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China buys more Iranian oil now than it did before sanctions, data shows
By Chen Aizhu and Alex Lawler SINGAPORE/LONDON (Reuters) - China's purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. s...
Syndicated Content Mar 01, 2022
Stellantis sets up task force to monitor sanctions, staff in Ukraine crisis – CEO
(Reuters) - The head of Stellantis said it had set up a task force to conform with any sanctions and monitor its staff in Ukraine, hours before the world's No.4 carmaker presents its strategic plan fo...
Syndicated Content Mar 01, 2022
Volatility dominates European bank shares as Ukraine crisis drags on
FRANKFURT (Reuters) - Volatility remained the name of the game for European bank shares on Tuesday, as some of those lenders most exposed to Russia jumped after steep losses a day earlier. Shares of A...
Syndicated Content Mar 01, 2022
Volkswagen’s Skoda limits some output due to Ukraine, production in Russia still running
PRAGUE (Reuters) - Czech carmaker Skoda Auto, part of Volkswagen, will limit some production at its domestic plants due to supply shortages after Russia's invasion of Ukraine, while it said its Russia...
Syndicated Content Mar 01, 2022
Baidu beats quarterly revenue estimates on AI, cloud services strength
(Reuters) -Chinese search engine giant Baidu Inc reported quarterly revenue above Wall Street estimates on Tuesday, powered by high demand for its cloud and self-driving taxi services. Baidu has been ...
Syndicated Content Mar 01, 2022
Marketmind: Picking through the rubble
A look at the day ahead in markets from Sujata Rao. Well-known emerging market commentator Tim Ash at BlueBay Asset Management noted it took a week for Fortress Russia to became Rubble Russia. Indeed,...
Syndicated Content Mar 01, 2022
YouTube to block channels linked to Russia’s RT and Sputnik across Europe
(Reuters) -YouTube is blocking channels connected to Russian state-backed media outlets RT and Sputnik across Europe effective immediately, due to the situation in Ukraine, the company operated by Alp...
Syndicated Content Mar 01, 2022
Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply
By Rajendra Jadhav MUMBAI (Reuters) - Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the t...
Syndicated Content Mar 01, 2022
Cryptoverse: Bitcoin gains conflict currency credentials
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin has leapt since Russia's invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and dece...
Syndicated Content Mar 01, 2022
Airspace closures after Ukraine invasion stretch global supply chains
By Jamie Freed (Reuters) -Global supply chains, already hit hard by the pandemic, are facing further disruption and cost inflation as airspace closures after Russia's invasion of Ukraine affect the ai...
Syndicated Content Mar 01, 2022
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