Russia Cuts Mandatory FX Conversion Level For Exporters To 50%
(Reuters) – Russia is cutting the proportion of foreign currency revenues that exporters must convert into roubles to 50% from…
May 23, 2022
BlackRock Moves To Sidelines On Developed Market Equities
By Stephen Culp NEW YORK (Reuters) – BlackRock Investment Institute cut its ratings of developed market (DM) equities to “neutral”…
Economic Outlook Has ‘darkened’, Business And Government Leaders Warn In Davos
By Balazs Koranyi and Dan Burns DAVOS, Switzerland (Reuters) -Multiple threats to the global economy topped the worries of the…
For Americans, 2021 delivered healthiest finances in 8 years
WASHINGTON (AP) — Americans’ financial health reached its highest level in nearly a decade last year, the Federal Reserve said…
Tunisian Union Calls National Strike, Rejects President’s Dialogue
By Tarek Amara TUNIS (Reuters) – Tunisia’s powerful labour union said on Monday it would hold a national strike over…
Starbucks leaving Russian market, shutting 130 stores
Starbucks is pulling out of the Russian market. In a memo to employees Monday, the Seattle coffee giant said it…
World Food Program chief presses billionaires ‘to step up’
DAVOS, Switzerland (AP) — The head of the U.N.’s World Food Program is telling billionaires it’s “time to step up”…
U.S. SEC Charges BNY Mellon Investment Adviser For Misstatements Over ESG Policies
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday said BNY Mellon Investment Adviser had paid $1.5…
Exclusive-Toshiba To Propose Elliott, Farallon Executives Join Its Board, Sources Says
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on…
Exclusive-Toshiba To Nominate Elliott, Farallon Executives To Its Board, Sources Says
TOKYO (Reuters) – Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board,…