All News

MOSCOW – Escalating tensions between Moscow and Western countries over Ukraine and the possibility of sanctions against Russia have fuelled fears supplies of key commodities produced and exported by Russian …

MILAN -Non-binding offers for a non-performing loan (NPL) portfolio worth around 5 billion euros ($5.7 billion) put on the block by Greece’s bad bank liquidator PQH are due next week, …

By Sudarshan Varadhan NEW DELHI – (This February 17 story corrects first line to say five million tonnes per annum, not cumulative) India plans to manufacture five million tonnes of …

By Aradhana Aravindan and Chen Lin SINGAPORE -Singapore will begin implementing a long-flagged increase to its goods and services tax next year, its finance minister said in his budget speech …

BERLIN -The German government stands by the goal of implementing a global corporate tax reform drafted last year as scheduled on Jan. 1, 2023, Finance Minister Christian Lindner said during …

By John Geddie, Valerie Volcovici and Joe Brock – United Nations member states are set to meet this month in Nairobi to draft the blueprint for a global plastics treaty, …

– More than 100 United Nations member states will convene this month to draw up a blueprint for the first-ever global agreement to tackle plastic pollution. The U.N. says it …

MOSCOW – Russia’s second-largest oil producer Lukoil has closed a deal to buy a 9.99% stake in Azerbaijan’s Shah Deniz natural gas project from Malaysian oil and gas company Petronas …

By Mike Dolan LONDON -Inflation is raging, interest rates are rising and bonds look like treacherous investment waters – all of which make arguments for a dip back into the …

By David Milliken LONDON – British shoppers began to return to stores last month after many stayed away during a wave of COVID-19 cases that peaked at the turn of …

– Japan’s domestic investors are selling foreign equities and bonds aggressively this year, on concerns over monetary tightening by the world’s major central banks and its impact across global equity …

BEIJING -Sales of new energy vehicles (NEVs) in China fell 18.6% month-on-month in January after the country cut subsidies for NEVs by 30%, industry data showed on Friday. Sales of …

By Iain Withers LONDON -British bank NatWest swung to a hefty profit on the back of the country’s economic recovery but said rising prices will make it harder to cut …

By Mimosa Spencer and Silvia Aloisi PARIS -Sales growth at Hermes eased in the final quarter of last year, missing market forecasts and sending its shares down as much as …

By Stephanie Nebehay and John O’Donnell BELLINZONA, Switzerland – Credit Suisse learned of murders and cocaine smuggling allegedly connected to a Bulgarian gang but continued to manage cash that is …

– Tensions over Ukraine are set to keep markets on edge in the week ahead while U.S. consumer data and results from major U.S. retailers will give fresh insights into …

By Marwa Rashad and Isla Binnie LONDON/MADRID – Europe’s liquefied natural gas (LNG) terminals have limited available capacity to absorb extra supply from the United States or other major producers …

LONDON – Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out of cash, inflation-linked debt and …

SHANGHAI – Online food delivery group Meituan led a rout of Chinese technology company shares on Friday, as authorities announced a series of regulatory moves to boost growth while keeping …

By Stephen Jewkes MILAN -Italy’s Eni became the latest energy group to benefit from the oil and gas boom as it posted its best result since 2012 to provide cash …

By Duncan Miriri NAIROBI – A key IMF-supported programme funding military wages and other essential services in Somalia could expire in May if there are any further delays to elections, …

PRAGUE – Slovakia’s current account hit a deficit of 831 million euros ($944.85 million) in December after a revised gap of 122 million euros in November, the central bank said …

BEIJING – Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as …

BANGKOK – Thailand’s property market may not return to pre-pandemic levels until 2024, due to a slower-than-expected economic recovery amid a new coronavirus outbreak and higher inflation, the research unit …

FRANKFURT – The euro zone’s current account surplus rose to 310 billion euros ($352.47 billion) last year, or 2.6% of the bloc’s economic output, European Central Bank data showed on …