By Carolyn Cohn and Simon Jessop LONDON -Asset managers including France’s Amundi and BNP Paribas, Britain’s HSBC and Switzerland’s Pictet have frozen Russia-focused equity funds totalling over $3 billion in …
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PHILADELPHIA, PA – The Department of Justice has announced global credit card fraudsters Malan Doumbia, 38, and Souleymane Diarra, 36, both of Philadelphia, PA, were convicted after trial of nine …
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LONDON – Havoc erupted on Russian financial markets on Monday after Western powers ramped up sanctions on the country, including cutting some of its banks off from the SWIFT international …
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MOSCOW – Russia’s central bank on Sunday said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to try and ensure financial stability …
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– U.S. investors purchased money market funds and withdrew cash from higher risk equity funds in the week to Feb. 23, as a rush for safety dominated markets in the …
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– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 as risk aversion dominated markets …
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LONDON – Investors pulled money from bonds and pumped money into cash and stocks in the week to Wednesday as equity positioning showed “zero signs of capitulation despite flows and …
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– British real-estate portal Rightmove said on Friday it expects transaction levels to return to pre-pandemic levels this year, dispelling concerns about a slowdown driven by rising inflation and a …
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Brazil central bank prepared to act in FX market in case of disproportionate contamination
by ReutersBy Marcela Ayres BRASILIA – Brazil’s central bank said it is prepared to act in the exchange market in case of disproportionate contamination on prices, highlighting it is paying close …
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– The Nasdaq Composite index slid on Thursday, dropping 20% from its record closing high in November last year and on track to confirm a bear market, after Russia launched …
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MOSCOW – Kremlin spokesperson Dmitry Peskov on Thursday said Russia has created enough safety tools to survive market volatility and said that the “emotional” financial market reaction to Russia’s invasion …
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KYIV – Ukraine’s state stock market regulator on Thursday said it had decided to stop the circulation of all securities in the country, except for operations necessary for the central …
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By Supantha Mukherjee and Elvira Pollina STOCKHOLM/MILAN – Talk of consolidation among European mobile carriers has grown louder with several executives voicing support as cut-throat price wars drive up debt …
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BEIJING -China’s housing minister pledged on Thursday to keep the real estate market stable this year and ensure genuine demand for homes is met, after a series of regulations aimed …
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By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful supply is likely to ensure …
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SYDNEY – Australia’s central bank is shaking up the way it provides liquidity to the banking system as it ceases quantitative easing and prepares for the day when it will …
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By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF – A steep drop in hydrogen shares is likely to hit the valuation of Thyssenkrupp’s hydrogen unit Nucera, according to investor and financial …
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By Marwa Rashad and Ron Bousso LONDON -The global liquefied natural gas (LNG) market is expected to remain tight this year following last year’s volatility which saw demand rise 6% …
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ALBANY, Ga. – The final defendant involved in a high-volume drug trafficking operation was sentenced to federal prison for his crime. Eddie Houston, 43, of McDonough, Georgia, was sentenced as …
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By Kate Abnett BRUSSELS – The European Union is considering making more information available on trading in its carbon market, according to a draft document, amid calls from some governments …
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– U.S. officials held discussions with Saudi Arabia about a “collaborative approach” to managing potential market pressures stemming from a possible Russian invasion of Ukraine, the White House said on …
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By Mathieu Rosemain PARIS – France’s Atos aims to double its global market share in supercomputing to about 16% by around 2026, one of its executive said, stepping up European …
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FRANKFURT – The property market is a “key vulnerability” for euro zone banks as the rise of remote working since the pandemic dents demand for offices and households take on …
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BRASILIA – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da Silva in this year’s presidential …
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By Stephanie Kelly NEW YORK – Oil prices surged over 2% on Monday to their highest in more than seven years as Ukraine’s president declared a “day of unity” for …