Category Archives:
Russia faces risk of “orchestrated” default on state debt -VTB CEO
(Reuters) - Russia may face an "orchestrated" default on state debt due to Western sanctions which should not be seen as a technical default, the CEO of Russia's second-largest lender VTB Andrey Kosti...
Apr 22, 2022
Russian rouble firms past 74 vs dollar, stocks up
(Reuters) - The Russian rouble firmed past 74 to the dollar in Moscow trade on Friday, helped by companies preparing to pay large sums in taxes, while stocks indexes inched higher. At 0729 GMT, the ro...
Apr 22, 2022
European equity funds hit by 10th straight week of outflows -BofA
LONDON (Reuters) - European equity funds suffered a tenth straight week of outflows at $2.9 bln, with financials leading the losses, a BofA report citing EPFR data on Friday showed. According to the r...
Apr 22, 2022
European stocks slide as traders brace for rate hikes
(Reuters) - European shares wilted as traders ramped up interest rate hike bets following hawkish comments from central bank officials, while German software giant SAP and French luxury goods company ...
Apr 22, 2022
French business activity grows in April at fastest rate in more than four years -flash PMI
PARIS (Reuters) - French business activity grew in April at the fastest pace in more than four years, a monthly survey showed, as the euro zone's second-biggest economy benefited from fewer COVID-19 r...
Apr 22, 2022
Marketmind: A policy of least regrets
A look at the day ahead in markets from Dhara Ranasinghe. One would have thought markets would have got used to hawkish rhetoric from major central banks. Clearly not. Overnight, Federal Reserve Chair...
Apr 22, 2022
Brewer AB InBev to sell its interest in Russia
BRUSSELS (Reuters) - Anheuser-Busch InBev said on Friday it would sell its stake in Russian joint-venture AB InBev Efes which will result in a $1.1 billion impairment charge in its first quarter resul...
Apr 22, 2022
French Finance Minister: we are entering “new era” of higher inflation
PARIS (Reuters) -Inflation will be high in 2022 and although the price pressure should progressively ease next year, France and its partner countries are set to enter into "a new era of higher inflati...
Apr 22, 2022
Indian government plans to raise nearly $4 billion via mega LIC IPO
By Aftab Ahmed MUMBAI (Reuters) - The Indian government is planning to raise about 300 billion Indian rupees ($3.93 billion) from selling a just over 5% stake in insurance behemoth Life Insurance Corp...
Apr 22, 2022
Australian lender Westpac fined A$113 million for multiple compliance breaches
(Reuters) - An Australian court ordered Westpac Banking Corp to pay A$113 million ($82.92 million) in penalties for multiple compliance failures across its businesses, after hearing the last of the si...
Apr 22, 2022
Peoria, IL, USA
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