Air Baltic Says Ukraine Ceasefire Would Help IPO Prospects
'If this happens, yes, that's a huge upside,' Gauss said on Wednesday in an interview in Brussels. 'In none of our forecasts we have included a single euro coming from there.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
38 minutes ago
- The Hill
OPEC+ countries to boost oil production by 547,000 barrels per day
NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a steady global economic outlook and low oil inventories. The group met virtually on Sunday and announced that eight of its member countries would increase oil production by 547,000 barrels per day in September. The countries boosting output, including Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, had been participating in voluntary production cuts, initially made in November 2023, which were scheduled to be phased out by September 2026. The announcement means the voluntary production cuts will end ahead of schedule. The move follows an OPEC+ decision in July to boost production by 548,000 barrels per day in August. OPEC said the production adjustments may be paused or reversed as market conditions evolve. When production increases, oil and gasoline prices may fall. But Brent crude oil, which is considered a global benchmark, has been trading near $70 per barrel, which could be due to a potential loss of Russian oil on the market and a large rise in crude inventories in China, according to research firm Clearview Energy Partners. 'President Trump has not obviously relented from his threat to sanction Russian energy if the Kremlin does not reach a peace deal with Ukraine as of August 7, potentially via 'secondary tariffs' on buyers,' Clearview Energy Partners said in an analyst note Sunday.
San Francisco Chronicle
40 minutes ago
- San Francisco Chronicle
OPEC+ countries to boost oil production by 547,000 barrels per day
NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a steady global economic outlook and low oil inventories. The group met virtually on Sunday and announced that eight of its member countries would increase oil production by 547,000 barrels per day in September. The countries boosting output, including Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, had been participating in voluntary production cuts, initially made in November 2023, which were scheduled to be phased out by September 2026. The announcement means the voluntary production cuts will end ahead of schedule. The move follows an OPEC+ decision in July to boost production by 548,000 barrels per day in August. OPEC said the production adjustments may be paused or reversed as market conditions evolve. When production increases, oil and gasoline prices may fall. But Brent crude oil, which is considered a global benchmark, has been trading near $70 per barrel, which could be due to a potential loss of Russian oil on the market and a large rise in crude inventories in China, according to research firm Clearview Energy Partners. 'President Trump has not obviously relented from his threat to sanction Russian energy if the Kremlin does not reach a peace deal with Ukraine as of August 7, potentially via 'secondary tariffs' on buyers,' Clearview Energy Partners said in an analyst note Sunday.
an hour ago
Trump admin live updates: Trump, Schumer trade barbs over Senate nominations
The Senate voted on some of Trump's nominations before the August recess. 2:17 The Senate on Saturday considered some of President Donald Trump's nominations before the August recess. Earlier this week, Trump issued an executive order slapping tariffs on many of America's trading partners but the new duties are set to go into effect in seven days. Trump also continues to face questions over his administration's handling of the Jeffrey Epstein files and his relationship with the accused sex trafficker. Latest headlines: 3 minutes ago Johnson makes last-minute visit to Israel 57 minutes ago Greer suggests Aug. 12 tariff deadline for China could slide 1 hour and 37 minutes ago Texas state House set to consider new congressional maps on Monday Here's how the news is developing. 46 Updates Jul 28, 2025, 10:00 AM EDT Trump says he is 'allowed' to pardon Ghislaine Maxwell, but it's 'inappropriate' to discuss When asked by reporters if he would pardon Ghislaine Maxwell -- the convicted associate of deceased sex offender Jeffrey Epstein -- President Donald Trump said he is "allowed to give her a pardon" but "nobody's approached me with it." "Nobody's asked me about it. Right now, it would be inappropriate to talk about it," Trump said on Monday. He said he hasn't been "overly interested" in the Epstein files, and called the 'whole thing a hoax' in regard to whether his name is in the files. Jul 28, 2025, 9:56 AM EDT Starmer says he has a 'very good relationship' with Trump British Prime Minister Keir Starmer said he has a "very good personal relationship" with President Donald Trump, emphasizing that the United Kingdom and the United States have "always stood together." In terms of best interests for the two countries, Starmer added that he and Trump have a "huge amount of common ground." Trump says he is 'not interested in talking' to Putin President Donald Trump said he has "always gotten along" with Russian President Vladimir Putin, but on Monday, he said he is "not interested in talking" to him. "Russia could be so rich right now. But instead, they spend everything on war. I really thought this was going to end. Every time I think it's going to end, he kills people," Trump said. Earlier on Monday, Trump said he would reduce the 50-day window for Russia to agree to a peace deal with Ukraine. Jul 28, 2025, 9:37 AM EDT Trump says Powell 'has to' cut interest rates While meeting British Prime Minister Keir Starmer, President Donald Trump said Fed Chair Jerome Powell "has to" cut interest rates. "He should cut. A smart person should cut," Trump said. This comes after Trump visited the Federal Reserve on Thursday, repeating calls for lower interest rates while standing alongside Powell.
