Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of the effect Western sanctions over Russia's invasion of Ukraine are having in China

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in March, indicating the steepest rate of contraction since February 2020

Starting in May, the US will release 1 million barrels per day (bpd) of crude oil for six months from the Strategic Petroleum Reserve

The food security initiative had the backing of the G7 and will now be discussed with G20 nations, including China and India

Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of the country's Covid-19 outbreak in 2020

Move would mark the third time the US has tapped strategic reserves in six months, and would be the largest release in the near 50-year history of the reserve system

The actions include support to boost domestic production, alternative procurement and to help technological developments to reduce use of the materials

The ban on Russia-bound precious metal reflects Prime Minister Fumio Kishida's resolve to impose further sanctions against the country

Tata Consumer said the plantation business would be included in its beverage and foods unit known for the Tetley and Tata Tea brands

Egypt is reeling from a surge in bread and flour prices after Russia's invasion of Ukraine closed off access to lower-priced Black Sea wheat

Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, amid talk that Moscow wants to boost trade and payment systems because of sanctions over Ukraine

Saudi and the UAE want the US to make policy concessions before they boost output to reduce global oil prices, analyst Greg Priddy says