Hillary Clinton says she’d back Trump for Nobel Peace Prize if he ends Ukraine war
WASHINGTON, DC – In a rare show of political crossfire unity, former U.S. Secretary of State Hillary Clinton said she would nominate Donald Trump for the Nobel Peace Prize if he could…
German chemical industry suspends pay talks due to war in Ukraine
FRANKFURT – Germany’s chemical and pharmaceutical industry on Tuesday agreed a lump sum payment for workers and put further collective wage bargaining on hold, citing uncertainty stemming from Russia’s attack on Ukraine.…
Global nickel smelting up in March despite Ukraine, satellite data shows
LONDON – Global nickel smelting activity climbed in March, including in major producer Russia despite the Ukraine conflict, data from satellite surveillance of nickel plants showed. Production in Russia has continued unhindered,…
Thai business group trims 2022 growth outlook over Ukraine war
BANGKOK – Thailand’s leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5%-4.0% from a previous forecast of 2.5%-4.5% due to the impact of the Russia-Ukraine…
Explainer-How could Russia’s Putin be prosecuted for war crimes in Ukraine?
By Jacqueline Thomsen and Mike Scarcella (Reuters) – U.S. President Joe Biden on Monday called for the prosecution of Russian President Vladimir Putin for war crimes over the discovery in Bucha, Ukraine,…
Russia trades accusations with Ukraine on drifting Black Sea mines
(This March 31 story was refiled to remove picture) LONDON – Russia accused Ukraine on Thursday of laying hundreds of mines near its coast and said some were drifting into open waters…
U.S. to provide additional $300 million in security assistance to Ukraine
(Reuters) – The U.S. Department of Defense will provide an additional $300 million in security assistance to Ukraine, to include laser-guided rocket systems, drones, and commercial satellite imagery services. “This announcement represents…
IMF sees Greek economy growing at slower pace due to Ukraine
By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International Monetary Fund said on Friday, lowering a…
Ukraine asks EU, British, Japanese and U.S. central banks to ban rouble transactions
(Reuters) – The governor of Ukraine’s central bank urged the central banks of the European Union, the United States, Japan and Britain to ban transactions in the Russian or Belarusian rouble over…
IMF says U.S. ‘soft landing’ amid Ukraine war pressures entails downside risks
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task for the Federal Reserve and will entail…
Spain consumer goods sales rise on worries over supply amid Ukraine war
MADRID – Sales of consumer goods rose 13% in Spain in the wake of Russia’s invasion of Ukraine as supply concerns, exacerbated by a partial transport strike, prompted shoppers to stock up…
Syngenta expects Ukraine harvest to fall by a third
ZURICH – Swiss agrochemicals group Syngenta expects crops output in Ukraine to slump substantially this year, it said on Thursday, as it announced fourth-quarter results. “We hope to be able to save…
OPEC+ says prolonged Ukraine conflict would be major blow to global economy
LONDON – OPEC+ has warned the global economy would see a major blow from a prolonged conflict in Ukraine, the oil producing group said in an internal report, seen by Reuters. “Consumer…
Global M&A hits the skids as Ukraine war saps confidence
By Anirban Sen and Pamela Barbaglia (Reuters) – The value of global merger and acquisition (M&A) activity took a 29% hit in the first quarter of 2022 as market volatility fueled by…
Analysis-Cyber insurers face hefty Ukraine war-related claims, despite fine print
By Carolyn Cohn and Noor Zainab Hussain LONDON – Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off…
Japan Q2 growth to be slower than first expected on price rises, Ukraine war – Reuters poll
By Daniel Leussink TOKYO – Japan’s economy will grow at a slower pace than previously thought next quarter in part due to Russia’s invasion of Ukraine and its inflationary effect on global…
U.S. looking at options for more sanctions on Russia over Ukraine -White House
WASHINGTON – The United States is looking at options to expand sanctions to impose on Russia over its invasion of Ukraine and will have more to say about it in the coming…
Majority of Americans back sending more troops to NATO in Ukraine crisis: Reuters/Ipsos poll
By Jason Lange WASHINGTON – A bipartisan 55% of Americans support sending more U.S. troops to Washington’s NATO allies in central and eastern Europe in response to Russia’s five-week old invasion of…
Explainer-Peace talks on Ukraine: Russia’s red lines unchanged
By Guy Faulconbridge LONDON – Russia and Ukraine are talking about a peace deal while their soldiers kill each other, but there has been no breakthrough and they remain far apart on…
Barkin: Ukraine may add to inflation, but so far has not hit broader demand
(Reuters) – The war in Ukraine has added to inflationary pressure in the U.S. but so far does not appear to have influenced demand for goods and services, Richmond Fed president Thomas…
Russian gold miners dig for ways to overcome Ukraine impact
By Yadarisa Shabong (Reuters) -Russian gold miners Polymetal and Petropavlovsk warned on Wednesday of increasing hurdles in doing business, including higher operating costs and continued challenges repaying loans to sanctioned banks. Petropavlovsk…
Truckmaker MAN to shorten hours of up to 11,000 workers on Ukraine crisis
BERLIN – German commercial vehicle maker Traton’s MAN unit will shorten the hours of as many as 11,000 workers in Germany as the war in Ukraine causes what it said were “massive”…
Ukraine war’s impact on EU banks ‘manageable’, says watchdog
By Huw Jones LONDON – The impact of the Ukraine war on banks in the European Union is ‘manageable’ but the effects of commodity markets on lenders needs to be watched, the…
Euro zone sentiment plunges in March as Ukraine war scares consumers
BRUSSELS – Euro zone economic sentiment fell sharply in March, data showed on Wednesday, as Russia’s invasion of Ukraine sent consumer confidence plummeting and their inflation expectations to record highs. The European…
U.S. sends senior national security official to India to discuss Ukraine
By Nandita Bose WASHINGTON – President Joe Biden’s deputy national security adviser for economics, Daleep Singh, will travel to New Delhi and meet government officials to discuss Russia’s war against Ukraine and…
Ukraine war could impact timing of Porsche AG listing, Porsche SE says
BERLIN – The timing of a possible listing of Porsche AG, currently foreseen for the fourth quarter of the year, could be pushed back by the conflict in Ukraine if it drags…
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