Category Archives:
Analysis-“Slow-balisation”: how war, pandemic are reshaping global trade
By Philip Blenkinsop BRUSSELS (Reuters) - Raising the drawbridge has been a response to war and pestilence throughout human history, and the tumultuous winter of 2022 has similarly led trading nations...
Mar 31, 2022
Czech central bank raises key interest rate by 50 bps to highest since 2001
PRAGUE (Reuters) - The Czech National Bank (CNB) on Thursday raised its main interest rate by 50 basis points to 5.00%, bringing it to the highest level since 2001 as expected as policymakers battle a...
Mar 31, 2022
Petrobras, PetroRio advance in Albacora Leste talks; twin field trickier, sources say
By Gram Slattery RIO DE JANEIRO (Reuters) - Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with ...
Mar 31, 2022
Brazil’s Petrobras loses $400 million court case to Paragon Offshore
SAO PAULO (Reuters) - Brazil's Petrobras said on Thursday that a Rio de Janeiro state court has ruled against the state-run oil company in a case brought up by drilling contractor Paragon Offshore Ned...
Mar 31, 2022
Syngenta expects Ukraine harvest to fall by a third
ZURICH (Reuters) - Swiss agrochemicals group Syngenta expects crops output in Ukraine to slump substantially this year, it said on Thursday, as it announced fourth-quarter results. "We hope to be able...
Mar 31, 2022
Russia’s Yandex winds down e-grocery in Paris, hints at London exit
(Reuters) - Russian internet giant Yandex is gradually winding down the Paris operations of its e-grocery service Yango Deli, a spokesperson said on Thursday, citing poor performance and hinting that ...
Mar 31, 2022
Russia to ban sunflower seed exports, impose quota on sunoil
(Reuters) - Russia will ban exports of sunflower seeds from Friday until the end of August and impose an export quota on sunflower oil to avoid shortages and ease pressure on domestic prices, its agri...
Mar 31, 2022
Walgreens beats estimates on Omicron-led demand for vaccines, tests
(Reuters) - Walgreens Boots Alliance Inc reported higher-than-expected quarterly profit and sales on Thursday, boosted by a rush for COVID-19 vaccinations and testing during a recent Omicron-led surge...
Mar 31, 2022
Spain’s 2021 budget gap narrows more than expected, further cut seen
MADRID (Reuters) - Spain's budget deficit narrowed to 6.76% of gross domestic product last year from over 10% in 2020, beating forecasts from international organisations and the government, which expe...
Mar 31, 2022
Russia confirms ex-U.S. Marine Trevor Reed is on hunger strike
LONDON (Reuters) - Russia's state prison service confirmed on Thursday that jailed ex-U.S. Marine Trevor Reed had declared a hunger strike on March 28 to protest over disciplinary action against him, ...
Mar 31, 2022
Peoria, IL, USA
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