-Michelin said on Friday its world famous guide would suspend all restaurant recommendations in Russia in response to Moscow’s invasion of Ukraine. All development projects Russia were now frozen, it…
MOSCOW – The operator of Russia’s Nord Stream 2 natural gas pipeline to Germany has not filed for insolvency, TASS news agency cited the company as saying on Friday. (Reporting…
By Dietrich Knauth, Jonathan Stempel and Tom Hals – The Sackler family owners of Purdue Pharma LP reached a deal with a group of attorneys general to pay up to…
MOSCOW -Russia’s parliament on Friday passed a law that makes it easier for the government to use the country’s National Wealth Fund (NWF) to buy stocks of Russian companies and…
By Nichola Saminather TORONTO – TD Bank’s planned $13.4 billion purchase of First Horizon Corp would give it access to one of the fastest growing regions in the United States,…
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its best week in two years as concerns grew about supply shortfalls…
– Companies across Europe and North America have begun offering aid to Ukrainian authorities and people fleeing war following Russia’s invasion, as over a million leave their homes and head…
MOSCOW – Russia’s largest bourse, Moscow Exchange, said on Friday Russian companies with direct access to trading will need to pay a 12% commission if they want to buy foreign…
By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged the government to consider measures…
WASHINGTON – U.S. President Joe Biden on Friday will announce requirements for the government to buy more made-in-America goods at a White House event where Germany’s Siemens AG will commit…
BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel and muted spending on food…
By Heekyong Yang SEOUL – South Korea’s Hyundai Motor Co said on Friday it has not decided when to resume operations at its assembly plant in St Petersburg, Russia, citing…
LONDON – Britain’s construction sector grew at its fastest pace since mid-2021 in February as disruption from the Omicron coronavirus wave eased and input costs rose at the slowest pace…
By Krystal Hu – Roman Abramovich will not rush his divestment of English football team Chelsea FC, an adviser on the sale process told Reuters, even as Britain is considering…
BEIJING – China summoned some key rare earths companies amid continuously-rising product prices and urged them to ensure a steady supply chain to help cool prices, the regulator said on…
By Uditha Jayasinghe COLOMBO – Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel factory in Sri Lanka so…
-France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it reported a steep rise in annual earnings fuelled by higher deliveries…
MOSCOW – Foreign companies that want to leave Russia will receive fast-tracked bankruptcy protections or can hand their stakes over to local managers until they return to Russia, First Deputy…
A look at the day ahead in markets from Dhara Ranasinghe. A fire at a training building near the largest nuclear power plant in Europe during intense fighting between Russian…
AMSTERDAM – Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) in outstanding loans were “affected”…
MOSCOW – The Moscow Exchange said on Friday it imposed a ban on short selling of euro currency and stock instruments, in a further move by Russian authorities are taking…
By Davide Barbuscia NEW YORK – U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with…
TOKYO – Japan’s next central bank governor should be someone who understands the need to work with the government in beating deflation, Prime Minister Fumio Kishida said on Friday. Markets…
By David Gaffen and Stephanie Kelly – Bulls have surged into the U.S. crude oil options market in recent days as futures touch highs not seen in a decade, betting…
(Corrects juxtaposition of words in name of networking forum in paragraph 8) By Eduardo Baptista and Clare Jim BEIJING/HONG KONG – China’s so-called “common prosperity” push in the near-term will…