(Reuters) -France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it reported a steep rise in annual earnings fuelled by higher deliveries of its warplanes. The maker of Rafale fighter jets saw its operating income more than double to 527 million euros ($580.33 million) from 261…
AMSTERDAM (Reuters) – Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) in outstanding loans were “affected” by “new sanctions on (Russian) specific entities and individuals” by Europe and the United States. In a statement composed of bullet points and pictures,…
By Davide Barbuscia NEW YORK (Reuters) – U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with a relatively small exposure to Russia are avoiding kneejerk decisions amid trading constraints and price dives. International sanctions have increasingly punished Moscow after the…
TOKYO (Reuters) – Japan’s next central bank governor should be someone who understands the need to work with the government in beating deflation, Prime Minister Fumio Kishida said on Friday. Markets are looking ahead to a change of leadership due next year at the Bank of Japan (BOJ), eyeing possible changes to its massive asset-buying…
NEWARK, N.J. (AP) — Outraged by the invasion of Ukraine, lawmakers in New Jersey’s largest city lashed out at one of the closest symbols of Russia they could find — a pair of Lukoil gas stations. The Newark City Council voted unanimously Wednesday to ask the city’s business administrator to suspend the service stations’ operating…
NEW YORK (AP) — Stocks around the world racked up more losses Friday, as even a gangbusters report on the U.S. jobs market can’t pull Wall Street’s focus off its worries about the war in Ukraine. The S&P 500 fell 0.8% and posted its third weekly loss in the last four. The Dow Jones Industrial…
By Anshuman Daga SINGAPORE (Reuters) – Asian equities and the euro weakened on Friday while oil prices jumped as investors took fright from reports of a nuclear power plant on fire amid fierce fighting between Ukraine and Russian troops. The risk-off appetite battered markets across the region, sending Wall Street futures also lower, suggesting more…
By Eduardo Baptista and Clare Jim BEIJING / HONG KONG (Reuters) – China’s so-called “common prosperity” push in the near-term will not only aim to bridge the widening wealth gap but is also set to shape the country’s regulatory approach, with sectors seen crucial for the economy getting more state support. As part of that…
(Reuters) – Home rental company Airbnb Inc is suspending all operations in Russia and Belarus, Chief Executive Officer Brian Chesky said in a tweet on Thursday. (Reporting by Bhargav Acharya in Bengaluru; Editing by Christopher Cushing)
By Anshuman Daga SINGAPORE (Reuters) – Asian equity markets and the euro suffered heavy losses on Friday while oil prices jumped as investors took fright from reports of a nuclear power plant on fire amid fierce fighting between Ukraine and Russian troops. The risk-off appetite battered markets across the region, sending U.S. stock futures also…
