Pizza company DP Eurasia to stay in Russia, cannot give 2022 outlook
By Anna Pruchnicka (Reuters) – DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said it plans to stay in Russia, but could not give an outlook…
By Anna Pruchnicka (Reuters) – DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said it plans to stay in Russia, but could not give an outlook…
TOKYO – Nissan Motor Co is pushing back the release date of the electric Ariya B6 SUV again due to a global shortage of semiconductors and other supply chain disruptions,…
By Megan Davies and Alexandra Alper NEW YORK/WASHINGTON -The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves…
SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep annual inflation in double digits,…
By Tatiana Bautzer SAO PAULO – Latin American bankers expect investors to overlook political worries in the region this year and keep investing in local companies, buoyed by strong commodities…
By Hannah Lang (Reuters) – Last week, a top U.S. banking regulator warned of growing risks as banks start to capitalize on the popularity of cryptocurrencies to offer related services…
By Jonathan Cable LONDON – Euro zone business growth got a boost last month from the re-opening of economies following the Omicron coronavirus variant, according to a survey which however…
FRANKFURT – Germany’s unlisted Boehringer Ingelheim said operating income rose 1.8% in 2021, driven by more prescriptions of diabetes drug Jardiance and demand for its veterinary drugs as people purchased…
By Svea Herbst-Bayliss BOSTON -Activist investment firm Macellum Advisors GP LLC on Monday urged Kohl’s Inc to be more open about its sales process, urging the retailer to give bidders…
(Reuters) – Steel baron Vladimir Lisin, listed by Forbes magazine as Russia’s third richest man, told Kommersant newspaper on Tuesday that Moscow’s plans to charge roubles for its exports would…
By Leika Kihara and Tetsushi Kajimoto TOKYO -Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday the yen’s recent moves were “somewhat rapid”, joining a chorus of policymakers who…
DUBLIN -Ryanair expects average air fares during this year’s summer peak season to be 5-10% higher than pre-pandemic prices in the same period of 2019, Group Chief Executive Michael O’Leary…
BERN – While Swiss financial firms’ business ties to Russia are “not insignificant”, financial market supervisor FINMA does not currently foresee a wide-scale threat to the Swiss financial market and…
By Gaurav Dogra (Reuters) – Asian equities witnessed steep foreign outflows in March, hit by worries over higher inflation as commodity prices soared due to an escalating conflict between Russia…
MADRID – Growth in Spain’s services sector slowed in March as uncertainty weighed after Russia invaded Ukraine, truckers went on strike and energy costs climbed, a survey showed on Tuesday.…
LONDON – British shoppers are increasingly choosing own-label products to help counter surging inflation, according to research by NielsenIQ that showed overall supermarket spending down on a year ago when…
A look at the day ahead in markets from Dhara Ranasinghe. Even the most dovish central banks are now caving in, and accepting the need to act against persistent inflation.…
By Wayne Cole SYDNEY – Australia’s central bank on Tuesday opened the door to the first interest rate increase in more than a decade as it dropped a previous pledge…
COLOMBO – The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic developments in Sri Lanka “very closely” as public unrest in the island nation…
SHANGHAI – Huawei Technologies paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, according to a filing with the Shanghai…
(Reuters) – Russia’s services sector activity shrank in March at the fastest rate since May 2020 when the COVID-19 pandemic hit, due to a slump in client demand and new…
By Asha Sistla (Reuters) – Gold eased on Tuesday as the U.S. dollar held firm on rising prospects of more sanctions against Russia and possibly bigger interest rate hikes by…
By Saqib Iqbal Ahmed NEW YORK – Some well-timed trades in the options on Twitter Inc, in the days before Tesla Inc’s top boss Elon Musk revealed a large stake…
By Tina Bellon TUCSON, Ariz. – U.S. self-driving truck companies have a golden opportunity in the form of a nationwide driver shortage, but their robot drivers still are not ready and…
DUBAI – Saudi Arabia’s non-oil private sector kept up its solid pace of growth in March as output expanded at the fastest rate in over four years, a survey showed…