Sanction Fears Deter Russian Brokerages From Adopting Sberbank’s Clients – Sources
(Reuters) – Fears of being targeted by Western sanctions are deterring Russian brokerages from helping Sberbank by hosting its clients’…
Modest-income buyers being priced out of new-vehicle market
DETROIT (AP) — Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices…
Russian Cenbank Says Wants Rouble Rate To Be Determined By Market
(Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to preserve market pricing…
Investcorp In Exclusive Talks To Buy AC Milan – Source
By Simon Evans MANCHESTER (Reuters) – Asset manager Investcorp has entered into exclusive talks to purchase Italian club AC Milan,…
China Cuts Reserve Requirements For Banks As Economy Slows
BEIJING (Reuters) – China said on Friday it would cut the amount of cash that banks must hold as reserves…
Investors Turn To Defensive Stocks As Economic Concerns Grow
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation…
Biden To Nominate Former Treasury Official Barr For Fed Top Regulatory Job
By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Friday said he would nominate former Treasury official Michael…
Asian shares fall, trading muted with Good Friday, holidays
TOKYO (AP) — Asian shares fell in muted trading as most world markets were closed for Good Friday and other…
BOJ Likely To Raise Inflation Forecast Near 2%, Vow To Keep Easy Policy – Sources
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan is likely to raise its inflation forecast for…
Apple, Others Face Shipment Delays As China COVID Curbs Squeeze Suppliers – Analysts
By Josh Horwitz and Sarah Wu SHANGHAI/TAIPEI (Reuters) – Shipments of some Apple products, as well as Dell and Lenovo…