Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
Risk News
China Growth Slows Across All Fronts in July, Prompting Unexpected Rate Cut
SINGAPORE—China’s economy stumbled in July as a two-month boost from easing lockdowns faded, prompting the country’s central bank to unexpectedly...
Winemakers in Southern Europe Grapple With Extreme Weather
Lucio Salamini has witnessed the weather patterns around his family’s vineyard in northern Italy change dramatically over the past 30...
Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis
ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for...
Baby-Formula Production Has Restarted at Abbott’s Michigan Plant
Abbott Laboratories ABT -0.21% has reopened its biggest factory after a shutdown last month that dealt another blow to efforts...
Food, Energy Issues Set to Dominate G-20 Meeting of Top Diplomats Amid Ukraine War
Higher prices for food and energy are expected to dominate a divisive meeting of top diplomats from the world’s leading...
Elvis Presley Movie Is Just the Start of a Flood of ‘King’ Content
The estate of Elvis Presley is banking on a new era of burning love for the King of Rock ’n’...
Starbucks to Exit From Russia
Starbucks Corp. SBUX 0.28% is closing down its business in Russia, as the invasion of Ukraine puts an end to...
Biden Says U.S. Would Intervene Militarily if China Invaded Taiwan
TOKYO—President Biden said the U.S. would respond militarily to defend Taiwan if China tries to take it by force, sparking...
Saudi Aramco Posts Record Quarterly Profit on Surging Oil Prices
DUBAI—Saudi Aramco posted a record quarterly profit on Sunday, as the oil giant benefits from surging oil prices following Russia’s...
EU Proposes Ban on Russian Oil Imports
BRUSSELS—The European Union proposed a ban on imports of Russian crude oil within six months and on refined oil products...
Ukraine War Puts Spy Satellites for Hire in the Spotlight
AURORA, Colo.—Ukrainian forces hunting Russian tanks and tracking troop movement are being aided by imagery from a growing number of...
Ukraine’s Grim Economic Toll From War Confronts World Governments
WASHINGTON—Top world financial officials gathered in Washington this past week confronted a grim picture of the growing economic costs of...
Global Growth Ebbs in Face of Ukraine War, China Slowdown
FRANKFURT—Economic growth is slowing in large parts of the globe as businesses struggle to navigate the effects of Russia’s invasion...
From YouTube to Rutube. Inside Russia’s Influence Campaign.
The Kremlin is waging a new influence campaign: persuading Russians to quit Western social-media platforms. As part of an expansive...
U.K. Inflation Hits Fresh Three-Decade High, Squeezing Household Budgets
The U.K.’s inflation rate rose to a fresh three-decade high in March, as energy prices surged following Russia’s invasion of...
Europe Faces Pressure to Dial Up Sanctions on Russia Over Ukraine Deaths
BERLIN—French President Emmanuel Macron’s call Monday for sanctions banning imports of Russian oil and coal into the European Union following...
Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine
WASHINGTON—President Biden on Monday released a $5.8 trillion budget that envisions a substantial increase in U.S. defense spending, a sign...
Europe’s Economy Slows as Ukraine War Sends Costs Soaring
Europe’s economic recovery slowed in the first weeks of March after Russia’s invasion of Ukraine while U.S. business activity picked...
Central Banks Grapple With Dual Threat of Slowing Growth, Rising Inflation
The war in Ukraine is casting a stagflationary shadow over the world economy and posing a dilemma for central banks:...
