European Bank Shares Slide Further; Russia’s Sberbank Exits Europe
FRANKFURT (Reuters) – European banks opened lower on Wednesday after two days of steep losses as the crisis in Ukraine…
Headlines
‘Minister No’: Lavrov embodies Moscow’s steely posture
MOSCOW (AP) — As Russia’s top diplomat during the invasion of Ukraine, Foreign Minister Sergey Lavrov is embodying the Kremlin’s…
World’s Major Companies Lag On Climate, Some Markets Regress Since Paris
By Simon Jessop LONDON (Reuters) – The corporate world remains far from being aligned with global climate goals, and in…
Russia’s Sberbank To Leave European Market In Face Of Outflows, Safety Risk
MOSCOW (Reuters) -Russia’s largest lender, Sberbank, is leaving the European market as its subsidiaries there face large cash outflows and…
Russia’s Feb Oil Output Rises, Trading Paralysed By Sanctions
(Reuters) – Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to…
Asian stocks rise after Fed chair supports smaller rate hike
BEIJING (AP) — Asian stock markets rebounded Thursday and oil prices climbed higher after the head of the Federal Reserve…
Economic dangers from Russia’s invasion ripple across globe
WASHINGTON (AP) — Moscow’s war on Ukraine and the ferocious financial backlash it’s unleashed are not only inflicting an economic…
Moscow Exchange Won’t Resume Stock Trading On Wednesday – Central Bank
MOSCOW (Reuters) – Russia’s central bank kept stock market trading on the Moscow Exchange suspended for a third day in…
Rivian Raises EV Prices By 20%, Inviting Customer Ire, Taunt From Musk
By Hyunjoo Jin SAN FRANCISCO (Reuters) -U.S. electric vehicle startup Rivian Automotive Inc said on Tuesday it has increased selling…
Billionaire Founder Of Chinese Hotpot Chain Haidilao Steps Down As CEO
BEIJING (Reuters) – China’s Haidilao, which operates a chain of hotpot restaurants, said its billionaire founder Zhang Yong has stepped…