"business"

-Oasis Petroleum Inc and Whiting Petroleum Corp will merge in a $6 billion deal including debt, the U.S. shale oil and gas producers said on Monday. The deal between the …

By Peter Hobson LONDON – Palladium prices have rocketed 80% this year to all-time highs as financial sanctions on Russia, which produces 25-30% of global supply, disrupt shipments and worsen …

By Bharat Gautam – Palladium shot to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark in …

By Dominique Vidalon PARIS – Shares in Danone fell 3% on Monday after the French food group said it was suspending investments in Russia and had closed one of its …

By Foo Yun Chee BRUSSELS – The European Union is considering loosening state aid rules for companies affected by EU sanctions against Russia over Ukraine and the bloc’s competition regulators …

By Bharat Gautam – Palladium shot up to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark …

By Danielle Kaye and Nivedita Balu NEW YORK – Apple Inc will likely announce a new low-cost version of its iPhone SE with 5G capabilities at its annual spring product …

By Swati Bhat MUMBAI -The Indian rupee fell to a historic low on Monday, while bond yields surged as a sharp rise in global prices of crude oil stirred concern …

By Yuka Obayashi, Maki Shiraki and Yoshifumi Takemoto TOKYO – Japanese firms are under deepening pressure over their ties to Russia and are scrambling to assess their operations, company and …

-In bright sunshine, a long queue of shoppers snaked outside an IKEA store near Moscow late last week. Similar scenes were repeated across Russia as families rushed to spend their …

ZURICH – UBS’s direct exposure to Russia made up $634 million of the Swiss bank’s total emerging market exposure of $20.9 billion at the end of 2021, the bank said …

FRANKFURT – Investor morale in the euro zone plunged in March in the wake of the Russian invasion of Ukraine and its implications for the global economy, a survey showed …

LONDON – British clothing retailer Next is to close its Russian operations following Russia’s invasion of Ukraine, joining a growing list of companies shunning the country. Next has told staff …

By Chayut Setboonsarng and Panarat Thepgumpanat BANGKOK – Thailand is scrambling to encourage its people to have more babies to arrest a slumping birth rate, offering parents childcare and fertility …

LONDON – Credit cards issued by Russian banks using the Visa and Mastercard payment systems will stop functioning overseas after March 9, Russia’s central bank said on Sunday, adding that …

BEIJING -China’s export growth slowed in the January-February period largely due to base effects, and though the data beat expectations, Russia’s invasion of Ukraine has heightened uncertainty over the outlook …

The war in Ukraine, and its fallout, remains central for markets. How much more pain is about to hit Russia’s economy? Can oil rise even higher? U.S. inflation data is …

A look at the day ahead in markets from Dhara Ranasinghe. Oil’s relentless climb, hitting almost $140 on Monday, means another turbulent start to the week for world markets. The …

By Dhara Ranasinghe and Stefano Rebaudo LONDON – The European Central Bank’s plans to dial back stimulus have been upended by Russia’s invasion of Ukraine. Policymakers meeting on Thursday must …

PARIS – Engie chief executive Catherine MacGregor said on Monday that any decision to stop Russian energy imports in retaliation for Russia’s invasion of Ukraine would impact the energy supplies …

– Russian state natural gas company Gazprom is continuing to supply gas via Ukraine at the same volume as a day earlier of 109.5 million cubic metres per day, Russia’s …

By Alun John and Anshuman Daga HONG KONG/SINGAPORE – Southeast Asian stocks are becoming a haven for international investors fleeing a worsening outlook for global equities who are hoping for …

By Karolina Tagaris CORFU, Greece -It took one electricity bill to crush Dimitris Diavatis’ hopes that his Greek summer resort could bounce back to its pre-pandemic health this year, even …

By Carlos Barria and Mehmet Emin Caliskan IRPIN, Ukraine -Ukrainians fleeing the town of Irpin just outside Kyiv were caught in shelling by Russian forces on Sunday and forced to …

By David French – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon …