Category Archives:
Russia to spend up to $10 billion from rainy-day fund on buying Russian shares, source says
(Reuters) - The Russian government has ordered the finance ministry to channel up to 1 trillion roubles ($10.3 billion) from the National Wealth Fund to buy shares in Russian companies, a source close...
Mar 01, 2022
Nokia stops deliveries to Russia
(Reuters) - Nokia will stop deliveries to Russia to comply with sanctions imposed on the country following the invasion on Ukraine, the Finnish network equipment maker said on Tuesday. "This is a comp...
Mar 01, 2022
Nord Stream 2 terminates contracts with employees following sanctions
MOSCOW (Reuters) - The operator of the Russia-led gas pipeline project Nord Stream 2 said on Tuesday it had to terminate contracts with employees because of U.S. sanctions. The United States imposed s...
Mar 01, 2022
India’s Adani makes foray into media business with Quintillion stake
By Munsif Vengattil NEW DELHI (Reuters) - India's Adani Group is taking a minority stake in local digital business news platform Quintillion, the companies said in statement on Tuesday, marking billio...
Mar 01, 2022
Kohl’s misses holiday-quarter sales expectations
(Reuters) - U.S. department store chain Kohl's Corp missed quarterly sales estimates on Tuesday due to the Omicron variant surge and supply chain snarls during the holiday season. Net sales rose to $6...
Mar 01, 2022
Shipping firm MSC suspends container cargo bookings for Russia
LONDON (Reuters) - Shipping company MSC has stopped cargo bookings to and from Russian but will still accept and screen food and humanitarian cargoes, the world's number one container line said on Tue...
Mar 01, 2022
Inflation-protected funds see big outflows after feverish 2021
By Patturaja Murugaboopathy (Reuters) - Global inflation-protected bond ETFs have seen huge outflows this year, despite rising inflation levels, as investors prepare for price pressures to be tamed ev...
Mar 01, 2022
Target forecasts upbeat 2022, sees margin pressure easing
(Reuters) -Target Corp forecast 2022 sales and profit above analysts' expectations on Tuesday, after posting a 9% rise in holiday quarter sales even as the big box retailer battled supply chain disrup...
Mar 01, 2022
Exclusive-Connecticut treasurer orders pension funds to divest Russian assets
By Ross Kerber (Reuters) - Connecticut Treasurer Shawn Wooden on Tuesday will direct state pension funds to sell Russian assets, one of the most direct steps by a U.S. pension official to date in resp...
Mar 01, 2022
Futures fall as Russia-Ukraine crisis escalates
(Reuters) - U.S. stock index futures slid on Tuesday, with banks stocks declining further as the Russia-Ukraine crisis deepened, while a rise in oil prices supported shares of energy companies. Citigr...
Mar 01, 2022
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