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  • Financial News

    Chinese capital sees energy consumption peak, weaned off coal by 2035

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes …

  • Financial News

    Global bond funds gain first weekly inflow since early Jan

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    (Fixes to say the inflow amount is in U.S. dollars in the sixth para) (Reuters) -Global bond funds drew their first weekly inflow in about three months in the week …

  • Financial News

    AerCap Holdings signs lease agreements for new Airbus aircraft

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    (Reuters) – AerCap Holdings NV will provide 12 new Airbus aircraft to Italian state-owned carrier ITA Airways starting next year, the world’s top aircraft lessor said on Friday. AerCap, which …

  • Financial News

    Soaring imports deepen EU’s China trade deficit – Eurostat

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    (Reuters) – The European Union’s trade deficit with China grew by over a third last year, the bloc’s statistics office said on Friday, as it took in soaring imports from …

  • Financial News

    Australia and India to sign trade deal on Saturday – Australia

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Kirsty Needham SYDNEY – Australia will sign a trade agreement with India on Saturday that will eliminate tariffs on 85% of Australian goods entering India, helping farmers and miners …

  • Financial News

    Cuba authorizes import of outboard motors, gives fishermen a boost

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Dave Sherwood COJIMAR, Cuba – Since the days of Ernest Hemingway’s “The Old Man and the Sea”, whose main character toiled with oars to catch a marlin, few Cubans …

  • Financial News

    KKR, EQT among investors eyeing stake in Germany’s Stratec -sources

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Emma-Victoria Farr LONDON – Financial investors including KKR and EQT are considering offers for a stake in listed German laboratory supplier Stratec, sources familiar with the matter told Reuters …

  • Financial News

    Swedish govt sees economy slowing this year amid high inflation

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said in a pre-budget forecast on …

  • Financial News

    Ghana approves tax on electronic payments despite opposition protest

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Cooper Inveen ACCRA -Ghana’s parliament approved a new 1.5% tax on electronic payments, known as the “e-levy,” on Tuesday after the opposition walked out in protest. Finance Minister Ken …

  • Financial News

    ECB needs time to analyse fallout from ‘very high’ inflation: Lane

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    FRANKFURT – Euro zone inflation is “very high” but the European Central Bank needs time to assess the net impact of higher energy prices on workers’ wage demands and costs …

  • Financial News

    Trading in over 30 Hong Kong-listed firms halted on results delay

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Donny Kwok and Alun John HONG KONG – The Hong Kong stock exchange suspended from trade on Friday the shares of Chinese developers such as Sunac China, Shimao Group …

  • Financial News

    The chip challenge: Keeping Western semiconductors out of Russian weapons

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Jane Lanhee Lee OAKLAND, Calif. – When Silicon Valley chipmaker Marvell learned that one of its chips was found in a Russian surveillance drone recovered in 2016, it set …

  • Financial News

    Sodexo lowers growth forecasts and ends investment in Russia

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Diana Mandia and Federica Mileo (Reuters) -French catering and food services company Sodexo lowered its annual revenue growth outlook on Friday citing the pandemic, the Ukraine conflict and the …

  • Financial News

    Santander’s 2022 targets on track as Americas help

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Jesús Aguado MADRID – Spain’s Santander on Friday said it was on track to meet its 2022 profitability target and maintained its mid-term goals thanks to solid performance in …

  • Financial News

    Ukraine asks EU, British, Japanese and U.S. central banks to ban rouble transactions

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    (Reuters) – The governor of Ukraine’s central bank urged the central banks of the European Union, the United States, Japan and Britain to ban transactions in the Russian or Belarusian …

  • Financial News

    Europe’s appetite for U.S. gas fast-tracks two new LNG projects

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Marcy de Luna HOUSTON – Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives …

  • Financial News

    Chinese trade with Russia feels the sting of Ukraine war

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Sophie Yu and Brenda Goh SHANGHAI/BEIJING – Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of a ripple effect that Western sanctions …

  • Financial News

    Massive S&P options trade may have roiled U.S. stocks on Thursday

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Saqib Iqbal Ahmed NEW YORK -Traders are pointing to a massive quarterly options trade on Thursday they said was from a JPMorgan fund as one reason why the stock …

  • Financial News

    Europe can learn lessons from 1970s oil shock as rationing looms

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Francesco Canepa FRANKFURT – With Russia threatening to cut off the supply of vital gas and oil, European governments are dusting off rationing plans that bring back memories of …

  • Financial News

    UniCredit completes sale of Turkey’s Yapi Kredi

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    MILAN – UniCredit has finalised the sale of its remaining 18% stake in Turkey’s Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy’s second-biggest lender said on Friday. The transaction, which …

  • Financial News

    Taiwan puppeteers look to NFTs to keep their art alive

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Ann Wang YUNLIN, Taiwan – A group of Taiwanese puppeteers are looking to use non-fungible tokens, or NFTs, to help bring their traditional art form into the modern era …

  • Financial News

    Analysis-Russia’s rouble rebound is not as real as it seems

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Tommy Wilkes LONDON – The rouble has staged a lightening-fast recovery to levels last reached in the days before Russia invaded Ukraine, defying predictions that the war would launch …

  • Financial News

    UK manufacturing growth hits 13-month low in March – PMI

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    LONDON – British manufacturing expanded in March at the weakest pace in 13 months and price pressures, which had previously shown some signs of moderating, worsened, a survey showed on …

  • Financial News

    Russia eases some curbs on transferring money abroad

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    (Reuters) -Russia’s central bank said on Friday it was softening restrictions on foreign fund transfers for individuals for a six-month period. The bank said the measures, which raise an earlier …

  • Financial News

    Global factory activity slows as Ukraine crisis, inflation bite

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Jonathan Cable and Leika Kihara LONDON/TOKYO – Global factory activity slowed in March as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, while soaring …

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