Russian banks mull China UnionPay; big accounting firms exit
LONDON (AP) — Leading Russian banks are looking into using a Chinese payment rival after Visa and Mastercard suspended operations,…
Bed Bath & Beyond shares soar as Ryan Cohen takes huge stake
The investment firm of billionaire Ryan Cohen has taken a large stake in Bed Bath & Beyond and is recommending…
Telecom Italia Bounces Off Record Lows As KKR Decision Looms
By Elvira Pollina MILAN (Reuters) -Shares in Telecom Italia (TIM) recovered from record lows on Monday as the head of…
Uniqlo Owner Stays Put In Russia As Netflix, AMEX And Others Sever Ties
By Akriti Sharma and Rocky Swift (Reuters) – Uniqlo owner Fast Retailing will keep its stores in Russia open, joining…
Uber Raises First-quarter Profit Outlook On Strong Ridership, Delivery Growth
(Reuters) – Uber Technologies Inc raised its first-quarter profitability guidance on Monday, saying its mobility business was improving faster than…
Analysis-Ukraine Invasion Sets Back Musk’s Dream For Cheaper EVs, For Now
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set…
European Shares Skid To 1-year Low On Russia Oil Ban Prospects
By Sruthi Shankar (Reuters) – European stocks hit a one-year low on Monday, with German and French shares set to…
UBS Has Limited Russia Exposure, But Sees Risks Of Unexpected Increases
ZURICH (Reuters) – UBS’s direct exposure to Russia made up $634 million of the Swiss bank’s total emerging market exposure…
Russian Rouble Drops To Fresh Record Low In Thin Offshore Trade
LONDON (Reuters) – Russia’s rouble tumbled to a fresh record low in thin offshore trade with local markets closed for…
Japan In Talks With U.S., Europe Over Banning Russian Oil Imports – Kyodo
TOKYO (Reuters) – Japan, which counts Russia as its fifth-biggest supplier of crude oil, is in discussion with the United…