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Factbox-Companies cut Russia operations and trade as sanctions tighten
(Reuters) - Companies have limited, put on hold or exited business activities in Russia following a wave of sanctions imposed after Moscow's invasion of Ukraine. Below is a list of companies that have...
Syndicated Content Mar 03, 2022
UK satellite company OneWeb suspends Baikonur launches
LONDON (Reuters) - British satellite company OneWeb said on Thursday it was suspending all launches from Russia's Baikonur Cosmodrome in Kazakhstan after Moscow's space agency demanded guarantees that...
Syndicated Content Mar 03, 2022
Sibanye-Stillwater sees Ukraine crisis disrupting automotive supply chains
By Helen Reid JOHANNESBURG (Reuters) - Disruptions to automotive supply chains in the wake of Russia's invasion of Ukraine could impact demand for platinum group metals (PGMs), the CEO of South Africa...
Syndicated Content Mar 03, 2022
Russia now ‘utterly uninvestable’ – Schroders CEO says
By Lawrence White LONDON (Reuters) - Russian stocks and bonds are now "in the realms of utterly uninvestable," the chief executive of Schroders Peter Harrison told Reuters on Thursday, as Western sanc...
Syndicated Content Mar 03, 2022
Euro zone unemployment at record lows, producer prices show record jump y/y
BRUSSELS (Reuters) - Euro zone unemployment fell to record lows in January as the economy continued to rebound from the pandemic slump, but industrial producer prices showed a record surge year-on-yea...
Syndicated Content Mar 03, 2022
Environmental bodies can sue Volkswagen over emissions cheating, EU court adviser says
By Foo Yun Chee BRUSSELS (Reuters) - Environmental groups must be allowed to take German carmaker Volkswagen to court for installing software to control diesel engine emissions, an adviser to Europe's...
Syndicated Content Mar 03, 2022
Vast majority of Britons report rising cost of living: ONS
LONDON (Reuters) - More than four-fifths of British people reported a rise in the cost of living last month, according to official data on Thursday that also suggested stormy weather had hurt consumer...
Syndicated Content Mar 03, 2022
Smirnoff vodka maker Diageo pauses exports to Ukraine and Russia
LONDON (Reuters) - Spirits company Diageo, the maker of Smirnoff vodka and Guinness, has paused exports to Ukraine and Russia, the company said on Thursday. "Our priority is the safety of our people i...
Syndicated Content Mar 03, 2022
Bank of England survey shows record business inflation expectations
LONDON (Reuters) - British businesses expect prices to rise by the most over the next 12 months since at least 2017 and they reported growing recruitment difficulties, a monthly survey by the Bank of ...
Syndicated Content Mar 03, 2022
India has accused Huawei of tax evasion, says government source
NEW DELHI (Reuters) - An Indian tax investigation on China's Huawei Technologies has found that the telecoms equipment maker manipulated account books to reduce its taxable income in the country, an I...
Syndicated Content Mar 03, 2022
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