By Howard Schneider, Balazs Koranyi and Leika Kihara -The Russian attack on Ukraine may slow global growth and raise new economic risks, but top central banks are keeping their focus …
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Sri Lanka’s rupee devaluation, import restrictions may boost inflation – analysts
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO – Sri Lanka’s sudden devaluation of the local currency and imposition of import limits on hundreds of items is likely to disrupt value chains and push …
- Business NewsFinancial NewsFood & DiningOMG!
Domino’s Russian arm suspends royalties but pizza outlets remain open
by Reutersby Reuters– The Russian franchisee of global pizza chain Domino’s has suspended royalty payments from its restaurants in Russia and will limit further investment in the country following Moscow’s invasion of …
- Financial News
Bank of England heads for third rate rise in a row as prices surge
by Reutersby ReutersBy David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a row as it seeks to …
- Financial News
U.S. eliminates human controls requirement for fully automated vehicles
by Reutersby ReutersBy David Shepardson WASHINGTON – U.S. regulators on Thursday issued final rules eliminating the need for automated vehicle manufacturers to equip fully autonomous vehicles with manual driving controls to meet …
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By Siddarth S and Nivedita Balu – Apple Inc’s low-cost 5G model should enhance the iPhone maker’s appeal in Asia where it is in a stiff battle with multiple rivals …
- Financial NewsFood & Dining
Nestle says halts non-essential food exports and imports to Russia
by Reutersby ReutersZURICH – Nestle has stopped exporting and importing non-essential food items such as Nespresso coffee or S.Pellegrino water from and to Russia, a spokesperson told Reuters on Friday. The Swiss …
- Financial News
India growth recovery faces headwinds from geopolitical tensions, says Patra
by Reutersby ReutersMUMBAI – India’s growth story remains as weak as it was during the 2013 ‘taper tantrum’ and geopolitical tensions in Ukraine and Russia are further likely to hurt a recovery, …
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By Eric M. Johnson, Francesca Landini and Tim Hepher -Boeing Co is yet to see any respite from a freeze in deliveries of its 787 Dreamliner – but that has …
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Police Search for Suspect who struck woman in the head with handgun in Northwest D.C.
WASHINGTON, D.C. – The Washington D.C. Metro Police Detectives needs assistance in locating a suspect who struck a woman with a handgun. This happened on March 6th, on 5th Street …
- Financial News
WeWork expects 2022 revenue to jump at least 30% on office space demand
by Reutersby Reuters-Flexible workspace provider WeWork Inc said it expects 2022 revenue to jump at least 30% amid demand for office space from companies switching to a hybrid model of work. The …
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Russian prosecutors ask court to name Meta as “extremist organisation” – Interfax
by Reutersby Reuters– Prosecutors have asked a Russian court to designate Facebook’s parent organisation Meta Platforms as an “extremist organisation,” Interfax reported on Friday. The state prosecutor also asked Russia’s communications watchdog …
- Breaking NewsFinancial News
Russia looking at sourcing aircraft spare parts from Asia
by Reutersby Reuters-Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet decided whether to buy foreign …
- Financial News
U.S. ethanol industry banks on carbon capture to solve emissions problem
by Reutersby ReutersBy Leah Douglas – U.S. ethanol producers are betting heavily on carbon capture and storage (CCS) technology to lower their greenhouse gas emissions and secure a place for the corn-based …
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MILAN – Stellantis should be able to catch up with electric vehicle pioneer Tesla in the coming years, its chief executive Carlos Tavares said on Friday, adding that competition would …
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SHANGHAI -Shares in Yum China and four other Chinese companies tumbled on Friday after they were ensnared in an auditing dispute between Beijing and Washington, though China’s securities regulator said …
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ZURICH – A Swiss court has rejected an Arab businessman’s appeal seeking to block Japanese prosecutors from getting bank account details for their investigation of fugitive former car executive Carlos …
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Italy’s Leonardo sees Ukraine crisis accelerating EU defence project
by Reutersby ReutersBy Francesca Landini MILAN – Italian aerospace and defence group Leonardo believes Russia’s invasion of Ukraine will accelerate plans to create European common defence capabilities and expects to see higher …
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SHANGHAI – China’s securities regulator on Friday published draft rules on how fines for securities fraud offenses will be prioritised to compensate investors in civil cases, part of a broader …
- Financial News
Analysis-Drugmakers look to help Ukrainians in drug trials after Russian invasion
by Reutersby ReutersBy Manas Mishra – The Russian invasion of Ukraine has left drugmakers scrambling to find ways for patients enrolled in clinical trials there to receive their medicines as millions seek …
- Financial News
Toyota to cut quarterly production to ease strain on beleaguered suppliers
by Reutersby ReutersBy Satoshi Sugiyama TOKYO – Toyota Motor Corp will scale back domestic production by up to 20% during the months of April, May and June, it said on Friday, to …
- Financial News
UK year-ahead inflation expectations rise to highest since 2008
by Reutersby ReutersLONDON – The British public’s expectations for the rate of inflation in a year’s time rose to the highest since 2008, although the increase in longer-term expectations has been less …
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By Tom Sims, Carolyn Cohn and Jesús Aguado LONDON – Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks …
- Financial News
Uniqlo operator, Japan Tobacco to suspend some Russia operations in U-turn
by Reutersby ReutersTOKYO -Uniqlo owner Fast Retailing Co and Japan Tobacco Inc on Thursday said they would suspend some operations in Russia, in a U-turn by the Japanese consumer giants which had …
- Financial News
Credit Suisse aims to nearly halve emissions financing to fossil fuels by 2030
by Reutersby Reuters(This March 10 story corrects unit in paragraph 3 to 21.9 million tonnes (not 21.9 tonnes)) By Brenna Hughes Neghaiwi ZURICH – Credit Suisse set new targets on Thursday to …