Russia cuts interest rate as ruble settles despite sanctions
LONDON (AP) — Russia’s central bank has managed to stabilize key aspects of the economy with severe controls, artificially propping…
Shell Raises Russia Writedown To As Much As $5 Billion
By Ron Bousso LONDON (Reuters) – Shell will write down up to $5 billion following its decision to exit Russia,…
Wall St Set For Subdued Open As Yields Rise Again
By Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) -Wall Street was set for a subdued open on Friday as U.S….
U.S. Bond Funds Post Outflows For 13th Week In A Row
(Reuters) – U.S. investors remained net sellers of bond funds in the week to April 6 on rising prospects of…
Japan to expel 8 Russian officials, impose new sanctions
TOKYO (AP) — Japan announced Friday it is expelling eight Russian diplomats and trade officials and will phase out imports…
Euro Zone Bond Yields Rise As Traders, Banks Ramp Up ECB Rate Hike Bets
By Yoruk Bahceli (Reuters) – Euro zone bond yields rose on Friday as traders further ramped up bets on European…
Caixabank Has Sufficient Provisions To Withstand Current Uncertainty, CEO Says
By Jesús Aguado MADRID (Reuters) – Spain’s Caixabank has adequate provisions to face potential future losses given the current market…
European Stocks Rebound, Dollar Index Hits 100
By Samuel Indyk LONDON (Reuters) -European shares rebounded on Friday, playing catch-up with a modest bounce the previous day on…
European Equity Funds Notch Big Inflows In Week To April 6
(Reuters) – European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor…
Food prices soar to record levels on Ukraine war disruptions
ROME (AP) — Prices for food commodities like grains and vegetable oils reached their highest levels ever last month largely…