By Andrew Galbraith SHANGHAI (Reuters) – Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher after Russian President Vladimir Putin issued a blistering warning against Ukraine and authorised special military operations in Ukraine’s Donbass region. Several explosions were heard in the Ukrainian capital, Kyiv, before dawn,…
By Andrew Galbraith SHANGHAI (Reuters) – Global stocks extended a sell-off, the dollar, gold and oil prices jumped, and U.S. Treasury yields fell on Thursday amid growing fears of a full-scale Russian invasion of Ukraine. As one of the worst post-Cold War security crises in Europe for decades worsens, U.S. Secretary of State Antony Blinken…
WASHINGTON (Reuters) -The Federal Aviation Administration has warned that 5G wireless operations can interfere with radio altimeters in Boeing 737s, impeding a crew’s ability to safely fly or land, but FAA officials stressed the issue poses little practical effect for airlines. Despite dire-sounding language in the FAA airworthiness directive issued on Wednesday about potential effects…
By Kevin Buckland TOKYO (Reuters) – The euro weakened and safe-haven currencies including the U.S. dollar were in demand on Thursday amid intensifying fears of an imminent full-scale Russian invasion of Ukraine. The greenback, yen and Swiss franc all rose back toward multi-week highs to Europe’s single currency, while the greenback hovered near a one-week…
By Jeff Mason WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine. The sanctions, which target the Nord Stream 2 AG company and its CEO, Matthias Warnig, add to…
(Reuters) – Asia-focused insurer AIA Group said on Thursday it would sell its Australian savings and investments business to local life insurance firm Resolution Life Australasia, noting it is “non-core” to its strategy. AIA did not disclose a deal value for the sale, but said the business holds about A$8 billion ($5.77 billion) in funds…
(Reuters) -Booking Holdings posted quarterly profit and revenue above market expectations on Wednesday and said it is seeing an uptick in bookings, driven primarily by a recovery in cross-border travel within the European region and North America. Pent-up demand and easing COVID curbs have in recent months sparked a surge in flight and hotel room…
By Shrutee Sarkar BENGALURU (Reuters) – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S. Federal Reserve, according to economists surveyed in a Reuters poll, which also showed expectations that rates will be higher by year-end than previously thought. Just…
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she expects the U.S. central bank will need to raise rates at least four times this year, and likely more, to stop high inflation from getting worse. “There is broad agreement that inflation is too high and the policy rate…
NEW YORK (Reuters) -JPMorgan is reviewing the impact that newly imposed U.S. sanctions on Russian sovereign debt may have on its emerging market bond indexes, a source familiar with the matter said. The U.S. government broadened restrictions on trading of Russian government debt on Tuesday in a bid to punish Moscow for ratcheting up its…
