Nike, IKEA Close Russian Stores As Sanctions, Trade Restrictions Bite
By Anna Ringstrom, Gwladys Fouche and Eric M. Johnson (Reuters) – Sneaker maker Nike and home furnishings firm IKEA shut…
March 2022
Stocks Slide As Oil Surge Rattles Inflation Fears
By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Oil prices initially soared on Thursday as the Ukraine war…
Rivian Spares Preorders From Price Hike To Fix ‘painful’ Mistake
By Akash Sriram and Hyunjoo Jin (Reuters) – Rivian Automotive Inc has rolled back price hikes on electric vehicles booked…
Boeing To ‘strictly Adhere’ To Restrictions On Operating In Russia -CEO
By David Shepardson and Eric M. Johnson WASHINGTON/SEATTLE (Reuters) – Boeing Co will strictly adhere to the export controls and…
Bank Of Canada Says “considerable Space” Left To Hike, 50 Bps Move Possible
By Julie Gordon and David Ljunggren OTTAWA (Reuters) – The Bank of Canada has “considerable space” left to raise interest…
Credit Suisse Names Rawra Head Of Clean Tech Banking For Canada – Memo
(Reuters) – Credit Suisse has named Saad Rawra as its head of clean-energy technology banking and Canadian head of diversified…
How to help Ukrainians affected by Russian invasion
More than 1 million people have fled Ukraine, and at least 160,000 have been displaced inside the country as fighting…
Fed’s Powell: Russia’s war on Ukraine will worsen inflation
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Thursday that Russia’s invasion of Ukraine, which has already driven up…
Fed’s Powell: Ukraine War Impact Uncertain But Could Hit Spending, Investment
By Howard Schneider WASHINGTON (Reuters) – Russia’s war in Ukraine could hit the U.S. economy across a variety of channels…
Musk invites auto union to hold organizing vote at factory
DETROIT (AP) — Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Tesla’s factory…