Financial News

TOKYO – Japan’s manufacturing activity expanded at the slowest pace in five months in February as output contracted, underscoring the prolonged impact that global supply chain disruptions are having on …

By Leika Kihara TOKYO -Prospects of tighter U.S. monetary policy continue to drive up yields for Japan’s super-long government bonds, putting to test the central bank’s resolve to defend its …

– S4 Capital’s Executive Chairman Martin Sorrell told The Times on Monday that he is considering a New York listing for the company. Sorrell, in an interview with the newspaper …

– British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information. Lotus is moving …

MILAN – Italy’s former phone monopoly Telecom Italia on Sunday dismissed as “unfounded and harmful for the group” a newspaper report concerning financial targets in a plan new Chief Executive …

By Lewis Krauskopf NEW YORK -A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil …

PARIS – Air France-KLM has gained shareholder approval for its proposed capital increase and is ready to move swiftly, French financial newspaper Les Echos reported on Sunday. The airline had …

LONDON – Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, Prime Minister Boris Johnson said on Sunday. Johnson has …

By Lisa Barrington DUBAI – The United States and the United Arab Emirates are seeking an additional $4 billion of global investment in an initiative launched last year to make …

WASHINGTON -The World Bank Group on Saturday said it is readying a $350 million disbursement to Ukraine that the group’s board will consider by the end of March as part …

By Stephen Jewkes and Elvira Pollina MILAN -A group of investors led by Boston Celtics co-owner Stephen Pagliuca has agreed to buy into Italian Serie A club Atalanta. The deal …

MEXICO CITY – A vote in which nearly 1,700 workers at Mexico’s Tridonex auto-parts plant will have the chance to elect a new union has been pushed back one week …

FRANKFURT – Germany’s Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa, a spokesperson said on Saturday amid growing fears of a possible Russian …

(This Feb. 18 story has been refiled to fix spelling of Philipp in paragraph 13) By Emma-Victoria Farr and Alexander Hübner – German artificial limb maker Ottobock is waiting until …

By Karin Strohecker LONDON – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign …

– NextEra Energy Inc said one of its units recorded an $800 million impairment charge in the first quarter as the U.S. renewable energy company re-evaluates its investment in the …

MILAN – KKR could block any move by Telecom Italia (TIM) to carve out a network company by vetoing a transfer of last-mile landline unit FiberCop, La Stampa reported on …

BUDAPEST – Hungary’s government hopes inflation will ease back to below 6% by the end of 2022 after hitting a near 15-year high of 7.9% at the start of the …

SHANGHAI -China’s securities regulator will put more emphasis on preventing and resolving bond default risks, and will deepen bond issuance reforms and strengthen regulation, a summary of a meeting posted …

– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a …

By Svea Herbst-Bayliss BOSTON -A U.S. federal judge ruled that Nuveen and trustees of its closed-end funds violated the Investment Company Act by stripping hedge fund Saba Capital of its …

By Gayatri Suroyo and David Lawder JAKARTA/WASHINGTON -Russia and China watered down a G20 finance leaders’ statement on geopolitical risks to the global economy as a contentious meeting ended on …

By David Lawder and Andrea Shalal WASHINGTON – Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20 finance meeting on Friday to issue an “impassioned” warning …

(Corrects typographical error in paragraph 4) By Chavi Mehta and Nivedita Balu – Intel Corp’s latest focus on making chips to meet rising demand will give Advanced Micro Devices Inc, …

By Jonnelle Marte and Howard Schneider -Federal Reserve officials on Friday squelched what had been rising market expectations for an aggressive initial response to 40-year-high U.S. inflation, signaling that steady …