Category Archives:
Dutch bank ING says $770 million in loans affected by Russian sanctions
AMSTERDAM (Reuters) - Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) in outstanding loans were "affected" by "new...
Mar 04, 2022
Air taxi startup Volocopter raises $170 million in new financing round
BERLIN (Reuters) - German aviation startup Volocopter said on Friday it had raised $170 million from investors including funds run by Korean WP Investment in a new financing round as it seeks certific...
Mar 04, 2022
Moscow Exchange bans short selling of euro instruments
MOSCOW (Reuters) - The Moscow Exchange said on Friday it imposed a ban on short selling of euro currency and stock instruments, in a further move by Russian authorities are taking to stabilise its sha...
Mar 04, 2022
Exclusive-Chelsea FC’s banker says Abramovich’s exit will not be rushed
By Krystal Hu (Reuters) - Roman Abramovich will not rush his divestment of English football team Chelsea FC, an adviser on the sale process told Reuters, even as Britain is considering sanctions again...
Mar 04, 2022
Stuck but not sweating it: some U.S. investors in Russia not kneejerk-selling
By Davide Barbuscia NEW YORK (Reuters) - U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with a relatively small exposure...
Mar 04, 2022
Sony, Honda to form new company to develop and sell electric vehicles
TOKYO (Reuters) -Japan's manufacturing giants Honda Motor Co Ltd and Sony Group Corp said on Friday they have agreed to join hands to develop and sell battery electric vehicles. The two companies said...
Mar 04, 2022
Coinbase not banning Russians from using platform, CEO says
(Reuters) - U.S. cryptocurrency exchange Coinbase Global Inc will not preemptively ban all Russians from using the platform, Chief Executive Officer Brian Armstrong said in a tweet on Friday. (Reporti...
Mar 04, 2022
Japan PM Kishida wants new BOJ head to work towards ending deflation
TOKYO (Reuters) - Japan's next central bank governor should be someone who understands the need to work with the government in beating deflation, Prime Minister Fumio Kishida said on Friday. Markets a...
Mar 04, 2022
Traders ramp up bullish bets in U.S. oil options as prices soar
By David Gaffen and Stephanie Kelly (Reuters) - Bulls have surged into the U.S. crude oil options market in recent days as futures touch highs not seen in a decade, betting that crude's rally will per...
Mar 04, 2022
Japan’s Q4 GDP forecast to revise up, wholesale price gains cloud outlook – Reuters Poll
By Kantaro Komiya TOKYO (Reuters) - Japan's economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale inflation near a record in Februar...
Mar 03, 2022
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