By Jan Strupczewski VERSAILLES, France – European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but will stop short of mentioning …
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Russia says China refuses to supply aircraft parts after sanctions
by Reutersby Reuters– China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and …
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Russian economy in ‘shock’ from unprecedented economic war – Kremlin
by Reutersby Reuters– The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely …
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TOKYO – Japan’s Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage …
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Britain’s Boohoo to meet earnings guidance as sales growth slows
by Reutersby ReutersLONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, …
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Suzuki’s Hungarian factory suspends car exports to Russia and Ukraine
by Reutersby ReutersBy Gergely Szakacs BUDAPEST – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company …
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LONDON – Shell Chief Executive Ben van Beurden’s pay package for last year rose by about a quarter to 7.4 million euros ($8.2 million), his first raise since receiving a …
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A look at the day ahead in markets from Sujata Rao After the U.S. S&P 500 index saw its biggest one-day gain since June 2020 and oil slumped 13%, it …
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By Tim Hepher, Engen Tham and Carolyn Cohn PARIS/SHANGHAI/LONDON -Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from Russian …
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TOKYO – Effissimo Capital Management said on Thursday it had decided to vote against Toshiba Corp’s break-up plan that comes up for a vote on March 24, since the plan …
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U.S. Treasury launches campaign to educate public about crypto risks
by Reutersby ReutersBy Hannah Lang – The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital asset moves from the fringes …
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China bars mainland brokers from promoting SPAC deals in Hong Kong – sources
by Reutersby ReutersBy Scott Murdoch, Samuel Shen and Selena Li SYDNEY/HONG KONG – China’s securities regulator has barred the country’s investment banks it regulates from acting as promoters of blank-check firms in …
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By Balazs Koranyi and Francesco Canepa FRANKFURT -The European Central Bank is likely to make as few policy commitments as possible on Thursday as the shock of Russia’s invasion of …
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Analysis – Russian risk recalibration a wake-up call for investors
by Reutersby ReutersBy Simon Jessop, Ross Kerber and Karin Strohecker LONDON – For funds undeterred in their investment choices by the killing of Saudi journalist Jamal Khashoggi or China’s treatment of the …
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European, trans-Atlantic flight bookings fall after Ukraine invasion – ForwardKeys
by Reutersby ReutersBy Jamie Freed – Russia’s invasion of Ukraine has stalled a travel recovery for airlines and led to a 23% fall in flight bookings within Europe and a 13% fall …
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Japan’s wholesale prices rise at record pace; Ukraine to spur prices further
by Reutersby ReutersBy Leika Kihara TOKYO -Japan’s wholesale inflation accelerated in February at the fastest pace in roughly four decades on rising fuel costs, a sign inflationary pressures were building up even …
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BNP Paribas bars Russia-based staff from computer systems as cyber attack fears grow
by Reutersby ReutersBy Sinead Cruise and John O’Donnell LONDON/FRANKFURT -France’s largest bank BNP Paribas has cut off its Russia-based workforce from its internal computer systems as it seeks to bolster its defences …
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– Employees at three Starbucks Corp cafes in Buffalo, New York voted to unionize on Wednesday, bringing the total number of the coffee chain’s stores with a union in the …
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Chinese startups’ SPAC listings gather pace as tougher offshore IPO rules loom
by Reutersby ReutersBy Selena Li and Samuel Shen HONG KONG – Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing’s tighter …
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– Sony Group Corp’s game division and Nintendo Co Ltd said they have suspended shipments of software and hardware to Russia following the invasion of Ukraine. Sony Interactive Entertainment, which …
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By Saikat Chatterjee and Dhara Ranasinghe LONDON -The euro’s fall of as much as 4% against the dollar and Swiss franc in two weeks is raising the question of what …
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U.S. solar installations to contract this year on inflation – industry forecast
by Reutersby Reuters– U.S. solar installations soared 19% to hit a record last year, but new capacity will slide in 2022 as project developers struggle with cost inflation and shipping delays, according …
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Bearish bets on Asia FX rise amid Ukraine crisis, rupee shorts near two-year high – Reuters Poll
by Reutersby ReutersBy Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s …
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UPS delivery driver victim of Philadelphia armed robbery
PHILADELPHIA, PA – A UPS truck driver was the victim of a recent armed robbery in Philadelphia, now police are seeking to identify a possible suspect. “The PPD Northwest Detective …
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PHILADELPHIA, PA – Philadelphia Police are seeking the public’s assistance to identify a robbery that left two victims shot. “On March 2, 2022, at approximately 8:16 pm, two shooting victims …