World Bank says Ukraine war may prompt grain shortages in poor countries
By David Lawder WASHINGTON -The World Bank on Wednesday said
Financial
Canada’s inflation rate surges to a fresh 30-year high
By Julie Gordon and Ismail Shakil -Canada’s annual inflation rate
Walmart plans to hire over 50,000 U.S. workers in Q1
-Walmart Inc said on Wednesday it plans to hire more
Volkswagen keeps Changchun factory shut on Thursday, Shanghai to reopen
BERLIN -Volkswagen Group China said on Wednesday it would as
Factbox-Countries and companies shun Russian crude over Ukraine invasion
– Russian gas flows to Europe remain stable, but Western
Head of Russia’s Sibur quits management over sanctions
– Sibur, Russia’s largest petrochemical producer, said on Wednesday that
Japan to revoke Russia’s most-favoured nation trade status – PM Kishida
By Kantaro Komiya and Leika Kihara TOKYO -Japan will revoke
For Dutch province, Ukraine war is a call to pump natural gas
By Anthony Deutsch OVERSCHILD, Netherlands -Images of bombed-out hospitals and
Brazil unveils plan to cut taxes on forex transactions by 2029
BRASILIA – Brazil’s government published a decree on Tuesday to
Acacia Research taps Starboard SPAC executive as M&A chief
By Svea Herbst-Bayliss BOSTON – Acquisition platform Acacia Research Corp,
ISS recommends two of Starboard’s four Huntsman board director candidates
By Svea Herbst-Bayliss BOSTON – Proxy adviser Institutional Shareholder Services
Analysis-Ukraine war upending central Europe’s post-COVID car revival
By Jason Hovet and Gergely Szakacs PRAGUE – Russia’s invasion
U.S. to ban imported Russian alcohol, seafood -source
WASHINGTON – The United States will ban imports of Russian
How much extra oil could OPEC+ pump to cool prices?
By Alex Lawler LONDON – Saudi Arabia and the United
Ukraine’s farmers stalled, fueling fears of global food shortages
By Maurice Tamman, David Gauthier-Villars, Sarah McFarlane and Sarah El
Global financial conditions at tightest since May 2009 – Goldman Sachs
By Yoruk Bahceli – Global financial conditions have reached their
Don’t take Russia back to 1917, Russian metals king Potanin warns
By Guy Faulconbridge LONDON -Confiscating the assets of companies that
Domino’s Russian arm suspends royalties but pizza outlets remain open
– The Russian franchisee of global pizza chain Domino’s has
Nestle says halts non-essential food exports and imports to Russia
ZURICH – Nestle has stopped exporting and importing non-essential food
U.S. IRS plans 10,000 hires to help clear millions of unprocessed tax returns
WASHINGTON – The Internal Revenue Service plans to launch job
Russian prosecutors ask court to name Meta as “extremist organisation” – Interfax
– Prosecutors have asked a Russian court to designate Facebook’s
Russia looking at sourcing aircraft spare parts from Asia
-Russia is working on sourcing spare parts for aircraft from
Insurance broker Marsh to exit Russia
– Marsh & McLennan, the world’s largest insurance broker, said
Warner Music Group says it is suspending operations in Russia
– Warner Music Group said Thursday it is suspending operations
Lebanon’s financial hole expected to grow, deputy PM says
BEIRUT – A hole in Lebanon’s financial system estimated at
Instant view: Feb US CPI jump comes as no surprise
NEW YORK – U.S. consumer prices surged in February, culminating
Curtiss-Wright settles proxy fight with investment firm Saddle Point
By Svea Herbst-Bayliss BOSTON – Curtiss-Wright Corp on Wednesday settled
Biden bans Russia oil imports to U.S., warns gasoline to rise further
By Trevor Hunnicutt, Steve Holland and Andrea Shalal WASHINGTON -U.S.
Aramco CEO says Ukraine invasion has accelerated global energy crisis
-Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding
OPEC has no control over events roiling global oil markets -Sec Gen
By Marianna Parraga HOUSTON -OPEC has no control over the
KFC parent Yum pausing development in Russia, a key market
By Hilary Russ NEW YORK -Yum Brands Inc, parent company
McDonald’s, Starbucks, Coke and Pepsi all halt sales in Russia
By Hilary Russ and Uday Sampath Kumar NEW YORK -McDonald’s,
Factbox-Apple upgrades iPhone SE and iPad Air, launches Mac Studio
– Apple Inc on Tuesday launched a low cost 5G
U.S. ride-hail drivers at career crossroads over record gas cost
By Nivedita Balu and Tina Bellon – Uber drivers are
More than 140 U.S. lawmakers urge speedy action on chips funding
By David Shepardson WASHINGTON – A bipartisan group of more
Europe’s six-month diesel spread hits a record high above $500/T
LONDON – The European benchmark price for a tonne of
Japan’s ANA lines up low-cost carrier in bet on post-COVID tourism boom
TOKYO -Japanese airline ANA Holdings Inc plans to launch a
U.S. warns financial institutions to be on watch for Russian sanctions evasion
WASHINGTON – The United States on Monday warned financial institutions
Co-founders of Mikhail Fridman’s LetterOne quit board
LONDON – The three LetterOne shareholders not hit by Western
Explainer-Russia could work around SWIFT ban but with high costs
By Tom Bergin – Western sanctions banning several Russian banks
How U.S. law enforcement could take control of Russian oligarchs’ assets
By Luc Cohen NEW YORK – The U.S. Justice Department
Russia revives COVID support programme to help firms hit by Ukraine sanctions
LONDON – Russia is resuming a support programme for critically
Russian-Ukraine fears send CDS debt insurance costs soaring
LONDON – The cost of insuring against a Russian government
Russian and Ukrainian weapons compete at Saudi defence show
RIYADH – As the tragic reality of war unfolds in
Yield curve recession signal intensifies as war fuels ‘stagflation’ fears
By Davide Barbuscia NEW YORK -Recession concerns are showing up
Moody’s cuts Russia rating to Ca on rise in default risk
LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday,
Visa, Mastercard suspend operations in Russia over Ukraine invasion
By John McCrank -U.S. payments firms Visa Inc and Mastercard
Russian banks rush to switch to Chinese card system
– Several Russian banks said on Sunday they would soon
S.Korea will implement export controls against Belarus over support to Russia
By Josh Smith SEOUL – South Korea will implement export
Vanguard will not restrict its active managers’ decisions on Russia
By Ross Kerber -Top mutual fund manager Vanguard Group said