Credit Suisse Has No Plans To Raise Capital – Source
ZURICH (Reuters) – Credit Suisse has no plans for a capital increase, a source familiar with the matter told Reuters…
EU nations accuse Russia of using natural gas as ‘blackmail’
WARSAW, Poland (AP) — Polish and Bulgarian leaders accused Moscow of using natural gas to blackmail their countries after Russia’s…
Elevator-maker Kone Trims Outlook As Q1 Profit Misses Forecast
HELSINKI (Reuters) – Elevator-maker Kone posted weaker-than-expected first-quarter core earnings on Wednesday, burdened by supply chain constraints and a decline…
Russia’s GDP Decline Could Hit 12.4% This Year, Economy Ministry Document Shows
(Reuters) – Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4%…
Germany Preparing For Change Of Control At Rosneft Refinery -minister
BERLIN (Reuters) – Germany is preparing for a change of control at the PCK refinery in Schwedt operated by Russian…
Euro Falls Below $1.06 For First Time In Five Years
By Joice Alves LONDON (Reuters) – The euro fell below $1.06 for the first time in five years against a…
European Shares Slip With Focus On Russia Gas Supplies, Mixed Earnings
(Reuters) – European shares slipped in choppy trade on Wednesday as markets took stock of mixed earnings updates, while energy…
DJI halts Russia, Ukraine business to prevent drone misuse
BEIJING (AP) — Drone company DJI Technology Co has temporarily suspended business activities in Russia and Ukraine to prevent use…
Oil Extends Gains On Russia Gas Tension, China Stimulus Hopes
By Florence Tan (Reuters) -Oil prices extended gains on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to…
Visa’s 2Q profits jump 21% as pandemic eases across globe
NEW YORK (AP) — Payment processing giant Visa’s profits rose 21% in the first three months of the year fueled…