Category Archives:
Asset managers freeze $3 billion in Russia funds in market turmoil
By Carolyn Cohn and Simon Jessop LONDON (Reuters) -Asset managers including France's Amundi and BNP Paribas, Britain's HSBC and Switzerland's Pictet have frozen Russia-focused equity funds totalling o...
Syndicated Content Mar 01, 2022
BlackRock says working to ensure clients can exit Russian securities
(Reuters) - Top asset manager BlackRock Inc said on Tuesday it is consulting with regulators, index providers and other market participants "to help ensure our clients can exit their positions in Russ...
Syndicated Content Mar 01, 2022
Volkswagen warns of production cuts as Ukraine crisis hits suppliers
HAMBURG (Reuters) - Europe's largest carmaker Volkswagen on Tuesday warned of production cuts at some of its plants including the one in Wolfsburg as Ukraine-based suppliers have been facing difficult...
Syndicated Content Mar 01, 2022
Chevron CEO points to ‘difficult decisions’ by competitors to leave Russia
By Sabrina Valle HOUSTON (Reuters) - Chevron Corp Chief Executive Michael Wirth on Tuesday expressed concern over the "tragic situation" unfolding in Ukraine, forcing oil companies to make "very diffi...
Syndicated Content Mar 01, 2022
German court rules against online hate-speech law
BERLIN (Reuters) - A German court ruled on Tuesday against a new law that obliges social media firms to block or delete criminal content and report particularly serious offences to the police, handing...
Syndicated Content Mar 01, 2022
U.S. bank profits jump in 2021 as firms shed credit loss reserves, FDIC says
By Pete Schroeder WASHINGTON (Reuters) - U.S. banks saw their profits jump nearly 90% in 2021 as firms shrank how much money they were setting aside to protect against credit losses, the Federal Depos...
Syndicated Content Mar 01, 2022

I-EMA: How prepared are you for severe weather?
SPRINGFIELD, Ill. — Do you have a storm kit? It’s Severe Weather Preparedness Week, and the Illinois Emergency Management Agency wants to help keep your family safe in the event of severe ...
Julia Bradley Mar 01, 2022
Isolated Russians scramble for hard currency, fear worse is yet to come
MOSCOW (Reuters) - Queues of people snaked through Moscow shopping malls on Tuesday as the scramble for hard currency continued, and Russians faced increasing isolation as sanctions made travel harder...
Syndicated Content Mar 01, 2022
Exchange operator CME to launch ‘micro’ versions of bitcoin, ether options
(Reuters) - Futures exchange operator CME Group Inc is planning to launch micro bitcoin and ether options later this month to boost its appeal among retail traders, the company said on Tuesday. The co...
Syndicated Content Mar 01, 2022
OPEC’s Feb oil output boost exceeds target for first time in months -survey
By Alex Lawler LONDON (Reuters) - The increase in OPEC's oil output in February exceeded the rise planned under a deal with allies for the first time since September, a Reuters survey found, as higher...
Syndicated Content Mar 01, 2022
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