S&P Cuts Russia’s Ratings To ‘CC’ On Debt Default Risk
(Reuters) – S&P on Thursday lowered Russia’s rating to ‘CC’ from ‘CCC-‘, as the country reported difficulties meeting debt payments…
Headlines
Deutsche Bank’s U.S. Affiliate, Following The Fed, Raises Prime Lending Rate
(Reuters) – Germany’s Deutsche Bank AG said on Thursday its U.S. affiliate had increased its prime lending rate by 25…
Union At BHP’s Escondida Chile Copper Mine Threatens Work Stoppage
SANTIAGO (Reuters) – A union representing workers at BHP’s sprawling Escondida copper mine in Chile, the world’s largest copper mine,…
Senators issue bipartisan call to restore donors’ tax breaks
Both Democratic and Republican lawmakers called Thursday for restoring the charitable deduction for donors who don’t itemize their taxes, a…
U.S. House Backs Removal Of ‘most-favored’ Trade Status For Russia, Belarus
By Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives overwhelmingly backed legislation on Thursday to remove “most favored…
Investors Find They Have No Easy Alternative To Chaotic LME Nickel Trade
By Eric Onstad LONDON (Reuters) – Despite the turbulent, stop-start trading of nickel on the London Metal Exchange, frustrated investors…
PayPal enables customers to send money to Ukrainians
NEW YORK (AP) — PayPal said Thursday that its users will now be able to send money to Ukrainians, both…
Burger King Says Russia Franchisee ‘refused’ To Shutter Restaurants
By Hilary Russ NEW YORK (Reuters) – Burger King’s parent company said on Thursday it has not been able to…
Some Russia Creditors Have Received Dollar Bond Payment -sources
By Karin Strohecker, Sujata Rao and Marc Jones LONDON (Reuters) -Some creditors have received payment, in dollars, of Russian bond…
Lucid Eyes Price Increases For Future Models, Will Honor Prices For Existing Reservations -CEO
By Tina Bellon AUSTIN, Texas (Reuters) – Electric carmaker Lucid is looking into raising prices for future models amid “huge…