"business"

By Kate Holton LONDON -British Airways owner IAG is examining all options to cope with a volatile business environment, but does not need a rights issue for now because it …

By Maha El Dahan, Ahmad Ghaddar and Alex Lawler DUBAI/LONDON -OPEC+ oil producers agreed on Wednesday to stick to their plans for a modest output rise in April, ignoring the …

By Tommy Wilkes and Huw Jones LONDON – The European Union is excluding seven Russian banks from the SWIFT messaging system that underpins global payment transactions as the West ratchets …

(Removes extra word from headline) By Foo Yun Chee BRUSSELS – Russian state-controlled media outlets RT and Sputnik will be banned in the European Union with immediate effect for systematic …

STERLING, Va. – It may not rise to the level of a Galileo or Marco Polo discovery, but a recent Customs and Border Protection discovery is just as exciting, while …

U.S. Big Oil corporation ExxonMobil joined multiple other multinational energy firms in announcing that it would distance itself from Russian business ventures Tuesday. The American energy giant announced that it …

LONDON – Soaring Brent crude oil prices are tracking the same path as in 2007-08, when they hit a record $150 a barrel before demand destruction kicked in and prices …

By Hari Kishan and Sarupya Ganguly BENGALURU – U.S. house prices are set to climb in double digits this year even as the Federal Reserve embarks on its expected series …

TAIPEI – Former U.S. Secretary of State Mike Pompeo, sanctioned by China when he left office at the end of the Trump presidency, arrived in Taiwan on Wednesday and almost …

MOSCOW – Prime Minister Mikhail Mishustin on Wednesday said Russia would provide additional funds to develop its IT sector and may tweak tax arrangements for businesses and households as it …

By Susanna Twidale LONDON – European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said EU sanctions against Russia could …

– Shares of Nordstrom Inc soared more than 32% on a faster-than-expected recovery at the company’s off-price Rack outlets that raised hopes about the department store’s ability to stanch further …

– Swiss-based Russian gas pipeline operator Nord Stream 2 AG has not filed for insolvency, it said on Wednesday. “We do not confirm the media reports that Nord Stream 2 …

BEIJING – China will not join in sanctions on Russia that have been led by the West, the country’s banking regulator said on Wednesday, adding that he believed the impact …

MOSCOW – Russia’s top airline Aeroflot said on Wednesday that it was assessing the impact of Western sanctions on its leased planes and that it was asking European Union (EU) …

By Jane Lanhee Lee – CesiumAstro Inc, a startup that builds hardware and software for aerospace communications, said on Wednesday it has raised $60 million in funding from investors including …

By Alistair Smout and Muvija M LONDON -Russia’s invasion of Ukraine will not have a dramatic impact on bookings in eastern Europe so long as the war doesn’t escalate, Ryanair …

WASHINGTON – U.S. airplane manufacturer Boeing Co said on Tuesday it was suspending parts, maintenance and technical support for Russian airlines as well as major operations in Moscow after Russia’s …

LVIV – The Ukrainian central bank on Wednesday asked the International Monetary Fund and the Group of Seven major economies to limit the participation of Russian and Belarussian representatives in …

By Julie Gordon OTTAWA – The Bank of Canada is poised to hike its key overnight interest rate for the first time in three years on Wednesday, kicking off a …

By Joseph White DETROIT – U.S. auto dealers, flush with cash, are buying each other at a record pace, but they are not closing stores in the process. Defying predictions …

By Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead …

MOSCOW – Russia’s central bank said on Wednesday it was temporarily suspending transfers by foreign legal entities and individuals from several countries to accounts abroad. The bank said it was …

MOSCOW -Russia’s largest lender Sberbank is quitting almost all European markets, blaming big cash outflows and threats to its staff and property following Russia’s invasion of Ukraine and Western sanctions. …

BERLIN – Volkswagen’s Porsche is suspending production at its Leipzig plant until the end of next week as a result of the Ukraine crisis, a spokesperson for the luxury carmaker …