Zara Owner Inditex Halts Trading In Russia, Closing Stores And Online Platform
MADRID (Reuters) – Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales,…
PayPal Shuts Down Its Services In Russia Citing Ukraine Aggression
By Paresh Dave (Reuters) – Payments company PayPal Holdings Inc shut down its services early on Saturday in Russia, citing…
SpaceX’s Musk Says Starlink Has Been Told By Some Governments To Block Russian News
(Reuters) – SpaceX chief Elon Musk said on Saturday that its Starlink satellite broadband service has been told by some…
China Targets Slower Economic Growth As Headwinds Gather
By Kevin Yao and Ryan Woo BEIJING (Reuters) -China on Saturday targeted slower economic growth of around 5.5% this year…
Exclusive-Boeing Aims To Nearly Double 737 MAX Production By End-2023 -sources
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) – Boeing Co has preliminary plans to boost production of its…
China Vows To Continue Its Crackdown On Industry Monopolies
BEIJING (Reuters) – China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a…
Russia-Ukraine Turmoil Triggers Market Stress Alarms
By Dhara Ranasinghe, Yoruk Bahceli and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Financial indicators signalled increasing signs of stresses spreading through…
Italy Steps Up Freezing Of Assets Linked To Russian Oligarchs
ROME (Reuters) – Italian banks were instructed by the Bank of Italy’s financial intelligence division on Friday to urgently let…
Rate-hike Fears Abate But Ukraine Muddies Stock Market Outlook
By Lewis Krauskopf NEW YORK (Reuters) – Geopolitical worries are clouding the outlook for U.S. stocks, even as Russia’s invasion…
Wall Street Ends Down As Ukraine Fears Eclipse Solid Jobs Data
By Devik Jain and Noel Randewich (Reuters) – Wall Street ended lower on Friday as the war in Ukraine overshadowed…