Financial News

HELSINKI – Finland’s Nokian Tyres is shifting production of some of its key product lines from Russia to Finland and the United States to prepare for possible further sanctions following …

OTTAWA – Canadian wholesale trade was most up 3.9% in January from December, on higher sales in building material and supplies, along with machinery equipment and supplies, Statistics Canada said …

– Aptiv Plc shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, the auto parts maker’s chief executive said. “Over …

By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar MOSCOW/LONDON – A deal among OPEC+ oil producers including Russia is showing no cracks so far after Russia’s invasion of Ukraine, OPEC+ …

By Kate Abnett BRUSSELS – The European Parliament’s lead negotiator has proposed tougher EU targets to reduce energy use this decade, which he said would help cut Europe’s dependence on …

By Tom Wilson LONDON – A Ukrainian volunteer group that provides equipment to the country’s army has received over $4 million in bitcoin donations since Russia launched its invasion on …

By Kate Holton and James Davey LONDON -British Airways-owner IAG cancelled flights to Moscow and pledged to avoid Russian airspace on Friday as the invasion of Ukraine and surging oil …

MOSCOW -Russia could resume westbound deliveries of gas to Europe along its Yamal pipeline on Friday after more than two months of reverse flows, auction data showed. Gas in a …

MOSCOW – The Russian central bank on Friday told lenders to consider postponing dividends and bonus payments to managers, as it announced measures to ease regulatory requirements for the sector. …

By Giuseppe Fonte and Valentina Za ROME – Italy is looking at overhauling listing, voting and other rules to address the “chronic delays” holding back the country’s capital markets and …

By Nidhi Verma and Aftab Ahmed NEW DELHI – India plans to pay in rupees for its first long-term urea import deal with Iran to hedge itself from global supply …

By David Milliken LONDON – Bank of England policymaker Catherine Mann said she voted for a half percentage point rise in interest rates this month because she saw little sign …

By Josh Horwitz SHANGHAI – The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate …

TOKYO – Japan will step up spending to strengthen its supply chains and do more to guard against cyberattacks launched through imported systems and software under draft legislation approved by …

MOSCOW – Russian banks sanctioned by the West have enough liquidity to meet clients’ demands and are doing everything possible to calmly make it through this volatile period, the banks …

By Swati Bhat MUMBAI – Indian bond yields rose while the rupee fell on the week as Russia’s invasion of Ukraine weighed on investor sentiment, while the Indian government’s decision …

BARCELONA – There are no plans to cancel or postpone the Mobile World Congress (MWC) in Barcelona over Russia’s invasion of Ukraine, the chief executive of event organizer GSMA told …

By Alexander Marrow and Gleb Stolyarov MOSCOW – Russian tech giant Yandex has started warning Russian users looking for news about Ukraine on its search engine of unreliable information on …

BERLIN – Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions for Germany and German businesses …

BERLIN – Deutsche Telekom is making calls and text messages to Ukraine free of charge, the German telecommunications company said on Friday in a move to support people with families …

ROME – Italy must reduce its reliance on gas imports from Russia and is ready to take further measures to protect consumers from rising energy prices after the invasion of …

MOSCOW – Russia’s biggest carmaker Avtovaz may suspend some assembly lines at its Togliatti plant in central Russia on Monday for a day due to a persistent global shortage of …

BENGALURU -Indian shares snapped a 7-day losing streak to close more than 2% higher on Friday, a day after their worst fall in over a year following Russia’s invasion of …

BEIJING – China’s banking and insurance regulator has issued guidelines urging banks and insurers to support the development of affordable rental housing, as Beijing vows to keep the property market …

By Timothy Aeppel – Dave Petratis boosted wages for his U.S. factory workforce in December – six months ahead of schedule for normal annual increases. It wasn’t enough. The CEO …