Gunvor to expand in United States after strong profits - CEO

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Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.

The 'Be All You Can Be' slogan dominated its recruiting ads for two decades starting in 1981. A nearly two-minute preview video, made available before the campaign rollout in early March, featured soldiers jumping out of airplanes, working on helicopters, climbing obstacle courses and diving underwater.

UNITED NATIONS, March 20 (Reuters) - The United States, China and Russia argued during a United Nations Security Council meeting on Monday over who was to blame for spurring North Korea's dozens of ballistic missile launches and development of a nuclear weapons program.

BRUSSELS, March 20 (Reuters) - European Union member states have agreed to supply one million rounds of artillery ammunition to Ukraine, Estonian Defence Minister Hanno Pevkur said on the sidelines of a meeting with his EU counterparts in Brussels on Monday.

Russia and China, veto powers along with the United States, Britain and France, have said more sanctions will not help and want such measures to be eased. For the past several years the council has been divided over how to deal with Pyongyang.

"It was a very, very good year. All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised.

China and Russia blamed joint military drills by the United States and South Korea for provoking Pyongyang while Washington accuses Beijing and Moscow of emboldening North Korea by shielding it from more sanctions.

"While the IOC has made no final decisions yet, we strongly urge it to reconsider its plans and return to the original well-proven stance supported by the international community," the Polish statement said.

Thomas-Greenfield said lifting U.N. sanctions would reward Pyongyang "for doing nothing to comply with Security Council resolutions." She accused Pyongyang of depriving North Koreans of needed humanitarian assistance.

"We strongly believe that now is not the time to consider the opening up of a pathway for Russian and Belarusian athletes to return to the Olympic Games in any status," the Polish foreign ministry said in a statement issued jointly with Britain, Latvia, Lithuania and Estonia.



And images from the  on Saturday show that fans can still buy the new strips with the Argentina international's name and No 7 on the back for £76.95. Alternatively supporters can buy a nameless home jersey for £60.







WARSAW, March 27 (Reuters) - Russian and Belarusian athletes should be banned from the 2024 Olympics in Paris unless Moscow pulls its forces out of Ukraine, according to Poland, Britain and the Baltic states, despite the IOC saying it plans to let them compete as neutrals.

LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.

The International Olympic Committee (IOC) sanctioned Russia and Belarus after Moscow's invasion of Ukraine in February 2022 but is now reluctant to exclude their athletes from the Olympics entirely for fear of a return to the boycotts of the Cold War era.



and the rest is demand destruction, close to 20%. Some of it is weather related," he said. That´s about 1,000 LNG cargoes. We think Europe was able to cover about half... "Europe was taking about 110 billion cubic meters per year from Russia.

The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine.
"We are looking at whether to take a provision on our books for 2022," Tornqvist said.


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