Financial News

(Reuters) -All foreign leased aircraft still in Russia after the termination of Western leasing contracts will remain in Russia, Deputy Prime Minister Yuri Borisov said on Thursday. Sanctions imposed by …

By Silke Koltrowitz GENEVA – Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians …

By Arriana McLymore and Siddharth Cavale NEW YORK – Target Corp is preparing to let shoppers use food stamps to pay for online orders, following in the footsteps of Walmart …

By David Shepardson WASHINGTON -A U.S. House of Representatives committee said on Wednesday it will hold an April 5 hearing on U.S. Postal Service (USPS) plans to purchase electric vehicles, …

By Nelson Bocanegra BOGOTA – Colombia’s inflation figures will have registered another increase in March, taking them to nearly triple the central bank’s target rate and pressuring policymakers to further …

CHICAGO – U.S. farmers intend to plant 89.490 million acres of corn in 2022, down 4% from last year and below the lowest in a range of trade expectations, the …

By Nia Williams CALGARY, Alberta -Canada’s first emissions reduction roadmap relies heavily on the oil and gas sector to help Ottawa reach its 2030 climate goal, but there is a …

By Marcela Ayres BRASILIA – Brazil’s central bank more than quadrupled its foreign reserves in Chinese yuan last year, policymakers reported on Thursday, as it trimmed holdings of U.S. dollars …

By Tina Bellon and Joseph White (Reuters) -Automakers racing to develop battery-powered, software-driven vehicles to compete with Tesla Inc are confronting a new challenge: what technology to build themselves, and …

(Reuters) – Global green financing, aimed at environmentally friendly projects around the world, has grown over 100 times in the past decade, a new study from the TheCityUK and BNP …

CAIRO – Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by …

By Tim Hepher BRUSSELS -The boss of Irish budget carrier Ryanair raised the stakes in a feud with Boeing over jet prices by saying he could do without a long-stalled …

By Timothy Gardner NEW YORK – President Joe Biden on Thursday will announce the release of a million barrels of crude oil every day for the next six months from …

By Nina Chestney LONDON – President Vladimir Putin signed a decree on Thursday requiring foreign buyers to pay roubles for Russian gas from April 1 or see their contracts halted, …

(Reuters) – Consumer inflation in Russia in 2022 is expected to accelerate to its highest since 1999, while the economy will stage its deepest contraction since 2009 as a result …

By Lucia Mutikani WASHINGTON – U.S. consumer spending barely rose in February as an increase in spending on services was offset by declining purchases of motor vehicles and other goods, …

By Andrea Shalal WASHINGTON – The International Monetary Fund and Argentine government have been “clear-eyed” about the exceptionally high risks facing the Argentine economy and a new $44 billion IMF …

By Michelle Price WASHINGTON – U.S. listed companies that hold cryptocurrencies on behalf of users and customers should account for those assets as a liability on their balance sheet and …

By Makiko Yamazaki and Junko Fujita TOKYO – Toshiba Corp’s top shareholder said it had agreed to sell its stake to Bain Capital if the U.S. private equity firm launched …

WASHINGTON – The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in coming days, IMF spokesperson Gerry Rice said on Thursday, as the …

By Robert Muller and Jason Hovet PRAGUE -The Czech National Bank lifted its benchmark rate by 50 basis points to its highest level since 2001 on Thursday and said it …

By Krishna N. Das NEW DELHI -The United States will not set any “red line” for India on its energy imports from Russia but does not want to see a …

(Reuters) -Following are reactions to Russian President Vladimir Putin saying foreign buyers of Russian gas must pay in roubles from April 1, and that contracts would be halted if these …

LONDON – Exchange-traded funds (ETFs) are one of the most popular ways to invest in gold. Shares represent gold bars held in vaults and are easy to buy and sell, …

By Peter Hobson LONDON – Want to invest in ethical gold? It’s harder than it looks. A push by investment funds to avoid bullion from unethical sources by buying newly …