Euro Set For Biggest Weekly Drop In 7 Years As War In Ukraine Intensifies
LONDON (Reuters) – The euro extended its falls across the board on Friday and was poised for its biggest weekly…
March 2022
Financial Screws Turned On Russia As Insurers Exit, London Stocks Halted
By Carolyn Cohn and Lawrence White LONDON (Reuters) – Russia’s global financial isolation intensified on Friday as the London Stock…
Russian Lender TCS Posts Record Profit, Focused On Challenges
MOSCOW (Reuters) – Russian lender TCS Group Holding on Friday reported its 2021 net profit surged 43% in rouble terms…
Moscow Exchange Won’t Charge 12% Commission On FX Buying By Importers
MOSCOW (Reuters) – Russia’s largest bourse, Moscow Exchange, said on Friday Russian companies with direct access to trading will need…
Biden To Boost Made-in-America Goods As Siemens Adds Factory Jobs
WASHINGTON (Reuters) – U.S. President Joe Biden on Friday will announce requirements for the government to buy more made-in-America goods…
Stocks Deepen Week’s Losses As Ukraine Invasion Escalates
By Huw Jones LONDON (Reuters) – Stocks extended their losses for the week on Friday as investors piled into government…
Japan’s Honda, Sony joining forces on new electric vehicle
TOKYO (AP) — Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together….
Dassault Aviation Sees Lower Sales In 2022 After Military Earnings Boost
(Reuters) -France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it…
Dutch Bank ING Says $770 Million In Loans Affected By Russian Sanctions
AMSTERDAM (Reuters) – Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that…
Stuck But Not Sweating It: Some U.S. Investors In Russia Not Kneejerk-selling
By Davide Barbuscia NEW YORK (Reuters) – U.S. investors may be in a rush to dump Russian assets after Western…