A look at the day ahead in markets from Sujata Rao This is it. Putin has invaded Ukraine. Markets are displaying all the predictable reactions, selling stocks and buying safe-havens. Treasury yields are down 10 basis points, while the Swiss franc and Japanese yen are up as is the dollar index. Gold has surged 2%…
BEIJING (AP) — China called Thursday for talks to resolve the Ukraine crisis and avoided criticizing President Vladimir Putin’s attack while, in a step that could blunt the impact of Western sanctions, Beijing also approved imports of Russian wheat. Chinese ties with Russia have grown stronger under President Xi Jinping, who met Putin this month…
By Marc Jones LONDON (Reuters) – Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an invasion of Ukraine. Markets displayed all the predictable reactions. Europe’s , main stock markets opened 2.5%-4% lower…
BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg warned Thursday that the military alliance would defend every inch of its territory should Russia attack a member country, as he slammed Moscow for launching a brutal act of war on Ukraine. Russia launched a wide-ranging attack on its neighbor, hitting cities and bases with airstrikes or shelling….
(Reuters) -British recruitment agency Hays Plc’s raised its annual operating profit forecast on Thursday, after reporting a higher half-year profit buoyed by rising talent demand as companies rush to fill up vacancies. The British company, which hires staff in several specialist sectors including technology, accounting and finance and life science, expects the operating profit for…
BRUSSELS (AP) — World leaders expressed a raw outrage shrouded by an impotence to immediately come to the aid of Ukraine to avoid a major war in Europe, condemning Russia’s attack on its neighbor as the European Union and others promised unprecedented sanctions to hit the Kremlin. European Commission President Ursula von der Leyen called…
(Reuters) – Hays Plc’s half-year profit more than quadrupled, helped by a rebound in new hiring in Germany and the UK, with higher demand from technology and Life Sciences sectors, the British recruitment agency said on Thursday. The company added that its finance director Paul Venables has decided to retire on Sept. 30. The British…
LONDON (Reuters) – WPP, the world’s largest advertising group, launched a new $1.1 billion share buyback for 2022 after strong client demand helped it to surpass recently upgraded forecasts during an “outstanding” year. The owner of the Ogilvy, Grey and GroupM agencies said its main net sales metric – like-for-like revenue less pass-through costs –…
(Reuters) – 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 their pre-pandemic levels. The construction, telecoms and media group posted a current operating profit of 1.69 billion euros ($1.90 billion), just beating its 2019…
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – U.S. banks were well-prepared for the Western sanctions announced so far over Russia’s aggression towards Ukraine, but they are still nailing down details and worry that new measures could increase the cost and complexity of enforcing the new restrictions, lawyers and industry executives said. Russian President…
