TKAMY - Ukraine War Update: Oil rallies but German industrial giant ThyssenKrupp sinks

Here are the latest headlines in the Russia-Ukraine crisis: ThyssenKrupp sinks on fears of high input prices ThyssenKrupp (OTCPK:TKAMY)(OTCPK:TYEKF) is tumbling Thursday after the German industrial giant suspended cash-flow guidance, began reviewing spending plans and put a spinoff of its steel business on hold because of the Russia-Ukraine War's impact on raw-materials prices. TKAMY warned that higher commodities prices could hurt its steel and auto-supplies businesses. Oil Prices Rally as Russia Denies Ceasefire Progress The risk premium that had dropped sharply from the energy markets is returning, with WTI crude rising back above $100 per barrel. Kremlin Says Reports of Major Progress in Talks Is 'Wrong' Kremlin spokesman Dmitry Peskov denied a Financial Times report of substantial progress on a 15-point peace plan, saying "On the whole, that's wrong," Bloomberg reported. Miners Climb as Gold Ticks Back Up Along with oil prices, the conflict in Ukraine has driven metals prices higher

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Ukraine War Update: Oil rallies, but German industrial giant ThyssenKrupp sinks