Category Archives:
China’s Meituan lowers commissions in response to regulatory guidance
BEIJING (Reuters) - China's food delivery giant Meituan said on Tuesday that it would lower commissions for merchants on its platform, including capping fees for small and medium sized merchants facin...
Mar 01, 2022
Munich Philharmonic dismisses chief conductor Gergiev for Russia stance
BERLIN (Reuters) - The Munich Philharmonic has dismissed chief conductor Valery Gergiev with immediate effect as he did not respond to calls to condemn Russia's invasion of Ukraine, the mayor of the s...
Mar 01, 2022
China’s Russian coal purchases stall as buyers struggle to secure financing
By Muyu Xu and Chen Aizhu BEIJING/SINGAPORE (Reuters) - Chinese traders are scaling back imports of Russian coal as they struggle to secure financing from state banks worried about potential sanctions...
Mar 01, 2022
Google, Meta face penalties in Russia as deadline passes to open local offices
By Paresh Dave (Reuters) - Alphabet Inc's Google and Facebook owner Meta Platforms Inc are among internet companies facing possible punitive measures in Russia after failing to open local offices and ...
Mar 01, 2022
European shares fall on weak earnings, Ukraine jitters
(Reuters) - European stocks inched lower on Tuesday, as weak earnings reports added to jitters over the Ukraine crisis after ceasefire talks between Moscow and Kyiv failed to reach a breakthrough. The...
Mar 01, 2022
TotalEnergies: will no longer provide capital for new projects in Russia
PARIS (Reuters) - TotalEnergies said it will no longer provide capital for new projects in Russia. "TotalEnergies supports the scope and strength of the sanctions put in place by Europe and will imple...
Mar 01, 2022
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...
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...
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...
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...
Mar 01, 2022
Peoria, IL, USA
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