S&P to end this year 1% lower amid Ukraine crisis – Goldman
– The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs…
– The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs…
By Ludwig Burger -Sanofi’s shares slid 5% on Monday after a drug candidate to fight a common type of breast cancer failed to slow progression of the disease in a…
By Timothy Aeppel – Surging inflation is disrupting everything from carpools to the ability to quote prices on new business at already-strained U.S. factories. At BCI Solutions Inc., a metal…
By Elizabeth Dilts Marshall NEW YORK – Staff turnover on Wall Street is set to surge in coming weeks as investment bankers who held off job-hunting during the pandemic cash…
– Russians rushed to buy electronics and pharmaceuticals and spent more on clothes and food in the first week of March, Promsvyazbank (PSB) said, stockpiling goods as the rouble plunged…
MADRID – Spain expects “in the coming hours” to approve emergency purchases of corn from Argentina and the United States for animal feed after supply gaps left by Russia’s invasion…
By David Milliken LONDON – Pet collars and casual clothing are replacing takeaway doughnuts and men’s two-piece suits this year as Britain’s statisticians update their inflation calculations to account for…
LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest…
FRANKFURT – Swiss Re said on Monday that it was not taking on new business with Russian and Belarusian clients, and that it was not renewing existing business with Russian…
PARIS – French luxury group Kering said on Monday its Kering Eyewear division had signed an agreement to acquire U.S. high-end sunglass maker Maui Jim, Inc. for an undisclosed amount.…
AMSTERDAM – Dutch paints and coatings maker Akzo Nobel expects its four plants in Russia to be out of business within a few months due to economic sanctions and a…
By Elvira Pollina and Valentina Za MILAN -Telecom Italia said on Sunday it would start formal talks with KKR to assess the U.S. fund’s potential 10.8 billion euro ($11.8 billion)…
A look at the day ahead in markets from Julien Ponthus. There’s arguably never a good time for the COVID-19 pandemic to make a comeback but the surging cases in…
By Sam Nussey TOKYO -SoftBank Group Corp’s Vision Fund sold shares worth $1 billion in South Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of…
By Simon Jessop, Tommy Wilkes and Tim Hepher LONDON/PARIS -Largely ignored by the growing ranks of Europe’s socially minded investors, defence firms see a fresh chance to argue for a…
(Corrects surname in third-from-last paragraph to Brown in this March 8th story) By Lisa Pauline Mattackal and Medha Singh – Bitcoin’s been known to freak out when Elon Musk tweets…
NEW DELHI – India’s annual wholesale price-based inflation accelerated to 13.11% in February from the previous month’s 12.96%, government data showed on Monday. February’s figure was higher than 12.10% forecast…
By Tom Sims, John O’Donnell and Frank Siebelt FRANKFURT -Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in…
By Christina Amann and Nick Carey BERLIN – Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as…
SHANGHAI – China will further cut interest rates to stabilise the economy, as shrinking China-U.S. yield spreads won’t change Beijing’s monetary policy loosening bias, the China Securities Journal reported on…
By Howard Schneider WASHINGTON – In what now seem the simpler days of December, when there was only a pandemic to worry about, Federal Reserve officials rallied around the view…
(This March 13 story corrects size of Morowali industrial park in paragraph 20, and to show production data is for whole company, not only for its Sulawesi facilities, in paragraph…
By Jorge Iorio and Eliana Raszewski BUENOS AIRES – Argentina has halted registration of export sales of soy oil and meal, the South American country’s government said in a statement…
LONG BEACH ISLAND, NJ – One of New Jersey’s most famous and iconic lighthouses, the Barnegat Lighthouse, nicknamed “Old Barney” will close from March 15th until October for a restoration…
TOMS RIVER, NJ – The Toms River Police reported a 24-year-old Toms River man was struck and killed on Route 37 while learning how to ride a motorcycle. Police said…