Explainer-U.S. Treasury Pushes Russia Towards Default: What Next?
By Karin Strohecker and Sujata Rao LONDON (Reuters) – The lapse of a key U.S. license allowing Russia to make…
2022
Peak Interest Rates May Be Lower Than Expected As Growth Slowdown Looms
By Sujata Rao and Saikat Chatterjee LONDON (Reuters) – Worsening economic data may force central banks to blink and take…
Oil On Track For Weekly Rise On Global Supply Concerns
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices edged higher on Friday and were on track for weekly gains, supported by…
Russian Cenbank Allows Share Purchases In Companies From ‘friendly’ Countries
(Reuters) – Russia’s central bank on Friday authorised Russian residents to buy shares in companies from “friendly” countries, provided the…
Futures Extend Gains After Economic Data
(Reuters) – U.S. stock index futures extended gains on Friday after data showed annual inflation appeared to have peaked, while…
Key inflation gauge slowed to still-high 6.3% over past year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown…
‘Fun And Tasty’ Among Possible Names For McDonald’s Russian Successor
(Reuters) – McDonald’s in Russia has registered possible brand names for the firm taking over its fast-food restaurants there, including…
US: Turkey’s NATO issues with Sweden, Finland will be fixed
WASHINGTON (AP) — U.S. Secretary of State Antony Blinken said Friday he’s confident Turkey’s objections to Finland and Sweden joining…
G-7 pledges put coal on notice, could boost climate aid
BERLIN (AP) — Officials from the Group of Seven wealthy nations announced Friday that they will aim to largely end…
U.S., World Stocks Toast Earnings, U.S. Rate Outlook
By Carolyn Cohn LONDON (Reuters) – U.S. stocks were indicating a higher open on Wall Street and world stocks eyed…