By Matt Scuffham NEW YORK – Wall Street banks’ commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia’s invasion of Ukraine,…
By Henriette Chacar, Ali Sawafta and Nidal al-Mughrabi JERUSALEM – One year after events in Jerusalem led to war in Gaza, clashes during the Muslim holy month of Ramadan are…
By Asha Sistla (Reuters) – Gold prices edged higher on Wednesday as concerns of an escalation in the Russia-Ukraine conflict increased safe-haven bids for the precious metal, although a firmer…
MADRID – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic impact from Russia’s invasion of…
RIO DE JANEIRO – The prosecutor’s office at Brazil’s federal audit court (TCU) has asked the court to open an investigation into President Jair Bolsonaro’s appointment of Adriano Pires as…
LONDON – OPEC+ has warned the global economy would see a major blow from a prolonged conflict in Ukraine, the oil producing group said in an internal report, seen by…
TOKYO -The conflict between Russia and Ukraine, which are exporters of steel products, will have a huge impact on global steel demand and trade if it lasts for a long…
By Eric Onstad LONDON – Surging European steel prices are set to extend their gains as Russia’s invasion of Ukraine has disrupted logistics, spurred sanctions and sent energy prices soaring.…
MEXICO CITY – The U.S. ambassador to Mexico on Thursday urged Mexican lawmakers to join the United States in supporting Kyiv against Russia’s invasion of Ukraine, a day after his…
WASHINGTON – Russia will emerge from the conflict in Ukraine weaker and more isolated, a senior Pentagon official said on Thursday. “I think with a high degree of certainty that…
BELGRADE – The war in Ukraine is expected to weigh on Serbia’s economy, presenting global problems such as supply chain disruptions and higher commodity prices, the International Monetary Fund said…
By Andrew Mills DOHA – Russia’s invasion of Ukraine has opened up diplomatic and commercial opportunities for gas exporter Qatar to expand energy sales to the West and bolster its…
By Helen Reid JOHANNESBURG – The United States and Britain are boycotting some Kimberley Process meetings because they are chaired by Russia, in a sign of how geopolitical rifts due…
BRUSSELS/WASHINGTON -U.S. President Joe Biden will meet NATO and European Union leaders in Brussels next week for a summit to discuss Russia’s invasion of Ukraine with no sign of Moscow…
MANILA – The impact of the Russia-Ukraine conflict on the Philippine economy is expected to be temporary, Economic Planning Secretary Karl Chua told a media briefing on Tuesday. “We have…
By David Morgan WASHINGTON – The war in Ukraine has opened a new front in the U.S. Republican Party’s civil war, with party primary candidates vying to run in the…
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping…
By Selena Li and Carolyn Cohn HONG KONG/LONDON -Prudential PLC notched up a 16% rise in 2021 operating profit after it strengthened its focus on Asia, though it warned of…
– U.S. investors were rushing to invest in money market funds as the conflict between Russia and Ukraine intensified, fuelling worries about inflation and economic growth. U.S. money market funds…
BRUSSELS – NATO will defend all its allies and territory against a Russian attack, U.S. Secretary of State Antony Blinken said on Friday, as he arrived for a meeting of…
LISBON -European Central Bank Governing Council member Mario Centeno warned on Wednesday that Russia’s invasion of Ukraine could lead to a combination of low growth and high inflation, known as…
By Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that…
WASHINGTON – White House economic adviser Cecilia Rouse said on Monday that the biggest U.S. economic risk from Russia’s invasion of Ukraine is from higher gasoline prices, and the depth…
By Jacob Gronholt-Pedersen COPENHAGEN – Toymaker Lego has recommended that its staff in Russia not attend protests or get involved in any public discussion about the war in Ukraine, after…
By Saikat Chatterjee LONDON – World markets were set for another tumultuous week after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine…