Financial News

By Chavi Mehta -AMC Entertainment Holdings Inc beat estimates for fourth-quarter revenue on Tuesday as box-office hits such as “Spider-Man: No Way Home” brought people back to the movies. Long-awaited …

– Australia’s Core Lithium Ltd on Wednesday entered into an agreement with Tesla Inc to supply the U.S. electric car maker with lithium spodumene, sending its shares up 13% in …

LONDON – Trading volumes in Russian bonds evaporated on Monday after Western nations stepped up sanctions in the wake of Moscow’s invasion of Ukraine, data from trading platform Marketaxess showed …

By Carolyn Cohn and Lawrence White LONDON -Russia said on Tuesday it was placing temporary restrictions on foreigners seeking to exit Russia assets, as it tried to stem an investor …

-Salesforce.com Inc on Tuesday reported quarterly revenue and profit above Wall Street estimates, as a pandemic-led shift to hybrid work kept up the strong demand for its cloud-based software, sending …

By Christian Kraemer and Chris Gallagher BERLIN/WASHINGTON -The Group of Seven major economies will convene a task force to focus on freezing and seizing assets of key Russian elites as …

– The VanEck Russia ETF tumbled 24% on Tuesday as the Russia-Ukraine crisis deepened, fanning investor anxiety. The exchange-traded fund has declined about 60% in the past week as investors …

By Andrea Shalal and David Lawder WASHINGTON -The International Monetary Fund and World Bank on Tuesday said they were racing to provide billions of dollars of additional funding to Ukraine …

By Maria Ponnezhath -U.S. payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow’s invasion of …

By Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that …

By Jarrett Renshaw and Laura Sanicola WASHINGTON – U.S. traders in the nation’s largest oil hubs have cautiously put imports from Russian companies on hold, even though the White House …

By Daina Beth Solomon MEXICO CITY – An overwhelming vote by workers at a northern Mexican factory to elect an independent union, defeating an entrenched labor group, could presage more …

NEW YORK -The rouble weakened past 100 against the dollar in Moscow trade and hit a record low of 117 in other markets on Tuesday, threatening the living standards of …

By Saqib Iqbal Ahmed NEW YORK – Options on a small, soon-to-be defunct exchange-traded fund tracking Russian stocks drew a rush of trading on Tuesday, as investors placed bets on …

By Diane Bartz WASHINGTON – Senators Elizabeth Warren and Amy Klobuchar and 11 other U.S. lawmakers pressed the president of the biggest pharmaceutical industry trade group Tuesday about what they …

– Ford Motor Co said on Tuesday that, given Russia’s invasion of Ukraine, it has informed joint venture partner Sollers it is immediately suspending operations in Russia until further notice. …

– Nike Inc has made merchandise purchases on its website and app unavailable in Russia as it cannot guarantee delivery of goods to customers in the country, an update on …

-Nordstrom Inc forecast full-year revenue and profit above estimates on Tuesday, signaling strong demand for its upscale apparel and footwear as Americans resume normal life, and driving its shares up …

By Scott DiSavino NEW YORK -Oil prices surged over 7% on Tuesday to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about …

By Herbert Lash and Marc Jones NEW YORK/LONDON -Oil shot back above $100 a barrel and U.S. and German government debt rallied on Tuesday as fears increased over the impact …

WASHINGTON – U.S. Trade Representative Katherine Tai and Labor Secretary Marty Walsh on Tuesday lauded Mexico’s efforts to assure a “fair and safe” union vote at the Tridonex auto parts …

WASHINGTON – U.S. Treasury Secretary Janet Yellen on Tuesday told European Commission Executive Vice President Valdis Dombrovskis that cooperation was needed on “further strong measures” in response to Russia’s invasion …

By Caroline Valetkevitch NEW YORK – The euro hit its lowest level against the U.S. dollar since June 2020 on Tuesday and the Russian rouble was down in volatile trading …

WASHINGTON -Facebook whistleblower Frances Haugen plans to attend U.S. President Joe Biden’s first State of the Union address to Congress on Tuesday night, the White House said, as it seeks …