By Wayne Cole SYDNEY (Reuters) – Most share markets firmed and oil slid on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting continued to rage, while bond markets braced for rate rises in the United States and UK this week. While Russian missiles hit a large Ukrainian base near the border…
By Guy Faulconbridge LONDON (Reuters) – A global food crisis looms unless the war in Ukraine is stopped because fertiliser prices are soaring so fast that many farmers can no longer afford soil nutrients, Russia’s coal and fertiliser king Andrei Melnichenko said on Monday. Several of Russia’s richest businessmen have publicly called for peace since…
By Tom Sims, John O’Donnell and Frank Siebelt FRANKFURT (Reuters) -Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which…
BEIJING (Reuters) – China’s environment ministry has slammed firms for falsifying carbon data, part of the country’s efforts to improve data quality as it prepares to expand its national emissions trading scheme into more industrial sectors. The findings published on Monday follow a campaign launched by the Ministry of Ecology and Environment (MEE) in October-December…
LONDON (Reuters) – The war in Ukraine is a tragedy that must be stopped or there will be a global food crisis as fertilizer prices are already too high for many farmers, Russia’s coal and fertiliser king Andrei Melnichenko said on Monday. “The events in Ukraine are truly tragic. We urgently need peace,” Melnichenko, 50,…
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Apple suppliers Foxconn and Unimicron Technology Corp said on Monday they have suspended operations in the Chinese city of Shenzhen, after the tech hub imposed strict measures to stem a COVID-19 outbreak. Shenzhen, known as China’s Silicon Valley, is carrying out mass testing after dozens of new…
BANGKOK (AP) — Asian shares were mostly lower and oil prices fell Tuesday after another day of losses on Wall Street as anxiety over the war in Ukraine and an upcoming Federal Reserve meeting on interest rates keep global financial markets on edge. Markets remain jumbled as investors try to gauge various economic impacts from…
By Jorge Iorio and Eliana Raszewski BUENOS AIRES (Reuters) – Argentina has halted registration of export sales of soy oil and meal, the South American country’s government said in a statement on Sunday, drawing swift condemnation from the industry in the world’s top exporter of processed soy products. The move stops sales and exports of…
(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Sunday the U.S. electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics. Musk in a tweet also asked about inflation rate outlook and said his companies “are not alone”, retweeting an article saying the Ukraine-Russia conflict sent…
By Wayne Cole SYDNEY (Reuters) – Most share markets firmed and oil slid on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting continued to rage, while bond markets braced for rate rises in the United States and UK this week. While Russian missiles hit a large Ukrainian base near the border…
