All News

NEW YORK – Citigroup Inc will search for a new compliance chief as its general counsel takes on oversight of compliance functions in keeping with a 2020 order from U.S. …

TOKYO – Japan’s Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc, …

By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years as concerns grew about supply …

By Joan Faus and Supantha Mukherjee BARCELONA – Geopolitics and technology intertwined at the Mobile World Congress this week as more than 61,000 people gathered in the Spanish city of …

LONDON – British supermarket group Sainsbury’s has removed from sale all products that are 100% sourced from Russia in response to Russia’s invasion of Ukraine, it said on Friday. It …

By Seher Dareen – A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are …

OSLO -Shipping and logistics group Maersk will sharply curtail its transport of goods to Belarus to comply with sanctions over Russia’s invasion of Ukraine, it said on Friday. “Only bookings …

– Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of Ukraine. Investors offloaded global equity …

By Ceyda Caglayan ISTANBUL – Textile and leather goods’ makers in Istanbul’s garment district are feeling the impact of Russia’s invasion of Ukraine as customers in Moscow and Kyiv have …

By Tim Hepher PARIS -Dassault Aviation voiced frustration over a dispute with partner Airbus about the next phase of work on the European FCAS fighter project and said it was …

LONDON – The euro extended its falls across the board on Friday and was poised for its biggest weekly drop in seven years against the Swiss franc as investors dumped …

By Christoph Steitz and Tom Käckenhoff FRANKFURT – RWE on Friday said one of its long-term gas contracts with a Russian supplier was dormant, limiting the exposure for Germany’s largest …

-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 …