– President Joe Biden has not made an offer to a U.S. Supreme Court nominee, but remains “on track” to announce his choice to replace Justice Stephen Breyer by the …
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- US and World News
Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks
by Reutersby ReutersBy Luc Cohen NEW YORK – Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia’s 1MDB sovereign wealth fund, …
- Financial News
Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks
by Reutersby ReutersBy Luc Cohen NEW YORK – Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia’s 1MDB sovereign wealth fund, …
- Financial News
RBNZ Governor says countering inflation early will prevent need for higher rates
by Reutersby ReutersBy Praveen Menon WELLINGTON – Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said on Friday that countering inflation pressures early prevent the need for even higher rates in …
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WASHINGTON – U.S. President Joe Biden said on Thursday that Russia’s second largest lender VTB is among the Russian banks that will be sanctioned as a result of the conflict …
- Financial News
Fed’s Barkin says sustained high oil prices could ‘dampen’ consumption, growth
by Reutersby ReutersCOLONIAL HEIGHTS, Va. – If the conflict in Ukraine leads to sustained high oil prices it could hit U.S. consumer spending and pose a possible risk to U.S. economic growth, …
- Financial News
BlackRock says it is monitoring regulatory guidelines as Russia invades Ukraine
by Reutersby Reuters– BlackRock Inc said on Thursday it is “monitoring the guidelines issued by regulators” after Russia invaded Ukraine. Asked about the potential impact on its investments and policies, a spokesman …
- Featured NewsUS and World News
Mike Huckabee says Ukraine invasion is a real communism wakeup call for America
Socialism and communism aren’t about fighting your local college administrators about gender equality or petitioning town hall to block the construction of a new Chik-Fil-A restaurant in your town. Former …
- Financial News
Fed’s Mester says situation in Ukraine will be considered for monetary policy
by Reutersby ReutersBy Jonnelle Marte – The conflict unfolding in Ukraine could have an effect on the U.S. economy in the medium term and should be factored in as Federal Reserve policymakers …
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– The Federal Reserve is closely watching the situation in Ukraine for any economic or financial impacts on the United States, Atlanta Federal Reserve bank President Raphael Bostic said on …
- Financial News
Polish PGNiG says gas deliveries from east remain uninterrupted
by Reutersby ReutersWARSAW – Deliveries of natural gas that Poland receives via its eastern border remain uninterrupted, Polish dominant gas company PGNiG said on Thursday after Russia’s invasion of Ukraine. Under a …
- Financial News
Argentina says IMF deal ‘imminent’; could go to Congress within days
by Reutersby ReutersBy Agustin Geist and Walter Bianchi BUENOS AIRES – Argentina is poised to “imminently” send an agreement with the International Monetary Fund (IMF) to the country’s Congress for approval, government …
- Financial News
Russian cenbank says will hold “fine-tuning” repo auction on Friday
by Reutersby ReutersMOSCOW – The Russian central bank on Thursday said it would hold a “fine-tuning” repo auction on Feb. 25 with a limit of 2 trillion roubles ($23.03 billion), as it …
- Featured NewsUS and World News
Ukraine separatists seek Russian help as U.S. says attack is ready
by Reutersby ReutersBy Pavel Polityuk and Polina Nikolskaya KYIV/DONETSK – Separatists in Ukraine asked Moscow to help repel “aggression” on Wednesday and explosions rocked the breakaway eastern city of Donetsk as the …
- Financial News
Russia’s VTB asks corporate clients to stay away from forex transactions, Ifax says
by Reutersby ReutersMOSCOW – Russian state bank VTB, the country’s second biggest bank, Russia’s no.2 bank, asked its corporate clients to refrain from transactions in U.S. dollars and euros to ‘minimize risks …
- Financial News
Kremlin says Russia has enough tools to survive ’emotional’ market reaction
by Reutersby ReutersMOSCOW – 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 …
- Financial News
JPMorgan says may review Ukraine’s inclusion into key local bond index
by Reutersby ReutersLONDON – JPMorgan has said it may have to review plans to start including Ukraine government bonds in it influential GBI-Emerging Markets index at the end of the next month …
- Financial News
Kremlin calls large business for a meeting on Thursday, TASS says
by Reutersby ReutersMOSCOW – Executives representing Russia’s largest companies, including from the IT sector, were invited to take part in a meeting in the Kremlin on Thursday, TASS news agency reported, citing …
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VIENNA – Austria’s Raiffeisen Bank International said its banks in Russia and Ukraine are well-capitalised and self-financing, and that provisions were already made last year as part of its risk …
- Financial News
Bank of England will fight inflation in a “measured way”, Pill says
by Reutersby ReutersLONDON – Bank of England Chief Economist Huw Pill said the British central bank will seek to bring fast-rising inflation down in a “measured way” and one “that doesn’t disturb …
- US and World News
Decisions need to be taken by the West to reach nuclear deal, Iran negotiator says
by Reutersby ReutersDUBAI – Western partners in nuclear talks with Iran in Vienna have to make decisions on crucial issues to help reach an agreement, Iranian officials said on Thursday on Twitter. …
- Financial News
Ukraine’s energy infrastructure has not been damaged, Naftogas says
by Reutersby ReutersMOSCOW – Ukrainian energy firm Naftogas said on Thursday that the country’s energy infrastructure has not been the subject of systemic shelling and the “situation is under control” following Russia’s …
- Financial News
Swedish Debt Office says bigger surplus reduces borrowing needs
by Reutersby ReutersSTOCKHOLM – Sweden’s Debt Office said on Thursday that strong growth would lead to better government finances and lower the borrowing requirement meaning it would cut the supply of government …
- Financial News
Nestle says operations running normally in Ukraine, continuity plans in place
by Reutersby ReutersZURICH – Food group Nestle said operations in Ukraine were running normally after Russian forces fired missiles at several cities in Ukraine, but the company was monitoring the situation closely. …
- Featured NewsUS and World News
Elon Musk Slams Biden For Ignoring Tesla, Says He Would Behave At White House
Elon Musk Slams Biden For Ignoring Tesla, Says He Would Behave At White House Thomas Catenacci on February 23, 2022 Tesla CEO Elon Musk lashed out against President Joe Biden …