By Sinead Cruise and Carolina Mandl (Reuters) -Citigroup has started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the matter said on…
(Reuters) – The U.S. labor force is not increasing fast enough to help with the Fed’s immediate battle with inflation, St. Louis Fed president James Bullard said Thursday, discounting the…
(Reuters) – The Russian finance ministry together with the central bank are working on measures to make the rouble exchange rate more predictable and less volatile, Finance Minister Anton Siluanov…
(Reuters) – Moscow has doubled the state support available for opening a fastfood chain in the city to 5 million roubles ($63,000), a city spokeswoman told Reuters, hoping this will…
By Jesús Aguado MADRID – Banks and supervisors are concerned about implementing sanctions against Russian oligarchs as they vary in scope and in who they target across different jurisdictions, Bank…
By Yuka Obayashi TOKYO – The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as…
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected…
By Bhanvi Satija (Reuters) -Pfizer Inc said on Thursday it would buy privately-held ReViral Ltd in a deal worth as much as $525 million including milestone payments, to gain access…
By Katanga Johnson and Elizabeth Dilts Marshall WASHINGTON/NEW YORK -The U.S. consumer watchdog plans to ramp up enforcement actions against lenders that illegally charge credit card late-payment fees and may…
(Reuters) – BlackBerry said on Thursday it had agreed to pay $165 million to settle a more than eight-year-old class action lawsuit brought against it for allegedly defrauding shareholders by…
LONDON – Quantitative easing may be the wrong tool to tackle any future episodes of bond market turmoil, especially given how high inflation is now, Bank of England Chief Economist…
By Nora Buli OSLO – Russian gas deliveries to Europe via the Yamal-Europe pipeline reversed direction to flow from Germany to Poland on Thursday morning and supplies via Ukraine also…
FRANKFURT -European Central Bank policymakers appeared keen to unwind stimulus at their March 10 meeting, with some pushing for even more action, as conditions for raising rates had either been…
By Elizabeth Culliford (Reuters) – Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the…
By Gilles Guillaume PARIS – Renault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly…
By Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing…
MILAN – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder the Banettons, the…
By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at…
MADRID – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic impact from Russia’s invasion of…
By Nichola Groom (Reuters) – The Solar Star project in California is among the largest solar energy facilities in the world, boasting 1.7 million panels spread over 3,000 acres north…
LONDON – Major Generali shareholder Union Investment supports existing management in the insurer led by chief executive Philippe Donnet, a portfolio manager in the firm said on Thursday. Generali is…
(Corrects split in rate expectations in paragraph 4) By Swathi Nair BENGALURU – Recession risks in the euro area are rising, with euro zone inflation seen running hot for the…
By Carolyn Cohn, Pamela Barbaglia and Valentina Za LONDON -A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest…
By David Lawder and Dan Burns (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the…
By Amna Karimi (Reuters) -Ladbrokes owner Entain saw a rise in first-quarter revenue, boosted by a rebound in its retail betting shops and an expansion of its U.S. joint venture,…