– Companies across Europe and North America have begun offering aid to Ukrainian authorities and people fleeing war following Russia’s invasion, as over a million leave their homes and head …
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Moscow Exchange won’t charge 12% commission on FX buying by importers
by Reutersby ReutersMOSCOW – Russia’s largest bourse, Moscow Exchange, said on Friday Russian companies with direct access to trading will need to pay a 12% commission if they want to buy foreign …
- Financial News
Sri Lanka central bank hikes rates to tame inflation; urges govt to act
by Reutersby ReutersBy Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged the government to consider measures …
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Biden to boost made-in-America goods as Siemens adds factory jobs
by Reutersby ReutersWASHINGTON – U.S. President Joe Biden on Friday will announce requirements for the government to buy more made-in-America goods at a White House event where Germany’s Siemens AG will commit …
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BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel and muted spending on food …
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Hyundai Motor says unsure when Russian plant operations will resume
by Reutersby ReutersBy Heekyong Yang SEOUL – South Korea’s Hyundai Motor Co said on Friday it has not decided when to resume operations at its assembly plant in St Petersburg, Russia, citing …
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UK construction sector activity strongest in Feb since mid-2021 -PMI
by Reutersby ReutersLONDON – Britain’s construction sector grew at its fastest pace since mid-2021 in February as disruption from the Omicron coronavirus wave eased and input costs rose at the slowest pace …
- Financial News
Exclusive-Chelsea FC’s banker says Abramovich’s exit will not be rushed
by Reutersby ReutersBy Krystal Hu – Roman Abramovich will not rush his divestment of English football team Chelsea FC, an adviser on the sale process told Reuters, even as Britain is considering …
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China calls on rare earths companies to bring prices back to “reasonable” level
by Reutersby ReutersBEIJING – China summoned some key rare earths companies amid continuously-rising product prices and urged them to ensure a steady supply chain to help cool prices, the regulator said on …
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By Uditha Jayasinghe COLOMBO – Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel factory in Sri Lanka so …
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Dassault Aviation sees lower sales in 2022 after military earnings boost
by Reutersby Reuters-France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it reported a steep rise in annual earnings fuelled by higher deliveries …
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MOSCOW – Foreign companies that want to leave Russia will receive fast-tracked bankruptcy protections or can hand their stakes over to local managers until they return to Russia, First Deputy …
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A look at the day ahead in markets from Dhara Ranasinghe. A fire at a training building near the largest nuclear power plant in Europe during intense fighting between Russian …
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Dutch bank ING says $770 million in loans affected by Russian sanctions
by Reutersby ReutersAMSTERDAM – Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) in outstanding loans were “affected” …
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MOSCOW – The Moscow Exchange said on Friday it imposed a ban on short selling of euro currency and stock instruments, in a further move by Russian authorities are taking …
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Stuck but not sweating it: some U.S. investors in Russia not kneejerk-selling
by Reutersby ReutersBy Davide Barbuscia NEW YORK – U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with …
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Japan PM Kishida wants new BOJ head to work towards ending deflation
by Reutersby ReutersTOKYO – Japan’s next central bank governor should be someone who understands the need to work with the government in beating deflation, Prime Minister Fumio Kishida said on Friday. Markets …
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Traders ramp up bullish bets in U.S. oil options as prices soar
by Reutersby ReutersBy David Gaffen and Stephanie Kelly – Bulls have surged into the U.S. crude oil options market in recent days as futures touch highs not seen in a decade, betting …
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China’s ‘common prosperity’ push leads to divergence in regulatory approach
by Reutersby Reuters(Corrects juxtaposition of words in name of networking forum in paragraph 8) By Eduardo Baptista and Clare Jim BEIJING/HONG KONG – China’s so-called “common prosperity” push in the near-term will …
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By Jamie McGeever ORLANDO, Fla. -The ballooning euro cost of oil and gas to record highs as war rages in Ukraine has prompted markets to murmur about the chances of …
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Japan’s Q4 GDP forecast to revise up, wholesale price gains cloud outlook – Reuters Poll
by Reutersby ReutersBy Kantaro Komiya TOKYO – Japan’s economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale inflation near a record in …
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Daytona drug dealer facing more than two dozen trafficking-related charges
by Jeff Jonesby Jeff JonesDAYTONA, FL – The Volusia County Sheriff’s Office ended a 5-month narcotics trafficking investigation with an arrest of a suspect facing more than two dozen trafficking-related charges Thursday in Daytona. …
- Breaking NewsFlorida NewsPolice Blotter
Deltona man charged with murder in shooting
by Jeff Jonesby Jeff JonesDELTONA, FL – A Deltona man is charged with attempted 2nd-degree murder in a shooting Thursday morning that critically injured his daughter’s ex-boyfriend. In addition to the attempted murder charge, …
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New York Police searching for suspect who assaulted victim with ladder
by Adam Devineby Adam DevineBROOKLYN, NY – A man is being sought by the New York Police Department after beating his victim with a ladder. The incident happened in the vicinity of Beaumont Street …
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Durr says Murphy giving too many excuses and not enough answers on closed state offices
TRENTON, NJ – New Jersey Senator Ed Durr said he’s tired of Governor Phil Murphy’s long line of excuses to keep state offices closed to the public as the March …