LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global markets from the deepening crisis…
MOSCOW – The Russian central bank still expects inflation to return to its 4% target in mid-2023, news agencies cited Deputy Governor Alexei Zabotkin as saying on Tuesday, as the…
By Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday,…
– Australian payments firm Zip Co on Monday forecast a bigger half-year loss than analysts’ expectation, citing lower consumer spending in the United States as fiscal stimulus money dries up.…
– Federal Reserve Board Governor Lael Brainard on Friday laid out a case for the role a U.S. central bank digital currency could play in bolstering financial stability as the…
By Gilles Guillaume PARIS – Carmaker Peugeot, a sponsor of Novak Djokovic, is glad the tennis star has told his story about his expulsion from Australia and expects its logo…
FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from supply snags that may extend…
-Canada’s Shopify Inc on Wednesday forecast a slowing pace of revenue growth in the first half of the year, and said it was ramping up spending on a network of…
By Andrea Shalal WASHINGTON – Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a “significant risk,” but rising…
By Carolina Mandl SAO PAULO – Brazilian state-controlled lender Banco do Brasil SA said in a filing on Monday that its 2022 net income is likely to rise by up…
– Industrial giant 3M Co on Monday forecast a slower pace of sales growth in 2022 and a 45 cent hit to its per-share earnings, as demand for its masks…
By Andrea Shalal WASHINGTON – U.S. President Joe Biden on Thursday said mask requirements for children would likely to start to fall away given federal plans to begin vaccinating children…
By Steve Holland CULPEPER, Va. – U.S. President Joe Biden on Thursday said he expected inflation to start to ease this year as supply chain logjams clear up, while saying…
By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected fourth-quarter earnings on Thursday. The…
By Sergio Goncalves LISBON – Portugal’s government can return to a balanced budget between 2022 and 2023, if it wants, taking advantage of a robust economic recovery from the COVID-19…
KYIV – Ukraine believes there is still a chance of resolving the West’s standoff with Russia kuleba through diplomacy but that there are already grounds to impose sanctions on Moscow,…
By Padraic Halpin DUBLIN -Smurfit Kappa expects to increase prices further this year to recover high costs after bumper demand and a 19% jump in prices charged for packaging products…
BEIJING – WuXi Biologics said in a statement on Tuesday on WeChat that two of its subsidiaries being put on the U.S. Commerce Department’s “unverified list” will have no impact…
MEXICO CITY – Mexican Economy Minister Tatiana Clouthier said on Monday the country’s economy was likely to grow about 2.5% this year after being hit by the Omicron wave of…
By Alexandra Valencia QUITO – Ecuador expects to pull together a trade deal with China at the end of this year and will begin formal debt re-negotiations with the Asian…
-France’s Vinci expects net income this year to exceed its pre-pandemic level in 2019, helped by a recovery in its airports arm that should bring those earnings close to breakeven.…
By David Shepardson WASHINGTON -The Federal Aviation Administration (FAA) is confident that aviation safety concerns about 5G C-Band deployment will be addressed “safely with minimal disruptions,” the head of the…
By Ann Saphir and Howard Schneider -St. Louis Federal Reserve President James Bullard on Tuesday said he favors starting the turn to tighter U.S. monetary policy with successive rate increases…
BALTIMORE, MD – The rate of shootings and murders is increasing in the city of Baltimore and 2022 is off to a worse start for the city than the record-breaking…
WASHINGTON – U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury’s top economist said on…