A top-performing Pacific Investment Management Co. fund is reducing its exposure to the crowded US Big Tech “Magnificent Seven.” Its manager is instead favoring Asian equipment suppliers, Chinese financial companies and healthcare stocks as potential beneficiaries of the AI boom.
B
Bloomberg NewsOriginal★★☆☆☆2026-09-04 20:07
Airbus and Spain’s Industry Minister Jordi Hereu said the planemaker had reached a preliminary agreement with four unions. The potential breakthrough follows a dispute that prompted weeks of strikes at Airbus plants in Spain.
R
ReutersOriginal★★☆☆☆2026-09-04 20:05
AI company Anthropic is nearing decisions to give Morgan Stanley and Goldman Sachs leading roles in a potential $2tn initial public offering. The company could unveil the paperwork supporting the major Wall Street debut as soon as next week.
F
Financial TimesOriginal★★★☆☆2026-09-04 19:46
William Cohan examines the private-equity giant’s colorful history. Its move into the savings of upper-middle-class households, however, gives the firm’s future greater significance.
BBloomberg NewsOriginal★★☆☆☆2026-09-04 19:36
Bitcoin faces two policy checkpoints two weeks apart: the Fed’s Sept. 16 decision and the Sept. 30 release of August PCE inflation alongside an annual revision. Christopher Waller said a new method for measuring portfolio-management services could lower 12-month PCE inflation by a few tenths of a percentage point, but stressed that this was not a confirmed estimate of the total revision.
C
CryptoSlateOriginal★★☆☆☆2026-09-04 18:50
President Trump says his administration is working to bring Hyperliquid into the United States, prompting the seemingly simple question of how that could happen.
TThe BlockOriginal★★☆☆☆2026-09-04 18:35
EU industry chief Stephane Sejourne has decided to propose a sweeping ban on waste exports to non-OECD countries, including aluminium scrap, according to a statement from his cabinet on Friday.
RReutersOriginal★★★★☆2026-09-04 18:35
A Michigan judge has issued a preliminary injunction barring Kalshi from offering or facilitating covered sports-betting contracts in the state. The exchange must use a regulator-approved geolocation provider, with a potential $500,000 daily penalty for failing to meet that requirement. The order lasts until a final ruling but does not resolve the broader federal-versus-state jurisdiction dispute.
CCryptoSlateOriginal★★☆☆☆2026-09-04 17:55
Iraqi Oil Ministry representative Salim al-Rikabi said August crude exports reached nearly 70 million barrels, averaging more than 2.2 million barrels per day—the highest since armed conflict in the Persian Gulf and the Strait of Hormuz crisis began. Oil sales brought Iraq about $4.5 billion, while production now exceeds 3 million barrels per day.
T
TASSOriginal★★★★☆2026-09-04 17:53
India’s central bank said it will conduct a 30-day variable-rate reverse repo auction worth 7 trillion rupees ($74.09 billion) on September 7. An early-redemption option is intended to encourage banks to park excess funds while preserving flexibility to withdraw them if needed.
RReutersOriginal★★★☆☆2026-09-04 17:50
Tesla shares fell after the company’s long-awaited Cybercab update failed to impress investors.
C
CNBCOriginal★★☆☆☆2026-09-04 17:33
President Donald Trump stepped up his campaign for the Federal Reserve to cut interest rates, threatening to halt trade with some economies that run a surplus against the US if the central bank does not act.
BBloomberg NewsOriginal★★★☆☆2026-09-04 17:30
Donald Trump says he will cut off trade with countries running trade deficits unless the Federal Reserve sharply lowers interest rates.
President Trump threatens to prevent the United States from trading with many countries unless the Federal Reserve lowers interest rates.
U.S. President Donald Trump said on Friday that he would stop trading with countries running a trade surplus with the United States unless the Federal Reserve lowered interest rates.
President Donald Trump demanded that the Federal Reserve sharply cut interest rates, threatening to stop trading with countries that maintain trade surpluses with the United States.
Macy’s Labor Day sale features some of the year’s strongest deals, with discounts of up to 75% on appliances, bedding, apparel and other products from brands including Dyson, Ninja and The North Face.
N
NBC NewsOriginal★☆☆☆☆2026-09-04 17:25
Japan’s 30-year government-bond auction reached an average yield of 4.079%, up 14.2 basis points from the previous sale. The increase raises the benchmark for Metaplanet’s future borrowing and refinancing, although its existing bonds retain fixed cash flows. Sustaining large Bitcoin purchases through new BitBond issues could become more expensive.
CCryptoSlateOriginal★★☆☆☆2026-09-04 17:10
Britain is expected to approve bringing the Jackdaw gas field online on September 15, The Times reported, citing government sources. The decision would end years of legal delays surrounding the development.
RReutersOriginal★★★☆☆2026-09-04 17:10
The UK is expected to approve the Jackdaw gasfield in the North Sea within weeks, a move likely to face fierce opposition from climate scientists and environmental campaigners.
U.S. job growth accelerated sharply in August while unemployment remained at 4.1%, signaling a stable labor market and keeping a Federal Reserve interest-rate hike this month under consideration.
RReutersOriginal★★★☆☆2026-09-04 17:00
A strong Friday jobs report strengthens the case for U.S. rate hikes, while Donald Trump has threatened to halt trade with some countries unless the Federal Reserve cuts rates. Fed Chair Kevin Warsh must weigh the political backlash from tightening against the credibility risk of skipping a hike after his recent hawkish comments.
Berkshire Hathaway is well positioned to serve as an active hedge if markets face dislocations.
FFinancial TimesOriginal★★☆☆☆2026-09-04 17:00
Zcash has climbed above $1,000 as ETF inflows accelerate and miners enter the market. Inflows into Grayscale’s ZCSH are rising, while stronger network competition is cutting into miners’ gains from the ZEC token’s rally.
TThe BlockOriginal★★☆☆☆2026-09-04 16:59
Rising bond yields are worrying investors, but robust growth and record earnings could help equity markets absorb higher borrowing costs.
EeuronewsOriginal★★☆☆☆2026-09-04 16:54
U.S. equity funds posted outflows for a second consecutive week as renewed Middle East tensions pushed up bond yields and oil prices, weighing on sentiment. Strong results from AI-related companies helped curb the selloff.
RReutersOriginal★★★☆☆2026-09-04 16:50
Arthur Hayes says a falling EUR/JPY rate could warn of wider crypto-market liquidity stress, but the Federal Reserve mechanisms in his scenario have not activated. The pair fell from 185.63 on Sept. 1 to 181.21 on Sept. 3, still 29.4% above Hayes’s 140-or-below threshold for a much larger increase in dollar liquidity.
CCryptoSlateOriginal★★☆☆☆2026-09-04 16:40
The US added 162,000 jobs in August while unemployment stayed unchanged, led by local-government education and food services. The stronger-than-expected report lifted expectations of a Federal Reserve rate increase, while Donald Trump called for cuts and threatened trade action against countries running deficits with the US. Canada lost 41,700 jobs, with unemployment steady at 6.4%.
AAl JazeeraOriginal★★★★☆2026-09-04 16:31
Bitcoin briefly fell about 2% below $80,000 after US nonfarm payrolls rose by 162,000 in August, far exceeding expectations. Markets raised the implied probability of a quarter-point September Fed hike to 59%, while the dollar and Treasury yields moved higher.
Wall Street stocks declined and Treasury yields were mostly higher after an unexpectedly strong jobs report appeared to raise the chances that the U.S. central bank will increase interest rates later this month.
Chinese products are becoming increasingly common in Egypt, especially smartphones, electric cars and household appliances. Chinese automakers now account for more than 40% of the country’s passenger-car market, while demand for new smartphones is rising. The shift comes as Egypt and China mark 70 years of diplomatic relations.
C
CGTNOriginal★★★☆☆2026-09-04 16:19
Canada’s economy shed 41,700 jobs in August, marking a sharp slowdown from unusually strong summer hiring, while the unemployment rate remained at 6.4%, according to data released Friday.
RReutersOriginal★★★☆☆2026-09-04 15:45
Canadian employment declined by 41,700 in August, reversing some of the labor-market momentum built in recent months. Manufacturing was the only sector to record a significant increase.
Iranian Army spokesperson Mohammad Akraminia said the United States should compensate Middle Eastern countries for all damage caused by the war and withdraw its forces from the region. He called recognizing reality, paying the costs and leaving the most reasonable course for Washington, blaming its aggression against Iran for the US military’s regional problems.
TTASSOriginal★★★★☆2026-09-04 15:29
The US national average diesel price has climbed to a record $5.85 per gallon amid the war with Iran, surpassing the previous peak from June 2022. Gasoline also reached $4.14 per gallon, a record for this time of year. Volatility around the Strait of Hormuz has pushed crude prices higher, raising transportation and production costs ahead of November’s midterm elections.
Iran used ballistic missiles and artificial-intelligence-equipped UAVs in its latest retaliatory airstrikes on US military bases in the Middle East, army spokesperson Mohammad Akraminia said. He said Tehran may conduct preventive operations if threatened and warned Israel that any new aggression would draw a swift and crushing response.
Ukrainian mining company Ferrexpo has raised $100 million, including a $50 million investment from Kernel owner Andrii Verevskyi. The company is set to resume trading on the London Stock Exchange on Sept. 7, allowing it to restart exports and postponed spending, while potentially raising production as conditions in Ukraine improve.
TThe Kyiv IndependentOriginal★★★☆☆2026-09-04 15:18
Portugal has asked Air France-KLM and Lufthansa to submit improved offers for a minority stake in flag carrier TAP. The government began a final negotiation round after finding their initial bids too close to choose between them, Cabinet Minister Antonio Leitao Amaro said.
RReutersOriginal★★★☆☆2026-09-04 15:15
Portugal has opened talks with Air France-KLM and Lufthansa over the privatisation of TAP. The deal could be completed soon and would involve selling up to 49.9% of the airline’s share capital, with 5% reserved for employees.
Credit rating agencies appear to be changing their tone towards hyperscalers.
FFinancial TimesOriginal★★☆☆☆2026-09-04 15:06
Cotality data shows home prices fell across most Australian capital cities over winter, with Sydney recording the sharpest decline. Higher interest rates and less favourable investor tax settings are driving a rare correction, although some values in Brisbane, Perth and Darwin remain more than 10% higher than a year ago.
TThe GuardianOriginal★★★☆☆2026-09-04 15:00
AMC CEO Adam Aron said synthetic AMC shares could divert demand from the real stock and deprive investors of shareholder rights, winning support from some tokenization executives.
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CoinDeskOriginal★★☆☆☆2026-09-04 14:56
AMC shares rose 21% overnight after its CEO criticized Robinhood for offering what he called “outrageous” tokenized shares. OpenAI had previously made a similar complaint, saying it had not authorized the transfer of its shares.
AMC CEO Adam Aron said the company has no connection to Robinhood’s tokenized shares, reviving questions about how stocks are brought onto the blockchain.
Bitcoin and Ethereum spot ETFs attracted nearly $900 million as Bitcoin rose above $81,000 and Ethereum topped $2,500. Bitcoin funds received $730.8 million and Ethereum funds $141.4 million, while more than $260 million in short positions were liquidated. The flows strengthened the rally but do not yet confirm sustained accumulation.
CCryptoSlateOriginal★★☆☆☆2026-09-04 14:55
Participants at the 2026 Eastern Economic Forum signed 328 agreements, contracts, memoranda, action plans and roadmaps valued at more than 6.8 trillion rubles, or nearly $78.5 billion, according to the office of Yury Trutnev. The forum was held in Vladivostok from September 1 to 4.
TTASSOriginal★★★☆☆2026-09-04 14:51
Investors will closely watch inflation data next week, saying it could determine whether the U.S. Federal Reserve raises interest rates later this month.
RReutersOriginal★★★☆☆2026-09-04 14:40
Automaker Stellantis is discussing long-term industrial cooperation for its struggling luxury brand Maserati with China’s Huawei and JAC Group, two sources told Reuters.
RReutersOriginal★★☆☆☆2026-09-04 14:25
Hargreaves Lansdown, the U.K.’s largest retail investment platform, has reversed course and opened access to crypto exchange-traded notes after the FCA lifted its ban on retail access to crypto exchange-traded products in October.
CCoinDeskOriginal★★☆☆☆2026-09-04 14:23
Kazakh Energy Minister Yerlan Akkenzhenov said oil production has stabilized despite operational outages on the Caspian Pipeline Consortium network, gas intake limits at the Orenburg Gas Processing Plant and unscheduled maintenance at major fields. Output is expected to reach about 96 million tonnes in 2026, while the CPC pipeline has faced repeated Ukrainian drone strikes this year and last year.
TTASSOriginal★★★☆☆2026-09-04 14:18
Ordinary bondholders want proof that Caracas can produce and sell enough oil in dollars to repay the debt that remains.
FFinancial TimesOriginal★★★☆☆2026-09-04 14:13
Türkiye and the Asian Infrastructure Investment Bank have signed a multimillion-dollar environmental agreement. Environment Minister Murat Kurum said the aim is to provide significant support for cleaning up the Marmara Sea.
TTRT WorldOriginal★★★☆☆2026-09-04 14:06
A ski-resort operator, cheesemaker, snow-grooming equipment seller and others urged an end to the trade war with Canada, saying the tariffs are hurting their businesses.
BBloomberg NewsOriginal★★★☆☆2026-09-04 14:00
Volkswagen’s board approved a major cost-cutting plan that will eliminate another 50,000 jobs and end production at four plants, as the company seeks to counter low-cost competition from China and U.S. tariffs.
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The Associated PressOriginal★★★☆☆2026-09-04 14:00
European shares edged lower on Friday ahead of closely watched U.S. jobs data, while Volkswagen stock rallied after the automaker announced a major transformation plan.
Volkswagen shares rose 6% on Friday after the company announced plans to eliminate another 50,000 jobs as part of its transformation plan, amid tariff pressures and competition from China.
Volkswagen plans to eliminate a further 50,000 jobs worldwide.
Volkswagen employs nearly 630,000 people and is preparing to cut 50,000 more jobs worldwide after previous reductions. Its oversized workforce reflects extensive in-house production, years of brand acquisitions and costly German operations, while a slow shift to electric vehicles has left the carmaker under pressure from Chinese competitors. The company also wants to close four German factories, though its supervisory board has not yet approved immediate implementation.
German carmaker Volkswagen says management and unions have agreed to eliminate another 50,000 jobs by the end of the decade, taking total job losses to 100,000 in the company’s biggest industry shake-up.
Volkswagen’s supervisory board approved a sweeping overhaul involving 50,000 additional job cuts, fewer models and a smaller industrial footprint. The decision gives CEO Oliver Blume his clearest mandate yet to reshape Europe’s biggest automaker.
Volkswagen’s board has approved another 50,000 job cuts under a broad turnaround plan, taking the group’s planned reductions by 2030 to 100,000. The carmaker blamed falling sales, weaker profits and intensifying competition, particularly from Chinese brands, and said it is reviewing capacity and possible alternative uses at several plants.
Volkswagen Group says it plans to eliminate 50,000 jobs and reduce its vehicle offerings by half. The German automaker is under pressure from intensifying Chinese competition in Europe and tariff costs on shipments to the United States.
Volkswagen said Thursday it will eliminate another 50,000 jobs worldwide in the biggest restructuring in its 89-year history. The German automaker is under pressure from US tariffs, excess capacity and fierce Chinese competition, while the plan outlines the future of four German plants.
Volkswagen says it will eliminate 100,000 jobs by the end of the decade, including 50,000 additional cuts on top of those already agreed. The reductions equal about 15% of its global workforce. The automaker also plans restructuring and major research investment, while warning that the futures of four German plants cannot be guaranteed.
Volkswagen’s supervisory board approved a transformation plan on Thursday that includes cutting another 50,000 jobs as the group seeks to counter painful tariffs, excess capacity and aggressive Chinese rivals.
Volkswagen AG’s supervisory board approved a comprehensive restructuring program called “Future Plan 2030.” The company said the plan is essential to restoring competitiveness and securing the group’s future.
Volkswagen said on Thursday that it is targeting a 9% operating margin by 2030, up from 3.8% in the first half of 2026. The goal is part of a sweeping turnaround plan approved by the group’s supervisory board late Thursday.
Volkswagen has approved plans to eliminate a further 50,000 jobs by 2030, bringing expected cuts to 100,000, or about 15% of its workforce. The German carmaker will halve its model range, while the future of four plants in Germany cannot be guaranteed into the 2030s, amid Chinese competition, weaker China sales and US tariffs.
Global food prices climbed in August to their highest level since late 2022, the UN Food and Agriculture Organization said, citing adverse weather and war-related disruption in the Black Sea that raised concerns about supplies of staple foods.
RReutersOriginal★★★★☆2026-09-04 13:50
The FAO says its Food Price Index rose for a third consecutive month to 133.3 points in August, the highest level since late 2022. Wars, climate shocks and disrupted trade logistics are tightening supply expectations, with all tracked food categories increasing. European heatwaves and El Niño are also threatening crop production, raising hunger risks.
Shein and Temu are rapidly expanding across Africa through very low prices, broad product ranges and aggressive social-media marketing. Businesses and unions warn that spending shifting to Asia could hurt local retailers, manufacturers and jobs. A South African study estimated that about 8,100 retail and manufacturing jobs failed to materialize in 2024, while the clothing workers’ union has called for tighter controls and even proposed banning the apps in South Africa.
DDWOriginal★★☆☆☆2026-09-04 13:49
Aleksandar Vulin, leader of Serbia’s Movement of Socialists and chairman of Srbijagas’s supervisory board, said Moscow and Belgrade would always find a way to resolve payment-system issues. He said he had no new information on the possible launch of Russia’s Mir system in Serbia, but was relying on continued cooperation with the Russian government and companies.
TTASSOriginal★★★☆☆2026-09-04 13:39
British businesses expect to raise their prices a little more slowly over the coming year, according to a Bank of England survey published on Friday.
RReutersOriginal★★☆☆☆2026-09-04 13:35
Russian aluminum producer Rusal says it is developing a bauxite-alumina complex in Indonesia as part of its diversification strategy in the Pacific region. Indonesian President Prabowo Subianto confirmed the partnership at the Eastern Economic Forum and said Rusal is building facilities with Indonesian companies.
TTASSOriginal★★★☆☆2026-09-04 13:32
Live analysis focuses on the United States jobs report for August.
BBloomberg NewsOriginal★★★☆☆2026-09-04 13:30
U.S. job growth accelerated sharply in August while unemployment stayed at 4.1%, indicating a still stable labor market and leaving a Federal Reserve rate hike this month under consideration.
The US economy added 162,000 jobs in August, exceeding expectations.
U.S. nonfarm payrolls increased by 162,000 in August, well above the 53,000 gain expected by the Dow Jones consensus. The unemployment rate remained at 4.1%.
The U.S. added 162,000 jobs in August, exceeding expectations as the labor market bounced back. The report will be important as the Federal Reserve weighs whether to raise interest rates at its September policy meeting.
ProCap Financial sold about 50 BTC and bought back more than 2% of its common stock while shares traded roughly 40% below net asset value. Although its Bitcoin balance fell about 0.9%, the share count dropped around 2%, increasing Bitcoin exposure per share by about 1.1%.
CCryptoSlateOriginal★★☆☆☆2026-09-04 13:30
Sterling held steady on Friday as markets awaited monthly US employment figures that could play a key role in determining the dollar’s pace over the next several weeks.
RReutersOriginal★★☆☆☆2026-09-04 13:25
COP31 is expected to give Türkiye’s tourism season a boost.
TTRT WorldOriginal★★☆☆☆2026-09-04 13:22
Russia has harvested more than 110 million tonnes of grain so far in 2026, including 83.5 million tonnes of wheat, Agriculture Minister Oksana Lut said. About 70% of the grain and pulse area has been threshed, and she said domestic wheat and grain needs are already fully covered despite difficult harvesting conditions.
TTASSOriginal★★★☆☆2026-09-04 13:18
Anton Kobyakov, an aide to the Russian president and executive secretary of the Eastern Economic Forum organizing committee, said the Northern Sea Route is a key, safe and cost-effective trade corridor amid the global logistics crisis. Transit times are at least two to 2.5 times shorter than on alternative routes, while bottlenecks at the Panama Canal and Strait of Hormuz are disrupting Europe-Asia cargo flows.
TTASSOriginal★★★☆☆2026-09-04 13:18
Citadel has discussed acquiring U.S. oil production assets, according to five people familiar with the matter. The hedge fund and commodities trader is considering expanding further into ownership of physical assets.
RReutersOriginal★★☆☆☆2026-09-04 13:05
An analysis by one of Ireland’s main research bodies estimates that house prices are overvalued by about 17%, highlighting the acute housing crisis as a shortage of supply persists.
BBloomberg NewsOriginal★★★☆☆2026-09-04 13:00
Analysis from one of Ireland’s main research bodies estimates that house prices are overvalued by about 17%, highlighting the acute nature of the country’s housing crisis.
Russian Deputy Prime Minister Alexander Novak said Russia and China should build and modernize gas and oil pipelines, port capacity, power facilities, and logistics corridors to make their energy partnership more resilient to external factors. He also cited joint funds, private investment, consortia for major infrastructure projects, and broader use of national currencies as areas for cooperation.
TTASSOriginal★★★★☆2026-09-04 12:53
Brazil’s ambassador to the EU, Pedro Miguel da Costa e Silva, said Brasília believes its meat does not need to be audited. He told Euronews that “all options are on the table” after Brazil threatened retaliation over the EU ban on Brazilian meat imports linked to antibiotic use.
EeuronewsOriginal★★★★☆2026-09-04 12:51
Statistics Canada said Friday that Canada shed 42,000 jobs in August, while the unemployment rate remained unchanged at 6.4%.
CCBC NewsOriginal★★★☆☆2026-09-04 12:46
Bitcoin accelerated above $81,000 as easing rate concerns and fresh institutional demand lifted crypto markets. US spot Bitcoin ETFs took in $730.9 million on Thursday, while spot volumes and large-holder exchange flows also rose. Yet options positioning remains concentrated near key strikes, leaving traders cautious about a sustained breakout.
CCryptoSlateOriginal★★☆☆☆2026-09-04 12:45
Diesel prices have reached a record high as the wars in Ukraine and Iran take refineries offline, raising concerns about inflation. Ukraine’s strikes on Russian refineries have prompted Moscow to ban diesel exports.
CCNBCOriginal★★★★☆2026-09-04 12:40
India is preparing for an unprecedented single-day batch of six share offerings next week. After a weak start to 2026, companies are moving faster to raise funds, with the U.S.-Iran war providing the backdrop.
RReutersOriginal★★☆☆☆2026-09-04 12:30
The latest Hong Kong government Silver Bonds offering drew record subscription levels in both volume and value. By the 2pm Friday deadline, investors had submitted 478,000 bids for HK$119.8 billion (US$15.28 billion) of bonds, as elderly residents sought returns above bank-deposit rates.
S
South China Morning PostOriginal★★☆☆☆2026-09-04 12:26
Prized salmon sold for a record price of more than $1,200 per kilogram at the first auction of the season in Hokkaido, northern Japan.
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NHK WORLD-JAPANOriginal★☆☆☆☆2026-09-04 12:15
Russian Deputy Prime Minister Alexander Novak said 94% of the country’s oil exports are now sent to friendly nations. Russia remained China’s leading supplier, with exports to the country up 25% in the first seven months of 2026.
TTASSOriginal★★★☆☆2026-09-04 12:14
Russia now directs 94% of its oil exports to friendly countries, Deputy Prime Minister Alexander Novak said. He said Middle Eastern supply disruptions amid worsening military and political tensions had highlighted Russian companies’ role as reliable providers, while exports to China rose 25% in the first seven months of the year.
Rosneft CEO Igor Sechin said Russia-China trade has grown more than 50-fold over 30 years and now significantly exceeds $200 billion. China accounts for 34% of Russia’s total trade, while bilateral trade rose 26% year-on-year in the first seven months of 2026.
TTASSOriginal★★★☆☆2026-09-04 12:13
Australia’s securities regulator is giving crypto businesses that require financial-services authorization until Sept. 30 to enter a licensing or compliance pathway, notify ASIC of an application, or wind down. From Oct. 1, firms that have not met the relevant conditions will lose the temporary no-action protection and could face civil or criminal penalties.
CCryptoSlateOriginal★★★☆☆2026-09-04 12:10
Gazprom CEO Alexey Miller says the company has raised combined gas deliveries to Kazakhstan, Kyrgyzstan and Uzbekistan by nearly 70% this year. He also says the Kharasavey field on the Yamal Peninsula is nearing launch.
TTASSOriginal★★☆☆☆2026-09-04 11:51
Gazprom CEO Alexey Miller said foreign partners working with Russian gas would feel confident this winter. He highlighted expanding cooperation with China, where Power of Siberia supplies are reaching new daily records, and said a Far Eastern gas export pipeline is due to enter service in January 2027 on schedule.
TTASSOriginal★★☆☆☆2026-09-04 11:47
Russian Deputy Prime Minister Alexander Novak said Russia and China are discussing the Power of Baikal gas pipeline, previously called Power of Siberia 2, and have agreed to continue preparing a supply contract. He also said most independent Russian fuel stations are receiving supplies, while diesel exports remain suspended pending inventory levels and no changes to the damping mechanism are planned.
Chinese Vice Premier Ding Xuexiang urged deeper energy cooperation with Russia while co-chairing the 23rd meeting of the China-Russia Energy Cooperation Committee in Vladivostok with Russian Deputy Prime Minister Alexander Novak. The sides reviewed cooperation across oil, gas, coal, electricity, renewables and nuclear power, reached broad consensus and signed the meeting minutes.
CCGTNOriginal★★★★☆2026-09-04 11:47
Chinese President Xi Jinping congratulated the eighth China-Russia Energy Business Forum in Vladivostok, saying bilateral energy cooperation has produced fruitful results and supported both countries’ development. He said China is ready to deepen cooperation with Russia and jointly protect the stability and smooth operation of energy industry and supply chains. Russian President Vladimir Putin also sent a message.
Chinese President Xi Jinping sent congratulations to the 8th China-Russia Energy Business Forum in Vladivostok, saying bilateral strategic coordination and energy cooperation have maintained strong momentum. He said China is ready to deepen energy ties with Russia and jointly protect the stability of energy industrial and supply chains. Russian President Vladimir Putin also sent a message.
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