"business"

OSLO -Shipping and logistics group Maersk will sharply curtail its transport of goods to Belarus to comply with sanctions over Russia’s invasion of Ukraine, it said on Friday. “Only bookings …

– Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of Ukraine. Investors offloaded global equity …

By Ceyda Caglayan ISTANBUL – Textile and leather goods’ makers in Istanbul’s garment district are feeling the impact of Russia’s invasion of Ukraine as customers in Moscow and Kyiv have …

By Tim Hepher PARIS -Dassault Aviation voiced frustration over a dispute with partner Airbus about the next phase of work on the European FCAS fighter project and said it was …

LONDON – The euro extended its falls across the board on Friday and was poised for its biggest weekly drop in seven years against the Swiss franc as investors dumped …

By Christoph Steitz and Tom Käckenhoff FRANKFURT – RWE on Friday said one of its long-term gas contracts with a Russian supplier was dormant, limiting the exposure for Germany’s largest …

-Michelin said on Friday its world famous guide would suspend all restaurant recommendations in Russia in response to Moscow’s invasion of Ukraine. All development projects Russia were now frozen, it …

MOSCOW – The operator of Russia’s Nord Stream 2 natural gas pipeline to Germany has not filed for insolvency, TASS news agency cited the company as saying on Friday. (Reporting …

By Dietrich Knauth, Jonathan Stempel and Tom Hals – The Sackler family owners of Purdue Pharma LP reached a deal with a group of attorneys general to pay up to …

MOSCOW -Russia’s parliament on Friday passed a law that makes it easier for the government to use the country’s National Wealth Fund (NWF) to buy stocks of Russian companies and …

By Nichola Saminather TORONTO – TD Bank’s planned $13.4 billion purchase of First Horizon Corp would give it access to one of the fastest growing regions in the United States, …

– 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 …

MOSCOW – 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 …

WASHINGTON – 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 …

By 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 …

LONDON – 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 …

By 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 …

BEIJING – 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 …

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 …

-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 …

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 …

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 …

AMSTERDAM – 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” …

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 …

By 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 …