Only the Energy, Metals, and Utility sectors have rescued a poor 1st quarter performance on the market indices from a disastrous one. Fueled by spiking oil and commodity prices which market forecasters predict will only continue amid heightened geopolitical risks between Russia and Ukraine, rising inflation, and interest rates.
Insights
Opinion and insights on some of the latest events in the corporate and business worlds, the world financial markets, and the movers and shakers who pull the strings.
US oil giant ExxonMobil follows in the footsteps of BP and Shell by cutting ties with Russia following the invasion of Ukraine.