Britain To Ban Exports Of Luxury Goods To Russia, Impose New Import Tariffs
LONDON (Reuters) -Britain on Tuesday said it would ban the export of luxury goods to Russia and impose a new…
Myanmar OKs use of Thai currency in border trade
BANGKOK (AP) — Myanmar’s military-led administration has agreed to accept Thai baht as an official currency in border trade dealings…
H&M Sales Soar But Shares Slip On Wider Ukraine Impact Concern
By Anna Ringstrom STOCKHOLM (Reuters) -H&M reported a 23% rise in first quarter sales on Tuesday, which was in line…
Chinese virus cases climb, raise threat of trade disruption
BEIJING (AP) — Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some…
U.S. Money Markets Bet On Higher, Earlier Terminal Fed Funds Rate
LONDON (Reuters) -A key money market indicator is now pricing U.S. interest rates peaking at a higher level than previously…
Tobacco Group Imperial Brands Flags Small Profit Hit From Russia Exit
(Reuters) – Imperial Brands has started talks to transfer its Russian business to a local third party following the Ukraine…
H&M Q1 Sales Grow 23% Yr/yr, In Line With Forecast
STOCKHOLM (Reuters) -Sweden’s H&M, the world’s second-biggest fashion retailer, reported on Tuesday an increase in December through February sales that…
Volkswagen Returns To Profit In North And South America
BERLIN (Reuters) – The Volkswagen Group achieved a 16% market share in China in 2021 and the VW brand returned…
Asian shares rise ahead of Fed decision on rate hike
TOKYO (AP) — Asian shares rose Wednesday as investors awaited a widely anticipated decision by the U.S. Federal Reserve on…
China’s Economy Revs Up In Jan-Feb; Omicron Cases Dim Outlook
By Kevin Yao and Stella Qiu BEIJING (Reuters) -China’s economy perked up in the first two months of 2022, with…