Gunvor To Expand In United States After Strong Profits - CEO
The states 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.
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.
Russia and China, veto powers along with the United States, Britain and France, have said more sanctions will not help and want such measures to be eased. For the past several years the council has been divided over how to deal with Pyongyang.
UNITED NATIONS, March 20 (Reuters) - The United States, China and Russia argued during a United Nations Security Council meeting on Monday over who was to blame for spurring North Korea's dozens of ballistic missile launches and development of a nuclear weapons program.
China and Russia blamed joint military drills by the United States and South Korea for provoking Pyongyang while Washington accuses Beijing and Moscow of emboldening North Korea by shielding it from more sanctions.
Thomas-Greenfield said lifting U.N. sanctions would reward Pyongyang "for doing nothing to comply with Security Council resolutions." She accused Pyongyang of depriving North Koreans of needed humanitarian assistance.
We think Europe was able to cover about half... That´s about 1,000 LNG cargoes. "Europe was taking about 110 billion cubic meters per year from Russia. and the rest is demand destruction, close to 20%. Some of it is weather related," he said.
"Today, we will sign the respective documents," he told reporters, adding Germany would also open its national framework contracts with the defense industry to other partners as speed was of the essence in supplying Kyiv.
BRUSSELS, March 20 (Reuters) - European Union member states have reached an agreement on the joint procurement of ammunition for Ukraine, German Defence Minister Boris Pistorius said on the sidelines of a meeting with his EU counterparts in Brussels on Monday.
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.
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.
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 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.
