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  • Financial News

    Facebook-owner Meta says it is considering steps to curb Russian government misinformation

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Elizabeth Culliford (Reuters) – Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the …

  • Financial News

    Exclusive-Renault CEO pushes on with electric split as Russia bill looms-sources

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Gilles Guillaume PARIS – Renault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly …

  • Financial News

    BOC Aviation says lessors seeing ‘horrendous’ hikes in insurance costs

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing …

  • Financial News

    Factbox-Atlantia’s main shareholders and businesses

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    MILAN – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder the Banettons, the …

  • Financial News

    Brazil real to keep close to pre-pandemic levels despite feeble economy: Reuters poll

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at …

  • Financial News

    Bank of Spain urges banks to monitor risks, keep provisions amid Ukraine conflict

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    MADRID – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic impact from Russia’s invasion of …

  • Financial News

    Special Report-U.S. solar expansion stalled by rural land-use protests

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Nichola Groom (Reuters) – The Solar Star project in California is among the largest solar energy facilities in the world, boasting 1.7 million panels spread over 3,000 acres north …

  • Financial News

    Generali shareholder Union Investment supports existing management

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    LONDON – Major Generali shareholder Union Investment supports existing management in the insurer led by chief executive Philippe Donnet, a portfolio manager in the firm said on Thursday. Generali is …

  • Financial News

    Euro zone inflation to run hot, fan recession risk: Reuters poll

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    (Corrects split in rate expectations in paragraph 4) By Swathi Nair BENGALURU – Recession risks in the euro area are rising, with euro zone inflation seen running hot for the …

  • Financial News

    Rebel Generali investor ready for legal action in case of narrow AGM board defeat

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Carolyn Cohn, Pamela Barbaglia and Valentina Za LONDON -A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest …

  • Financial News

    Yellen says Russia should be expelled from G20, U.S. may boycott some meetings

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By David Lawder and Dan Burns (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the …

  • Financial News

    Ladbrokes owner Entain attracts punters to retail shops, U.S. venture grows

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Amna Karimi (Reuters) -Ladbrokes owner Entain saw a rise in first-quarter revenue, boosted by a rebound in its retail betting shops and an expansion of its U.S. joint venture, …

  • Financial News

    Greek central bank cuts economic growth projection to 3.8% this year

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By George Georgiopoulos ATHENS – Greece’s economy is seen expanding by 3.8% this year under a baseline scenario, a slower pace than a previous projection of 5.0%, the head of …

  • Financial News

    Singapore cbank transfers $55 billion of excess foreign reserves to govt

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    SINGAPORE – Singapore’s central bank said on Thursday it has transferred excess official foreign reserves (OFR) of S$75 billion ($55.11 billion) to the government through a subscription of reserves management …

  • Financial News

    UK financial watchdog promises to shut down failing firms faster

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Huw Jones LONDON – Britain’s financial watchdog said on Thursday it will create 80 new jobs to shut down problem companies faster as it faces pressure from lawmakers to …

  • Financial News

    Oil tanker groups Euronav and Frontline plan $4.2 billion tie-up

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Terje Solsvik and Victoria Klesty OSLO – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that …

  • Financial News

    Irish inflation nears 40-year high of 6.7% in March

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    DUBLIN – Annual inflation in Ireland neared an almost 40-year high of 6.7% in March, a jump from 5.6% a month earlier on the back of soaring energy prices, data …

  • Financial News

    Job wars: Employers wince as Amazon warehouse rises in Indiana town

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Timothy Aeppel ELKHART, Ind. – What happens when Amazon.com Inc plops over 1,000 new jobs in one of the hottest blue-collar job markets in the country? The RV Capital …

  • Financial News

    Analysis-As bond prices swoon, U.S. banks may slow stock buybacks

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By David Henry NEW YORK – Wall Street bankers have long talked about how higher interest rates will deliver additional revenue from loans and higher-yielding securities. Now that rates are …

  • Financial News

    Benettons rule out any transaction involving break-up of Atlantia – source

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    MILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source …

  • Financial News

    EBRD warns war in Ukraine will impact 2022 finances, after record profit

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, …

  • Financial News

    Indonesia central bank sees end-2022 inflation at near 4% – deputy governor

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    JAKARTA – Indonesia’s central bank expects 2022 inflation to be at the upper bound of its target range or near 4% due to pressures from high global commodity prices, deputy …

  • Financial News

    Thousands of goods railcars stuck at Ukraine’s border as war hits exports

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Silvia Aloisi and Pavel Polityuk LVIV, Ukraine(Reuters) – In western Ukraine, some 1,100 train wagons carrying grain are stuck near the main rail border crossing with Poland, unable to …

  • Financial News

    Analysts’ view on looming bidding war for Atlantia

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    MILAN – Shares in Atlantia jumped almost 12% to their highest levels in over two years after Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of the Italian …

  • Financial News

    Online gambling firm 888 soars on deal to pay less for William Hill assets

    by Reuters April 7, 2022
    by Reuters April 7, 2022

    By Sinchita Mitra and Radhika Anilkumar (Reuters) -British online gambling firm 888 will pay a smaller price to buy William Hill’s international assets from U.S.-based owner Caesars Entertainment, the companies …

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