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  • Financial News

    Evraz bond payment blocked, sees link to Abramovich sanction

    by Reuters March 21, 2022
    by Reuters March 21, 2022

    LONDON – Evraz, the Russian steelmaker whose biggest shareholder is Roman Abramovich, said on Monday a bond coupon payment of nearly $19 million had not been received by its principal …

  • Financial News

    U.S. Treasury official sees modest uptick in crypto illicit finance, but transactions small

    by Reuters March 18, 2022
    by Reuters March 18, 2022

    By Andrea Shalal and Hannah Lang WASHINGTON – U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the …

  • Financial News

    Hong Kong’s first SPAC listing sees Aquila shares slip

    by Reuters March 18, 2022
    by Reuters March 18, 2022

    By Donny Kwok and Scott Murdoch HONG KONG – Aquila Acquisition Corp shares slipped on Friday in the first special purpose acquisition company (SPAC) listing in Hong Kong as the …

  • Financial News

    Swatch Group sees no big business impact from Russia crisis

    by Reuters March 17, 2022
    by Reuters March 17, 2022

    By Silke Koltrowitz ZURICH – Swiss watchmaker Swatch Group does not expect a material negative impact on its sales or regarding access to raw materials following Russia’s invasion of Ukraine, …

  • Financial News

    BOJ’s Kuroda sees inflation remaining short of 2% target

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Leika Kihara TOKYO -Japan is unlikely to see inflation hitting a central bank target of 2%, even accounting for rising energy costs, Bank of Japan Governor Haruhiko Kuroda said …

  • Financial News

    Philippines sees Ukraine conflict having ‘temporary’ impact on economy

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    MANILA – The impact of the Russia-Ukraine conflict on the Philippine economy is expected to be temporary, Economic Planning Secretary Karl Chua told a media briefing on Tuesday. “We have …

  • Financial News

    Atlantia sees 27% rise in profit to 2024 as it opens new chapter

    by Reuters March 11, 2022
    by Reuters March 11, 2022

    By Francesca Landini and Valentina Za MILAN – Italy’s Atlantia expects its core profit to rise by 27% by 2024, it said on Friday, as traffic on motorways and in …

  • Financial News

    Italy’s Leonardo sees Ukraine crisis accelerating EU defence project

    by Reuters March 11, 2022
    by Reuters March 11, 2022

    By Francesca Landini MILAN – Italian aerospace and defence group Leonardo believes Russia’s invasion of Ukraine will accelerate plans to create European common defence capabilities and expects to see higher …

  • Financial News

    Leonardo sees EU defence spending boosting cash flow, pays dividend

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    MILAN – Italian aerospace and defence group Leonardo expects free cash flow to more than double this year compared with 2021 as governments around the world step up military spending …

  • Financial News

    ARK’S Wood sees Europe in recession, high oil prices to drive EV sales

    by Reuters March 8, 2022
    by Reuters March 8, 2022

    By David Randall NEW YORK – Europe’s economy is likely already in a recession as a result of the Russian invasion of Ukraine and the U.S. economy may not be …

  • Financial News

    UBS has limited Russia exposure, but sees risks of unexpected increases

    by Reuters March 7, 2022
    by Reuters March 7, 2022

    ZURICH – UBS’s direct exposure to Russia made up $634 million of the Swiss bank’s total emerging market exposure of $20.9 billion at the end of 2021, the bank said …

  • Financial News

    Dassault Aviation sees lower sales in 2022 after military earnings boost

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    -France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it reported a steep rise in annual earnings fuelled by higher deliveries …

  • Financial News

    Citigroup hikes U.S. equities to ‘overweight’, sees demand for growth stocks

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    – Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp drop in bond yields following …

  • US and World News

    U.S. sees “no reason to change” nuclear alert levels at this time -White House

    by Reuters February 28, 2022
    by Reuters February 28, 2022

    WASHINGTON – The United States sees “no reason to change” its nuclear alert levels at this time, the White House said on Monday after Russian President Vladimir Putin put Russia’s …

  • Financial News

    Goldman sees commodities rally on Russia-Ukraine crisis, sanctions

    by Reuters February 27, 2022
    by Reuters February 27, 2022

    – Goldman Sachs expects a rise in the prices of commodities that Russia is a major producer of and lifted its short-term Brent crude forecast as the West stepped up …

  • Financial News

    Greece sees no disruption in gas flows, suppliers line up cargoes -minister

    by Reuters February 25, 2022
    by Reuters February 25, 2022

    ATHENS – Gas flows to Greece are smooth and Greek gas suppliers have lined up additional gas cargoes if needed, Energy Minister Kostas Skrekas said on Friday, a day after …

  • Financial News

    Goldman Sachs sees risks to European stocks from Ukraine crisis

    by Reuters February 25, 2022
    by Reuters February 25, 2022

    – Goldman Sachs on Friday cut its target for Europe’s major stock index, saying equities in the region are likely to face risks for some time as the Russia-Ukraine crisis …

  • Financial News

    France’s Bouygues sees 2022 growth after return to pre-pandemic profit

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    – Bouygues should grow its sales and core profit further in 2022, the French conglomerate said on Thursday, as it posted annual earnings that surpassed expectations to land ahead of …

  • Financial News

    Adecco sees solid growth in 2022 after 2% revenue rise in Q4 2021

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    ZURICH – Adecco expects “solid revenue growth” at the start of 2022, the temporary staffing and training company said on Thursday, after reporting a 2% increase in revenues during its …

  • Financial News

    HeidelbergCement sees higher sales, profits in 2022

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    HeidelbergCement HEIG.DE, the world’s second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and continuing demand for new homes. …

  • Financial News

    Brazil’s TIM sees double-digit EBITDA growth for 2022-2024 period

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    SAO PAULO – Brazilian telecom TIM SA announced on Wednesday its strategic long-term objectives for 2022-2024, saying it expects a yearly double-digit growth in its earnings before interest, tax, depreciation …

  • Financial News

    Biden team sees progress shifting economic gains to the poor

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    WASHINGTON – Poorer Americans are seeing the benefit from strong U.S. economic growth, the Biden administration said on Wednesday, citing research suggesting that COVID stimulus and other measures may have …

  • Financial News

    BoE’s Tenreyro sees case for small increase in rates

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By David Milliken LONDON – Bank of England policymaker Silvana Tenreyro said on Wednesday that she – like other BoE policymakers – saw a case for higher interest rates to …

  • Financial News

    Column-Ukraine jolt sees more consensus trades hits the skids :Mike Dolan

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By Mike Dolan LONDON – The new year is proving unkind to the global investor consensus yet again and low visibility now becomes a major problem. As simmering Russia-Ukraine tensions …

  • Financial News

    Brazil sees private infrastructure capex nearly doubling in 2022

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    BRASILIA – Brazil’s government sees private investments of 78 billion reais ($15 billion) in infrastructure this year, up 95% from 2021, the economy ministry forecast, supporting its expectations that economic …

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