(Reuters) -Russia’s weekly inflation rate eased in late April, data from statistics service Rosstat showed on Friday, confirming an easing of crippling price pressures days after the central bank cut …
Cut
-
-
By Jonathan Saul LONDON – Western ship insurers are terminating cover for Russia’s leading shipping company Sovcomflot as multiple sanctions start to bite, companies involved say, adding to the growing …
-
MADRID – Spain’s economy expanded 0.3% in the first quarter from the second, preliminary data showed on Friday, slowing down from 2.2% in the previous three months as Russia’s invasion …
-
By Florence Tan and Muyu Xu SINGAPORE – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records in …
-
SHANGHAI – Global investment houses have rushed to cut their yuan forecasts as China’s currency heads for its worst month in decades, with optimism souring amid a domestic economic slowdown …
-
AMSTERDAM – Amsterdam’s Schiphol airport has asked airlines to cancel flights over the weekend to avoid chaos due to overcrowding at Europe’s third busiest airport, it said on Thursday. The …
-
By Joey Roulette and David Shepardson WASHINGTON – U.S. Senator Bernie Sanders asked lawmakers to delete language from a bill that would fund development of a new lunar lander for …
-
Russia To Cut Gas Supplies To Poland, Bulgaria Thomas Catenacci on April 26, 2022 Russia is reportedly planning to halt all natural gas pipeline flows to Poland and Bulgaria, a …
-
(Reuters) – Canopy Growth Corp said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries to achieve long-elusive profitability. Most …
-
(Reuters) – Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 9% of its full-time employees, sending its shares down 5% in extended trade. The …
-
By Alexandra Valencia QUITO – Ecuador could reduce this year’s fiscal deficit more than it predicted, if crude prices remain high and it is able to sell a state-owned bank, …
-
By Francesco Guarascio and Kate Abnett BRUSSELS – The European Union is considering options to cut imports of Russian oil as part of possible further sanctions against Moscow over its …
-
(Reuters) – Nektar Therapeutics said on Monday it would lay off about 70% of its workforce, or more than 500 employees, after stopping the development of its key cancer drug …
-
(Reuters) – Ukraine’s military command said on Monday that Russia was trying to bomb Ukraine’s rail infrastructure in order to disrupt arms supplies from foreign countries. “They are trying to …
-
BERLIN – Around 40% of German companies are already feeling the impact of rising energy prices and almost half want to reduce investments due to rising energy costs, a survey …
-
SHANGHAI – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters. The planned …
-
By Francesco Guarascio BRUSSELS – The European Commission is working to speed up the availability of alternative energy supplies to try to cut the cost of banning Russian oil and …
-
(Reuters) – Goldman Sachs Chief Executive David Solomon and his top deputies will get a part of profits from the bank’s private investment funds, the Wall Street Journal reported on …
-
SHANGHAI – Benchmark lending rates for China’s commercial banks are likely to be lowered at a monthly fixing on Wednesday, a Reuters survey showed, as Beijing cautiously eases monetary conditions …
-
SHANGHAI – The smallness of a cut to the amount of money Chinese banks must hold in reserves may reflect concern by the Chinese central bank over inflation and U.S. …
-
(Reuters) – Russia’s central bank sees room for an interest rate cut as weekly inflation is slowing, Deputy Governor Alexei Zabotkin said on Thursday, Interfax new agency reported. It will …
-
SHANGHAI/BEIJING – China’s central bank is set to step up monetary easing efforts, but a vast majority of market participants in a Reuters poll conducted on Thursday believe the central …
-
By Michelle Nichols UNITED NATIONS – The United States is pushing the U.N. Security Council to further sanction North Korea over its renewed ballistic missile launches by banning tobacco and …
-
ZURICH – Swiss drugmaker Novartis will cut thousands of jobs worldwide as it combines its pharma and oncology businesses in a reorganisation announced last week, Swiss newspaper Tages-Anzeiger reported on …
-
By Joe Bavier, Clara Denina and Helen Reid JOHANNESBURG – Rio Tinto Ltd received an alumina shipment from Russia’s Rusal in late March, weeks after saying it was severing ties …