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Russian central bank pledges support to sanctions-hit banks, promises to honor forex deposits
MOSCOW (Reuters) - Russia's central bank is ready to support banks hit by Western sanctions, it said on Friday, promising to provide them with rouble and foreign exchange liquidity while saying claims...
Syndicated Content Feb 24, 2022
Brazil’s Vale beats 4th-quarter profit estimates
SAO PAULO (Reuters) - Brazilian miner Vale reported on Thursday a fourth-quarter net profit of $5.4 billion, above analyst forecasts of $4.70 billion. The company reported adjusted earnings before int...
Syndicated Content Feb 24, 2022
Founders of crypto exchange Bitmex plead guilty to bank secrecy act violations
butmNEW YORK (Reuters) - The founders of cryptocurrency exchange Bitmex pleaded guilty to bank secrecy act violations by failing to establish an anti-money laundering program, the U.S. Attorney's Offi...
Syndicated Content Feb 24, 2022
Australia’s Lynas posts record profit on rare earths demand
(Reuters) - Australia's Lynas Rare Earths Ltd posted a record first-half profit on Friday, helped by a surge in demand for the minerals used in electric vehicles amid a global push for reducing carbon...
Syndicated Content Feb 24, 2022
Sanctions could complicate Citigroup sale of Russian consumer bank -sources
By David Henry and Matt Scuffham NEW YORK (Reuters) - The sale of Citigroup's Russian consumer bank could be complicated by U.S. sanctions on Russian state bank VTB, the only publicly confirmed bidder...
Syndicated Content Feb 24, 2022
Brazil central bank prepared to act in FX market in case of disproportionate contamination
By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank said it is prepared to act in the exchange market in case of disproportionate contamination on prices, highlighting it is paying close atten...
Syndicated Content Feb 24, 2022
GM plans 50 new digital features, services by 2026 -executive
By Paul Lienert (Reuters) - General Motors aims to turbocharge its non-vehicle revenue by introducing dozens of new fee-based digital features by 2026, including one enabling a car to predict when it ...
Syndicated Content Feb 24, 2022
Russia’s biggest bank Sberbank says it is operating normally, studying sanctions
MOSCOW (Reuters) - Russia's biggest bank Sberbank said on Friday it was operating normally but was studying the implications of sanctions imposed against it after Russia's invasion of Ukraine. The ban...
Syndicated Content Feb 24, 2022
MP Materials reports higher profit as rare earth prices surge
(Reuters) - U.S. rare earth miner MP Materials Corp on Thursday posted a higher fourth-quarter profit, helped by rising prices for the minerals used to make high-end electronics and weaponry. Rare ear...
Syndicated Content Feb 24, 2022
Maxwell juror told court pre-trial he had not been sexually abused -court records
NEW YORK (Reuters) - A juror in Ghislaine Maxwell's sex trafficking trial last year checked "no" on a pre-trial questionnaire when asked if he had ever been the victim of sexual abuse. Maxwell's convi...
Syndicated Content Feb 24, 2022
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