By Mark John (Reuters) – Russia’s invasion of Ukraine and how the world reacts could have wide-ranging repercussions for the European economy, from rising energy and food prices to economic sanctions that hit trade and investment. That in turn will affect how quickly the economy gets back on its feet after two years of the…
By Jamie Freed and Tim Hepher (Reuters) -Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its neighbour, while Europe’s aviation regulator warned about hazards to flying in bordering regions. Moldova, southwest of Ukraine, also closed its airspace, while Belarus to the north said civilian…
COPENHAGEN (Reuters) – Carlsberg has shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery were cut, a company spokeswoman told Reuters. (Reporting by Jacob Gronholt-Pedersen; Editing by David Goodman)
WASHINGTON (AP) — Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and portends trouble for everyone from European consumers to indebted Chinese developers and families in Africa that face soaring food prices. Russia’s attack on Ukraine and retaliatory sanctions from the West may not portend another global…
By Bozorgmehr Sharafedin LONDON (Reuters) – Oil prices jumped on Thursday, with Brent rising above $100 a barrel for the first time since 2014, after Russia attacked Ukraine exacerbating concerns about disruptions to global energy supply. Russia launched an all-out invasion of Ukraine by land, air and sea, the biggest attack by one state against…
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…
