Ratings firm S&P Global cuts euro zone growth forecast to 3.3%
LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher energy prices caused by the…
LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher energy prices caused by the…
By Philip Pullella VATICAN CITY – Pope Francis led the world’s Catholic bishops on Friday in praying for peace between Russia and Ukraine, saying the world had forgotten the tragedies…
WASHINGTON – The Russia-Ukraine crisis is driving up commodities prices and is likely to reduce prospects for global growth in the coming year, U.S. Treasury Secretary Janet Yellen warned on…
LVIV, Ukraine – Ukraine’s new agriculture minister said on Friday that Ukraine’s grain stocks for export amount to $7.5 billion but did not say what the volume of grains for…
NEW YORK – Citigroup Inc said on Thursday in a memo that Carey Lathrop, global co-head of markets, will leave the bank and Andy Morton, who has been sharing the…
By Gaurav Dogra and Patturaja Murugaboopathy – Global tech funds are back in demand and investment inflows are surging as rising inflationary pressures and a selloff in bonds drive investors…
By Tom Wilson LONDON – Decentralised finance – or DeFi – is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities…
The partnership is funded through the Franklin P. and Arthur W. Perdue Foundation and the Perdue family, and aligns with the company’s Delivering Hope to Our Neighbors® initiative focused in…
(Corrects currency in 5th graf, no other changes.) ZURICH – The Swiss National Bank will likely hold fast to the world’s lowest interest rate when it gives its latest monetary…
Global Energy Group Asks Citizens To Sacrifice Amid Worldwide Crisis Thomas Catenacci on March 18, 2022 The International Energy Agency (IEA) released a 10-point plan Friday to reduce global reliance…
– Global bond funds saw money outflows for the tenth consecutive week in the week to March 16, as higher U.S. inflation levels evoked expectations that the Federal Reserve would…
PARIS – The Ukraine crisis could knock more than a percentage point off global growth this year and add two and a half percentage points to inflation, the OECD estimated…
SINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. Here are the measures announced:…
SAO PAULO – Brazilian planemaker Embraer SA said on Wednesday that its electric vertical take-off and landing (eVTOL) aircraft subsidiary Eve has signed a letter of intent with Global Crossing…
By Andrea Shalal WASHINGTON – Russia’s invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally reshape the global economic order…
– JPMorgan Chase & Co said on Tuesday it would buy Global Shares, an Irish fintech firm whose software helps businesses manage employee stock plans. The deal, the terms of…
By Karl Plume – A worsening drought in the southern U.S. Plains is threatening the region’s winter wheat crop just as the Ukraine crisis dents global supplies. Some farmers in…
By Simon Jessop LONDON – Investors stepped up pressure on corporate climate lobbying on Monday, launching a new 14-point action plan for companies to stick to or risk having their…
By Maurice Tamman, David Gauthier-Villars, Sarah McFarlane and Sarah El Safty – The Russian invasion of Ukraine threatens millions of tiny spring-time sprouts that should emerge from stalks of dormant…
By Yoruk Bahceli – Global financial conditions have reached their tightest since May 2009, according to a widely watched Goldman Sachs index, a possible sign of a world economic slowdown.…
NEW YORK – The U.S. Securities and Exchange Commission rejected proposals to list and trade shares of spot bitcoin exchange-traded funds (ETFs) NYDIG Bitcoin ETF https://www.sec.gov/rules/sro/nysearca/2022/34-94395.pdf and Global X Bitcoin…
– Barclays appointed Ihsan Essaid as co-head of its global mergers and acquisitions business, according to a memo seen by Reuters on Thursday. Essaid is a veteran of about three…
WASHINGTON – Project Concern International (PCI) has agreed to pay the United States $537,500 to resolve allegations that it knowingly submitted false claims to…
– Global food prices will rise further if western nations intensify economic pressure on Russia, a major global fertilizer producer, President Vladimir Putin said. Russian Agriculture Minister Dmitry Patrushev told…
– Russia has essentially been cut off from global capital markets as western companies and investors increasingly shun doing business in the country following its invasion of Ukraine, BlackRock Inc…