David McHUGH
The Associated Press
Frankfurt, HE, Germany
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Past articles by David:
Adidas wonders what to do with Yeezy shoes after Ye split
Adidas is still wrestling with how to dispose of $1.3 billion worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West. The split forced the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead. → Read More
Adidas wonders what to do with Yeezy shoes after Ye split
Adidas is still wrestling with how to dispose of $1.3 billion worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West. The split forced the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead. → Read More
Adidas wonders what to do with Yeezy shoes after Ye split
Adidas is still wrestling with how to dispose of $1.3 billion worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West. The split forced the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead. → Read More
Europe bans Russian diesel, other oil products over Ukraine
The European Union is launching its ban on imports of Russian diesel fuel. Starting Sunday, the 27-country EU is taking the step to further slash its energy dependency on Moscow. → Read More
Will your gas prices go up with the Russian diesel stoppage?
The EU's next big step in bleeding Russia's economy for its war on Ukraine could hit fuel prices again, shortly after they recovered from an early-war hike. → Read More
Powell: Fed has only narrow role to play on climate change
WASHINGTON (AP) — The Federal Reserve has only a limited role to play in combating climate change, Chair Jerome Powell said Tuesday, a stance that puts him at odds with environmental activists who … → Read More
Helping Ukraine is 'self-preservation,' finance chief says
FRANKFURT, Germany — Ukraine’s finance minister says crucial Western financial support is “not charity” but “self-preservation” in the fight to defend democracy as his country deals with growing costs to repair electrical and heating infrastructure wrecked by Russian attacks. Serhiy Marchenko also told The Associated Press in an interview Thursday from Kyiv that he believes […] → Read More
Ukraine says it shot down over 60 Russian missiles in latest onslaught
Ukraine’s air force said Monday it shot down more than 60 of about 70 missiles that Russia fired on in its latest barrage against Ukraine. → Read More
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
The OPEC oil cartel and allied producers including Russia aren't changing their targets for shipping oil to the global economy. → Read More
Can Ukraine pay for war without wrecking economy?
Ukraine has won victories on the battlefield against Russia but faces a looming challenge on the economic front. The government has been relying on the central bank to print money → Read More
G-7 joins EU on $60-per-barrel price cap on Russian oil
WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on... → Read More
G-7 joins EU on $60-per-barrel price cap on Russian oil
WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine. Europe […] → Read More
G-7 joins EU on $60-per-barrel price cap on Russian oil
WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder … → Read More
EXPLAINER: How will OPEC+ cuts affect oil prices, inflation?
FRANKFURT, Germany — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the law of supply and demand suggests that can only mean one thing: higher prices are on the way for crude, and for the diesel fuel, gasoline and […] → Read More
OPEC+ cuts: How will it affect gas prices and inflation?
The decision by the OPEC+ alliance to cut 2 million barrels a day starting next month comes as the Western allies are trying to cap oil money flowing into Russia. → Read More
Concepcion in control, Van der Valk falters
FIDEL CONCEPCION fought Guido Van der Valk shot-for-shot and putt-for-putt and traded miscues after miscues in a highly-charged battle for control in another blustery day at Langer then regained the lead as the Dutch fumbled with two closing bogeys in the third round of the International Container Terminal Services Inc. (ICTSI) Riviera Championship Thursday in → Read More
OPEC+ makes big oil cut to boost prices; pump costs may rise
FRANKFURT, Germany (AP) — The OPEC+ alliance of oil-exporting countries decided... → Read More
OPEC+ makes big oil cut to boost prices; pump costs may rise
FRANKFURT, Germany — The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections. Energy ministers cut production by a larger-than-expected 2 million […] → Read More
OPEC+ makes big oil cut to boost prices; pump costs may rise
The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy — a move that could help Russia weather a looming European ban on oil imports and raise gasoline prices for U.S. drivers just ahead of national midterm elections. → Read More
OPEC+ weighs large oil cutback to boost sagging prices
The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy — a move that could help Russia weather a looming European ban on oil imports and raise gasoline prices for U.S. drivers just ahead of national midterm elections. → Read More