Oil, commodities price shock could cost over 4% of global GDP, Trafigura says
By Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global …
Global
Explainer-The extent of global banks’ Russian exposure
By Valentina Za MILAN – European bank stocks have lost a fifth of their value over the past month amid the Ukraine crisis. Western sanctions …
Global funds with exposure to Russia faced big outflows in Feb
– Global mutual funds and exchange-traded funds with significant exposure to Russian equities and bonds have seen massive outflows and an erosion in their net …
RCG Global Services Appoints Insurance Industry Veteran Patti Griffin to Board
ISELIN, N.J., March 9, 2022 — RCG Global Services (“RCG” or “the Company”) is proud to announce the appointment of Patti Griffin to its Board of …
Global LNG demand growth shifts from Asia to Europe on Russia sanctions
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even …
Aramco CEO says Ukraine invasion has accelerated global energy crisis
-Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding in Ukraine” is making the global energy crisis worse, according to prepared remarks delivered at …
OPEC has no control over events roiling global oil markets -Sec Gen
By Marianna Parraga HOUSTON -OPEC has no control over the events that have led to the run up in global oil prices and there is …
S&P Global affirms U.S. rating at ‘AA+/A-1+’
– S&P Global on Tuesday reaffirmed its sovereign rating for the United States at ‘AA+/A-1+’, the second highest rating by the agency even as the …
Steward Partners Global Advisory Welcomes Ramapo Wealth Advisors, a New Jersey-based $600 Million Team
WASHINGTON, March 8, 2022 — Steward Partners Global Advisory, LLC, an employee-owned, full-service independent partnership associated with Raymond James Financial Services, Inc. (member FINRA/SIPC), welcomes its …
Explainer-The extent of global banks’ Russian exposure
By Valentina Za MILAN – European bank stocks have lost a fifth of their value since Russia invaded Ukraine last month. Western sanctions against Moscow …
Global equity funds see biggest weekly outflow since mid-Dec
– Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of …
Icahn takes pig-welfare push global amid McDonald’s proxy fight
By Tom Polansek CHICAGO – Carl Icahn is broadening a push to get McDonald’s Corp to improve suppliers’ treatment of pigs raised for bacon and …
Global supply pressures eased in February, New York Fed says
By Howard Schneider WASHINGTON – Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure …
Russian oil disruptions escalate, global prices rise
By Dmitry Zhdannikov and Julia Payne LONDON – Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and …
Global banks eschew risk as they navigate Russia sanctions quagmire
By Michelle Price and Sumeet Chatterjee WASHINGTON/HONG KONG – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view …
Analysis-Who pays? UN climate report reignites global fight for compensation
By Kate Abnett BRUSSELS – With this week’s U.N. climate science report laying bare the staggering economic costs and losses already faced from climate change, …
Global food supply at risk from Russian invasion of Ukraine, Yara says
By Victoria Klesty OSLO – Russia’s invasion of Ukraine threatens global food supplies, Norwegian fertiliser maker Yara International said on Tuesday, adding that the international …
Discovery says Licht to succeed Zucker as chief of CNN Global
– Discovery Inc said on Monday it has selected veteran television producer Chris Licht as chairman and chief executive of CNN Global when Discovery completes …
Venture Global to ship first fuel from new Louisiana LNG plant
By Marcy de Luna HOUSTON – A liquefied natural gas tanker that has been docked at Venture Global’s Calcasieu Pass export terminal in Louisiana since …
Decoupling Russia: the global economy’s new unknown
By Mark John – Western economic sanctions to punish Russia for its invasion of Ukraine heap a new set of unknowables on a global economy …
S&P Global warns of rating downgrades after Russia’s Ukraine invasion
LONDON – Russia’s invasion of Ukraine could cause a spate of credit rating downgrades S&P Global said on Friday, warning the global economy, and Europe …
U.S. corporate debt drops amid global markets selloff
NEW YORK – The prices of a major junk bond ETF fell on Thursday as investors pulled out of riskier assets amid a widespread selloff …
75% of people want single-use plastics banned, global survey finds
By John Geddie LONDON – Three in four people worldwide want single-use plastics to be banned as soon as possible, according to a poll released …
How a Russia-Ukraine conflict might hit global markets
By Karin Strohecker LONDON – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
G20 says global corporate tax deal should go live next year
By Leigh Thomas PARIS -G20 finance ministers recommitted on Friday to implementing a global overhaul of cross-border corporate tax rules next year in the face …
Long COVID a global issue for patients and healthcare systems, UK review finds
– British researchers led by Oxford University said on Friday that the current understanding of long COVID and options to treat it is emerging as …
Factbox-A global treaty to curb plastic pollution
– More than 100 United Nations member states will convene this month to draw up a blueprint for the first-ever global agreement to tackle plastic …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
Marriott, AirBnB, others see global travel rebounding in 2022
By Danielle Kaye NEW YORK – Marriott and Hilton, two of the biggest U.S. hotel chains, told investors they expect people to resume packing their …
Global companies slow debt-raising as yields climb
By Patturaja Murugaboopathy – Global non-financial companies have issued the lowest debt volumes in three years in the first six weeks of 2022, deterred by …
TSX tracks global rally, shaking off pullback in oil prices
By Fergal Smith TORONTO – Canada’s main stock index rose on Tuesday, helped by a rally in global equity markets after Russia indicated it was …
BBC Studios picks U.S. exec Glashow to head global distribution
LONDON – BBC Studios, the commercial arm of Britain’s BBC, has chosen Rebecca Glashow, currently president of BBC Studios Americas, to head its global distribution …
Demand shock behind global bottlenecks should ease in months-WTO
BRUSSELS – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, …
Olympics-Teen skater’s doping test draws global wrath against Russia
By Julien Pretot, Karolos Grohmann and Iain Axon BEIJING – Russian skating prodigy Kamila Valieva’s failed drug test prior to her dazzling Winter Games team …
Global equity funds see biggest inflow in six weeks
– Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from U.S. and European companies, …
Credit Suisse downgrades global equities on key macro concerns
– Credit Suisse on Friday downgraded global equities to “benchmark” rating from “overweight”, citing the need for the U.S. Federal Reserve to raise interest rates …
CBP to Hold Global Entry Enrollment Event at Bozeman-Yellowstone International Airport
SWEETGRASS, Mont. — U.S. Customs and Border Protection (CBP), Office of Field Operations would like to announce dates for an upcoming Global Entry enrollment event …
CBP to Hold Global Entry Enrollment Event at Missoula International Airport
SWEETGRASS, Mont. — U.S. Customs and Border Protection (CBP), Office of Field Operations would like to announce dates for an upcoming Global Entry enrollment event …
Dashboard of emerging market vulnerabilities to rising global rates
By Patturaja Murugaboopathy and Gaurav Dogra – Poorer ’emerging market’ countries are facing the headwind of rising global interest rates this year, which in the …
Global equity funds see biggest inflow in three weeks
– Global equity funds lured big inflows in the seven days to Feb. 2 on optimism over strong earnings from U.S. technology companies and on …
Nippon Steel to seek more merger chances to boost global output
TOKYO – Japan’s top steelmaker Nippon Steel Corp is seeking more merger and acquisition (M&A) opportunities to boost its global output capacity to 100 million …
Global container flows struggle to pick up speed, data shows
By Jonathan Saul LONDON – Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused …
Global carbon markets value surged to record $851 billion last year-Refinitiv
By Nina Chestney LONDON – The value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record 760 billion euros …
Merck’s COVID pill is last choice for U.S. patients, global use varies
By Deena Beasley – Merck & Co’s new antiviral pill, once touted as a potential game changer for treating COVID-19, is the last choice among …
Scientists Actually Forced To Say Blotting Out The Sun To Stop Global Warming Is A Bad Idea
Dozens of policy experts and scientists issued an open letter Monday urging governments and the United Nations to restrict solar geoengineering. The letter called upon …
World’s Largest Plastic Producers Ask UN For Global Treaty To Curb Plastic Pollution
A coalition of the world’s largest producers and users of plastic led by Coca Cola and PepsiCo urged the United Nations to create a legally …
Luxury Car Sales Surge Amid Global Supply Chain Disruptions And Surging Inflation
Luxury car sales surged in 2021 while mainstream car companies struggled amid global supply chain disruptions and soaring inflation, The Wall Street Journal reported. Luxury …
‘No Interest In Fossil Gas’: Green Group Takes Over Global Fracking Company
A prominent U.K. green energy group took over a firm dedicated to fracking for natural gas, vowing to halt all fossil fuel production and cancel …
Justice Department announces global resolution of criminal and civil investigations with housing contractor for defrauding U.S. military
SAVANNAH: Balfour Beatty Communities LLC (BBC), one of the nation’s largest providers of privatized military housing to the U.S. Armed Forces, pled guilty to defrauding …