government to prove its case on the merits - that the gun manufacturers' marketing and distribution practices amount to actively facilitating the trafficking of their guns into Mexico,' the Mexican government said in a statement.