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Home - Results for business - Page 2555
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"business"

  • Financial News

    Ferrari doesn’t see impact on its supply chain from Ukraine crisis

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    MILAN, Mar 3 – Ferrari does not see any impact on its supply chain as a consequence of Russia’s invasion of Ukraine, a spokesman for the Italian luxury carmaker told …

  • Financial News

    Crypto exchange Binance says will not accept cards of sanctioned Russian banks

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    MOSCOW – Cryptocurrency exchange Binance on Thursday said cardholders of sanctioned Russian banks would not be able to use them on their platform and confirmed that sanctioned individuals have had …

  • Financial News

    TD profit beats estimates, closing out strong quarter for Canadian banks

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Nichola Saminather TORONTO – Toronto-Dominion Bank beat analysts’ estimates for quarterly profit on Thursday, helped by strong trading revenues, although higher variable expenses and weaker growth in interest income …

  • Financial News

    Palladium scales 7-month peak, gold firms as Ukraine crisis rages on

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Bharat Gautam – Palladium raced to an over seven-month peak on Thursday in a rally sparked by concerns over supply from top producer Russia, while a relatively less hawkish …

  • Financial News

    Twitter expands crowdsourced fact check experiment ‘Birdwatch’

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Sheila Dang – Twitter Inc is expanding its crowdsourced fact-checking program by making notes on potentially misleading tweets visible to more people on Twitter, the company said in a …

  • Financial News

    U.S. Q4 productivity growth unrevised at 6.6% annualized rate

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which measures hourly output per worker, …

  • Financial News

    Ukraine tapped lion’s share of IMF reserve allocation, debt pressures building

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Andrea Shalal WASHINGTON – Ukraine has exchanged all but $80 million of the $2.7 billion in new International Monetary Fund emergency reserves it received in August, IMF data show, …

  • Financial News

    Tesla to win approval for $5.5 billion Berlin gigafactory on Friday

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    BERLIN – The German state of Brandenburg has called a news conference for Friday at which it is widely expected to approve Tesla’s 5 billion euro ($5.5 billion) gigafactory near …

  • Financial News

    Cannabis producer Tilray to buy rival HEXO’s debt of up to $211 million

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    – Tilray Brands on Thursday agreed to buy up to $211 million of HEXO’s debt, giving the Canadian cannabis producer a right to pick a significant equity stake in its …

  • Financial News

    Italy’s TIM sets out alternative to KKR deal but shares plunge

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Elvira Pollina MILAN – The new boss of Telecom Italia set out the virtues of his standalone plan as an alternative to a takeover approach from KKR but shares …

  • Financial News

    Russia’s top carmaker to stop plants for four days

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    MOSCOW – Russia’s biggest carmaker, Avtovaz, will stop its Togliatti and Izhevsk plants on Saturday and from March 9 to 11 as it grapples with a crisis in supplies of …

  • Financial News

    Ukraine’s banking system remains resilient despite war, says central bank governor

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    LVIV – Ukraine’s central bank governor Kyrylo Shevchenko said on Thursday the Ukrainian banking and financial system remained resilient amid Russia’s invasion and had been boosted by international financial support …

  • Financial News

    Explainer-Russian banks isolated, UK cuts insurance ties with Moscow

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Huw Jones and Tommy Wilkes LONDON – Britain will ban Russian companies from London’s multi-billion dollar aviation and space insurance market, the latest restrictions Western allies are imposing to …

  • Financial News

    UK asks Meta, Tik Tok to prevent access to RT

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    LONDON – Britain’s culture minister said she had asked social media company Tik Tok and Facebook’s parent company Meta Platforms if they could prevent access to Russian state-owned television network …

  • Financial News

    Former Ghosn deputy set for U.S. return after suspended sentence

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Tim Kelly and Satoshi Sugiyama TOKYO – A Tokyo court on Thursday handed former Nissan Motor executive Greg Kelly a six-month suspended sentence for helping Carlos Ghosn hide pay …

  • Financial News

    Investors warn of unintended consequences as companies cut Russian ties

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Ross Kerber – A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow’s invasion …

  • Financial News

    Sibanye-Stillwater sees Ukraine crisis disrupting automotive supply chains

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Helen Reid JOHANNESBURG – Disruptions to automotive supply chains in the wake of Russia’s invasion of Ukraine could impact demand for platinum group metals (PGMs), the chief executive of …

  • Financial News

    Norway wealth fund’s Russian investments are worthless, says CEO

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Gwladys Fouche OSLO – The Russian assets of Norway’s $1.3 trillion wealth fund, the world’s largest, have become worthless following Russia’s invasion of Ukraine and selling them as instructed …

  • Financial News

    Deals over dividends: Ladbrokes owner Entain saves cash for acquisitions

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Sachin Ravikumar – Entain will use excess cash on acquisitions this year rather than shareholder payouts, the British gambling firm said on Thursday, as it reported higher annual earnings …

  • Financial News

    Japan’s JAL, ANA cancel or reroute Europe flights due to Ukraine crisis

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Maki Shiraki and Jamie Freed TOKYO – Japan Airlines Co Ltd and ANA Holdings Inc cancelled all flights to and from Europe on Thursday and cancelled or rerouted flights …

  • Financial News

    Macau government extends casino licences to December

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Farah Master HONG KONG – Casino companies in Macau will have their licences extended by six months, the city’s Economy and Finance Secretary said on Thursday, allowing more time …

  • Financial News

    Analysis-Crypto exchanges won’t bar Russians, raising fears of sanctions backdoor

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Tom Wilson LONDON – Some of the world’s biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision that experts say weakens Western …

  • Financial News

    Russia now ‘utterly uninvestable’ – Schroders CEO says

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Lawrence White LONDON – Russian stocks and bonds are now “in the realms of utterly uninvestable,” the chief executive of Schroders Peter Harrison told Reuters on Thursday, as Western …

  • Financial News

    Former boss Ghosn says Nissan’s lack of vision is hurting Renault

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Satoshi Sugiyama TOKYO – Former Nissan Motor chairman Carlos Ghosn, who was ousted from the company following his arrest in Japan, said on Thursday that its alliance partner Renault …

  • Financial News

    Analysis-Russia-Ukraine conflict highlights wheat supply vulnerability

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Gus Trompiz and Nigel Hunt PARIS/LONDON – The threat to wheat supplies from Russia’s invasion of Ukraine has been exacerbated by a shift in global stocks away from major …

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