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By Pushkala Aripaka -AstraZeneca non-executive Chairman Leif Johansson will retire next year after serving 11 years in the role, the Anglo-Swedish drugmaker said on Tuesday, as it moves onto the …

By Piotr Lipinski and Gleb Stolyarov IZHEVSK, Russia -Russian carmaker Avtovaz, controlled by France’s Renault, is looking to secure alternative supplies of electronic chips in case U.S. sanctions curb deliveries …

MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on Tuesday. Oil hit its highest …

– German Chancellor Olaf Scholz halted certification of the Nord Stream 2 gas pipeline designed to boost Russian gas supply to Germany on Tuesday after Russia formally recognised two regions …

– The Centers for Disease Control and Prevention (CDC) has awarded Palantir Technologies Inc a $5.3 million contract to manage distribution of COVID-19 drugs in the United States, the software …

By William Schomberg and Andy Bruce LONDON -Fast-rising inflation is pushing up the British government’s debt interest bill sharply and limiting finance minister Rishi Sunak’s options to ease a cost-of-living …

BANGKOK – Thailand’s cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract “high potential” foreigners to help boost the economy, the finance …

DUBLIN – Ireland’s data watchdog expects to consult fellow EU regulators in April on its investigation into Facebook’s data transfers, moving closer to a decision that could hammer transatlantic business …

By Ahmed Hagagy KUWAIT -Kuwait’s government owes 2.35 billion dinars ($7.78 billion) in late payments to public entities, according to the finance ministry, in a sign of a deepening cash …

HAMBURG – Volkswagen is weighing issuing an equal number of common and preference shares in a potential listing of luxury carmaker Porsche AG and may pay a special dividend to …

BRUSSELS – EU ambassadors have been discussing a sanctions package on Russia consisting of four parts which could be agreed by the bloc’s foreign ministers at a meeting later on …

By Jamie McGeever ORLANDO, Fla. -Another week, another big win for hedge funds betting on a flatter U.S. yield curve. Futures market data for the week through Feb. 15 show …

By Tom Westbrook and Alun John SINGAPORE – Investors are reviving one of the most unprofitable wagers of the past two decades and betting that a combination of politics and …

LONDON – More British manufacturers plan to raise prices in the next three months than at any point since 1976, according to a survey on Tuesday that highlighted the inflationary …

– Canada’s Brookfield Asset Management Inc is in talks to buy the payments business of UAE’s biggest lender First Abu Dhabi Bank PJSC, Bloomberg News reported on Tuesday. The unit, …

By Sinchita Mitra -Britain’s biggest retail stockbroker Hargreaves Lansdown on Tuesday reported slower growth than analysts had expected in the assets it manages and net new business for the half …

By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses and improving loan demand, but …

By Anshuman Daga and Lawrence White SINGAPORE/LONDON -HSBC brought forward its key profitability target by a year and more than doubled its annual profit as expected bad loans from the …

By Megan Davies and Chris Prentice NEW YORK/WASHINGTON -U.S. prosecutors are exploring whether they can use a federal law originally enacted to take down the mafia, in a sprawling probe …

By Katya Golubkova MOSCOW – Natural gas flowed east in reverse mode through the Yamal-Europe pipeline on Tuesday, while President Vladimir Putin pledged Russia would continue to deliver uninterrupted supplies …

BRUSSELS – Russia’s recognition of the independence of Ukraine’s two breakaway regions makes the European Commission’s already reduced euro zone growth forecast for 2022 even more uncertain, European Economic Commissioner …

LONDON -British retailer Marks & Spencer said on Tuesday it has agreed a new online and in-store partnership with Estee Lauder owned skincare and make-up brand Clinique. Since 2020, M&S …

By Amna Karimi – Coca-Cola HBC said on Tuesday it had contingency plans to cope with the escalating Russia-Ukraine crisis, as the London-listed soft drinks bottler reported a surge in …

LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global markets from the deepening crisis …