Govt loses appeal against $111 mn arbitration award in dispute with RIL, Shell

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Govt loses appeal against $111 mn arbitration award in dispute with RIL, Shell

The government of India also raised counter claims over expenditure incurred, inflated sales, excess cost recovery, and short accounting.
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Oil Extends Losses as Investors Weigh US Inflation, China Demand – Investing.com

(Bloomberg) — Oil extended losses for a third session as investors weighed the prospect of further monetary tightening to combat surging US
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More Commodity Inflation Beckons as War Boosts Coal: Bloomberg Survey | Financial Post

(Bloomberg) — The global commodity business can get a whole lot more expensive — and dirtier, too. Advertisement 2. Story continues below.
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Larry Summers sees likely U.S. recession in next 2 years, says GOP support of Jan. 6 Capitol …

… it's almost always followed within two years by recession,” Summers said on CNN's “State of the Union,” Bloomberg reported.
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Lockdown Fears Linger as Beijing Says Harder to Control Cluster – Bloomberg.com

Officials dismissed in Shanghai related to quarantine failures. Bloomberg News. June 11, 2022, 7:43 PM PDT Updated on June 12, 2022, 5:44 AM PDT
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