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  • Financial News

    Inflation-wary bond markets focused on Fed’s tricky balancing act

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Karen Brettell – With the Federal Reserve almost certain to hike interest rates this week for the first time in more than three years, investors will be focused on …

  • Financial News

    EU agrees to freeze Roman Abramovich’s assets – diplomats

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Francesco Guarascio and Gabriela Baczynska BRUSSELS – Top European Union diplomats have agreed to add Chelsea football club owner Roman Abramovich to the EU list of Russian billionaires sanctioned …

  • Financial News

    EU members should keep budgets ‘reactive’ over Ukraine crisis – France

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    PARIS – EU governments need to keep their fiscal stances “reactive” in the face of the current Ukraine crisis with targetted measures for households and firms, French Finance Minister Bruno …

  • Financial News

    India’s top refiner IOC buys 3 million bbls Russian Urals crude via tender -sources

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Nidhi Verma NEW DELHI – Indian Oil Corp, the country’s top refiner, bought 3 million barrels of Russian Urals from trader Vitol for May delivery, trade sources said, its …

  • Financial News

    AT&T, One America News to keep ad deal even after DirecTV drops network

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By John Shiffman WASHINGTON – AT&T’s financial relationship with One America News is deeper than previously known and will continue even after DirecTV drops the far-right network from its satellite …

  • Financial News

    Russian central bank raises 1.4 trln roubles at 1-day deposit auction

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    – Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday provided banks with 2.1 trillion …

  • Financial News

    China grants Evergrande NEV approval to start vehicle sales

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    SHANGHAI – China’s industry regulator has given China Evergrande New Energy Vehicle Group approval to start sales of its inaugural electric car, the Hengchi 5 sport utility vehicle, according to …

  • Financial News

    Russian energy import stop could cost Germany up to 3% of GDP -economists

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    BERLIN – A halt to Russian energy imports could cost Germany up to 3% of its gross domestic product (GDP) in the short term, estimates by the EconPol Europe network …

  • Financial News

    U.S. step to delist Chinese ADRs worsens investment, listing outlook

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Xie Yu and Selena Li HONG KONG – The U.S. securities regulator’s move to identify Chinese firms likely to be delisted from New York for not meeting auditing requirements …

  • Financial News

    S&P to end this year 1% lower amid Ukraine crisis – Goldman

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    – The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs …

  • Financial News

    Sanofi shares drop on trial setback for breast cancer pill

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Ludwig Burger -Sanofi’s shares slid 5% on Monday after a drug candidate to fight a common type of breast cancer failed to slow progression of the disease in a …

  • Financial News

    New wave of inflation – and disruptions – hits U.S. factory floors

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Timothy Aeppel – Surging inflation is disrupting everything from carpools to the ability to quote prices on new business at already-strained U.S. factories. At BCI Solutions Inc., a metal …

  • Financial News

    Wall Street banks’ staff churn to double this year after bonus payouts – experts

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Elizabeth Dilts Marshall NEW YORK – Staff turnover on Wall Street is set to surge in coming weeks as investment bankers who held off job-hunting during the pandemic cash …

  • Financial News

    Stockpiling Russians buy electronics, pharmacy goods as crisis deepens -PSB

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    – Russians rushed to buy electronics and pharmaceuticals and spent more on clothes and food in the first week of March, Promsvyazbank (PSB) said, stockpiling goods as the rouble plunged …

  • Financial News

    Spain set to approve emergency U.S., Argentina corn buying

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    MADRID – Spain expects “in the coming hours” to approve emergency purchases of corn from Argentina and the United States for animal feed after supply gaps left by Russia’s invasion …

  • Financial News

    Pet collars and casual clothing mark pandemic shift in UK inflation basket

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By David Milliken LONDON – Pet collars and casual clothing are replacing takeaway doughnuts and men’s two-piece suits this year as Britain’s statisticians update their inflation calculations to account for …

  • Financial News

    HSBC sells Greek retail bank as it sharpens Asia focus

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest …

  • Financial News

    Swiss Re halts new business with Russia and Belarus

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    FRANKFURT – Swiss Re said on Monday that it was not taking on new business with Russian and Belarusian clients, and that it was not renewing existing business with Russian …

  • Financial News

    Kering buys U.S. high-end eyewar brand Maui Jim

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    PARIS – French luxury group Kering said on Monday its Kering Eyewear division had signed an agreement to acquire U.S. high-end sunglass maker Maui Jim, Inc. for an undisclosed amount. …

  • Financial News

    Akzo Nobel expects its Russian plants to go out of business

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    AMSTERDAM – Dutch paints and coatings maker Akzo Nobel expects its four plants in Russia to be out of business within a few months due to economic sanctions and a …

  • Financial News

    Telecom Italia to start talks with KKR, explore Open Fiber merger

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Elvira Pollina and Valentina Za MILAN -Telecom Italia said on Sunday it would start formal talks with KKR to assess the U.S. fund’s potential 10.8 billion euro ($11.8 billion) …

  • Financial News

    Marketmind: COVID comes back

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    A look at the day ahead in markets from Julien Ponthus. There’s arguably never a good time for the COVID-19 pandemic to make a comeback but the surging cases in …

  • Financial News

    SoftBank sold $1 billion Coupang stake

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Sam Nussey TOKYO -SoftBank Group Corp’s Vision Fund sold shares worth $1 billion in South Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of …

  • Financial News

    Defence firms ramp up pitch to exit sustainability wilderness

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    By Simon Jessop, Tommy Wilkes and Tim Hepher LONDON/PARIS -Largely ignored by the growing ranks of Europe’s socially minded investors, defence firms see a fresh chance to argue for a …

  • Financial News

    Cryptoverse: The young HODLers keeping bitcoin on an even keel

    by Reuters March 14, 2022
    by Reuters March 14, 2022

    (Corrects surname in third-from-last paragraph to Brown in this March 8th story) By Lisa Pauline Mattackal and Medha Singh – Bitcoin’s been known to freak out when Elon Musk tweets …

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