EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Carvana stock recovers despite ‘particularly challenging environment’ hurting earnings

Shares of Carvana Co. rebounded in after-hours trading on Wednesday after the used-car retailer admitted both industry-wide and company-specific issues had occurred an impact on its business in the first quarter, but said it had plans to address its challenges. carvana CVNA, -9.11% noted in its letter to shareholders that the omicron variant and used … Read more

Carvana stock recovers despite ‘particularly challenging environment’ hurting earnings

Shares of Carvana Co. rebounded in after-hours trading on Wednesday after the used-car retailer admitted both industry-wide and company-specific issues had occurred an impact on its business in the first quarter, but said it had plans to address its challenges. carvana CVNA, -9.11% noted in its letter to shareholders that the omicron variant and used … Read more