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Ukraine finance minister says hryvnia currency will remain stable
LVIV, Ukraine (Reuters) - Ukrainian Finance Minister Serhiy Marchenko said on Monday he believed the hryvnia currency rate would remain stable. "Exchange rate stability will be maintained," he said on...
Syndicated Content Mar 14, 2022
Telecom Italia shares rise on KKR, Open Fiber overtures
By Elvira Pollina MILAN (Reuters) -Telecom Italia shares rose on Monday after Italy's biggest phone group said it would pursue a domestic broadband deal, while also engaging in talks with KKR over the...
Syndicated Content Mar 14, 2022
Sri Lanka finance minister meets top IMF official amid economic crisis
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as the island nation seeks help to d...
Syndicated Content Mar 14, 2022
China’s Tencent faces possible record fine for anti-money-laundering violations – WSJ
(Reuters) - Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the Wal...
Syndicated Content Mar 14, 2022
India indicates readiness to release more oil reserves
By Nidhi Verma and Sethuraman N R New Delhi (Reuters) -India will take "appropriate" steps to calm the rise in oil prices, triggered by Russia's invasion of Ukraine, the junior oil minister said on Mo...
Syndicated Content Mar 14, 2022
Kering boosts eyewear division with Maui Jim label
By Mimosa Spencer PARIS (Reuters) - Gucci owner Kering is bolstering its high-end eyewear division with a deal to buy U.S.-based label Maui Jim, the French luxury group said Monday. European luxury co...
Syndicated Content Mar 14, 2022
Ford to sell Romanian plant to Turkish JV
ISTANBUL (Reuters) - Ford Motor Co's Turkish joint venture will buy the U.S. company's Craiova plant in Romania for 575 million euros ($630 million) and plans to move Courier van production there, the...
Syndicated Content Mar 14, 2022
Velodyne says founder David Hall and wife Marta slash stake to about 10%
(Reuters) - Sensor maker Velodyne Lidar Inc said on Monday founder David Hall and wife Marta Hall have cut their stake in the company to 10.1% from 42.9%. David Hall also reported that he sold 45.8 mi...
Syndicated Content Mar 14, 2022
Russia to use yuan from its forex reserves, finance minister says
(Reuters) - Russia will use Chinese yuan from its foreign exchange reserves after Western sanctions blocked Moscow's access to the U.S. dollars and euros in the reserves, Finance Minister Anton Siluan...
Syndicated Content Mar 14, 2022
Inflation-wary bond markets focused on Fed’s tricky balancing act
By Karen Brettell (Reuters) - With the Federal Reserve almost certain to hike interest rates this week for the first time in more than three years, investors will be focused on how it plans to curb a ...
Syndicated Content Mar 14, 2022
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