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  • Financial News

    Deutsche Bank and Commerzbank shares slide after investor sale

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Tom Sims and Alexander Hübner FRANKFURT – U.S. investor Capital Group sold big stakes in Germany’s two top banks – Deutsche Bank and Commerzbank – a person familiar with …

  • Financial News

    Runaway prices and slowing growth: Five questions for the ECB

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Dhara Ranasinghe and Stefano Rebaudo LONDON – Thursday’s European Central Bank meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from …

  • Financial News

    Russia’s LNG plans face rethink after EU sanctions on equipment -analysts

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    (Reuters) – Russia will need to rethink its aim of a 20% share of the global LNG market after EU sanctions targeted equipment it needs to expand production, analysts said. …

  • Financial News

    Global LNG body urges governments to support fuel buyers amid Ukraine crisis

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    TOKYO – An international liquefied natural gas (LNG) body has appealed to governments to help mitigate fuel price spikes and promote new LNG developments to secure a stable global supply. …

  • Financial News

    European cosmetics makers face supply crisis amid scarcity of Ukraine resources

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Mimosa Spencer, Valentina Za and Francesco Zecchini PARIS/MILAN -European perfume- and cosmetics-makers face shortages of paper, glass, and some key oils and alcohols, as Russia’s invasion of Ukraine adds further …

  • Financial News

    Taiwan iPhone maker Pegatron suspends operations at two China plants

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    TAIPEI -Taiwan’s Pegatron Corp, which assembles iPhones for Apple Inc, said on Tuesday it had suspended operations at its Shanghai and Kunshan plants in China due to the government’s strict …

  • Financial News

    Russia recommends no Eurobond payouts if Russian holders don’t get money

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    (Reuters) – Russian authorities recommended a halt in issuing permits for payouts on Eurobonds if Russian bondholders do not receive payments, the finance ministry said on Tuesday. “Now, due to …

  • Financial News

    Ukraine’s Zelenskiy urges quick EU sanctions on Russian oil, all banks

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    VILNIUS – Ukrainian President Volodymyr Zelenskiy urged the European Union on Tuesday to impose sanctions on all Russian banks and Russian oil and to set a deadline for ending imports …

  • Financial News

    U.S. small business sentiment ebbs as inflation worries mount -NFIB

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    WASHINGTON – U.S. small business confidence fell in March, with the share of owners reporting that inflation was their single most important problem the largest since 1981, a survey showed …

  • Financial News

    Dubai utility DEWA rises 20% above IPO price

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region’s biggest …

  • Financial News

    German investor morale dips in April, inflation expectations ease

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    BERLIN – German investor sentiment fell by less than expected in April, a survey showed on Tuesday, as a decline in inflation expectations gave some cause for hope about the …

  • Financial News

    UK jobless rate lowest since 2019, but inflation eats into pay

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By David Milliken and William Schomberg LONDON -Britons’ earnings shrank by the most since 2013 in February when adjusted for surging inflation, despite unemployment falling to its joint lowest in …

  • Financial News

    Analysis-Pandemic jet deals in spotlight as Airbus axes Russia delivery

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Tim Hepher PARIS – In the final hours of 2021 Airbus officially delivered two A350s to Russia’s Aeroflot, helping the jetmaker meet annual delivery targets. Months later, the jets …

  • Financial News

    EasyJet says high crew absence not yet improving

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Paul Sandle LONDON – EasyJet said it was yet to see an easing of crew sickness that is causing it to cancel flights and disrupt the Easter plans of …

  • Financial News

    Explainer-Why the weak yen lost its lustre for Japan Inc

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Satoshi Sugiyama and Maki Shiraki TOKYO – The weak yen was once a cause for celebration for Japanese companies, as they could sell cars and cameras cheaper abroad and …

  • Financial News

    Global growth optimism at all-time low, fund manager survey finds

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Saikat Chatterjee LONDON -Optimism among fund managers over global economic growth has hit an all-time low while concerns of possible stagflation have risen to the highest since August 2008, …

  • Financial News

    Bosch halts production at two China plants due to COVID curbs

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    SHANGHAI -German auto parts supplier Bosch on Tuesday said it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to …

  • Financial News

    Inflation clouds ASOS’s hopes for brighter second half

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By James Davey LONDON -Supply chain snags hammered first-half profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be disrupted …

  • Financial News

    Deliveroo warns of slower consumer spending after posting 12% rise in order value

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Aby Jose Koilparambil (Reuters) – Britain’s Deliveroo said on Tuesday that consumer spending could slow for the remainder of the year after the food delivery firm reported higher order …

  • Financial News

    Russia’s economy set for biggest contraction since 1994, Kudrin says

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    (Reuters) -Russia’s economy is on track to contract by more than 10% in 2022, the biggest fall in gross domestic product since the years following the 1991 fall of the …

  • Financial News

    Euro zone banks to tighten corporate credit access on war fears: ECB

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    FRANKFURT -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook and cuts deep into their …

  • Financial News

    S.Korea to lobby for inclusion in MSCI developed market index

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Jihoon Lee and Yena Park SEOUL -South Korea’s finance minister will lobby for the country to be included in the Morgan Stanley Capital International (MSCI) developed market index when …

  • Financial News

    Global index funds seek to shift out of Chinese ADRs as delisting looms

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Samuel Shen and Selena Li SHANGHAI/HONG KONG – Global index-tracking fund managers with exposure to U.S.-listed Chinese firms are pushing index providers to swap into their Hong Kong-traded peers …

  • Financial News

    S.Korea’s SK weighs investing in small nuclear reactors, eyes Bill Gates’ TerraPower

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Joyce Lee and Byungwook Kim (Reuters) – South Korea’s SK Group said on Tuesday it was mulling investments in small-sized nuclear reactors and that one of the candidates was …

  • Financial News

    Marketmind: Collateral damage

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker that rapid policy tightening may cause a hard landing for …

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