Category Archives:
Royal Bank of Canada lifts prime rate to 2.7% after central bank hike
By Nichola Saminather TORONTO (Reuters) - Royal Bank of Canada will increase its prime rate to 2.7% from 2.45%, Canada's biggest bank said on Wednesday, after the central bank raised its benchmark rat...
Syndicated Content Mar 02, 2022
Nestle reopens factories, warehouses in central and west Ukraine
By Maytaal Angel LONDON (Reuters) - Nestle, the world's largest food group, said it has reopened its factories and warehouses in central and western Ukraine in a bid to ensure essential food and drink...
Syndicated Content Mar 02, 2022
European chains Metro, SPAR still active in Ukraine, Russia
BERLIN (Reuters) - German wholesaler Metro and Dutch food retailer Spar International BV said on Wednesday they are still operating in Ukraine and Russia, keeping stores running either by reducing ope...
Syndicated Content Mar 02, 2022
Russian oil disruptions escalate, global prices rise
By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) - Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and...
Syndicated Content Mar 02, 2022
Netflix pauses all projects, acquisitions in Russia – report
(Reuters) - Netflix Inc has temporarily stopped all future projects and acquisitions in Russia amid its invasion of Ukraine, Variety reported on Wednesday. Russia has been facing boycott in the film a...
Syndicated Content Mar 02, 2022
Exclusive-Ukraine’s tech ministry urges gaming, cloud companies to drop Russia
By Paresh Dave, Elizabeth Culliford and Sheila Dang (Reuters) - Ukraine plans to urge about 50 more tech companies, including in gaming, esports and internet infrastructure, to take action against Rus...
Syndicated Content Mar 02, 2022
U.S. Senate committee to hold hearings on Biden’s Supreme Court pick beginning March 21
WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee will hold hearings on President Joe Biden's Supreme Court nominee beginning March 21, according to a statement from committee chair Senator D...
Syndicated Content Mar 02, 2022
Factbox-Is Russia’s National Wealth Fund deep enough to counteract sanctions?
MOSCOW (Reuters) - Russia plans to tap its National Wealth Fund (NWF), a rainy day cushion, after it scrapped its borrowing plan this year amid Western sanctions and said it would spend up to 1 trilli...
Syndicated Content Mar 02, 2022
Exclusive-Amazon plans to file criminal case against India’s Future over store transfers -sources
By Aditya Kalra NEW DELHI (Reuters) - Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major riva...
Syndicated Content Mar 02, 2022
Exclusive-BA owner IAG has some surface issues with Airbus A350 jets
By Kate Holton LONDON (Reuters) -British Airways owner IAG has experienced surface degradation on Airbus A350 jets but not to the same extent as Qatar Airways and it will not affect planned deliveries...
Syndicated Content Mar 02, 2022
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