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Oil extends rally after U.S. bans Russian imports, prompting supply fears
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Wednesday as the U.S. ban on Russian oil imports and Britain's plan to phase them out by year end raised concerns of tighter global supply. Brent ...
Mar 08, 2022
U.S. probes options trade gained on Microsoft-Activision deal – WSJ
(Reuters) - U.S. Federal prosecutors and securities regulators are investigating large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard Inc shares in Janu...
Mar 08, 2022
Crude shoots higher on U.S. Russian oil ban, Asian shares stabilise
By Andrew Galbraith SHANGHAI (Reuters) - Crude oil prices jumped while Asian stocks regained their footing on Wednesday as investors assessed the impact of a worsening conflict in Ukraine and a new U....
Mar 08, 2022
S&P Global affirms U.S. rating at ‘AA+/A-1+’
(Reuters) - S&P Global on Tuesday reaffirmed its sovereign rating for the United States at 'AA+/A-1+', the second highest rating by the agency even as the country battles inflationary pressures. The c...
Mar 08, 2022
Chinese firms that aid Russia may be cut off from U.S. equipment -commerce secretary
(Reuters) -Chinese companies that defy U.S. restrictions against exporting to Russia may be cut off from American equipment and software they need to make their products, U.S. Commerce Secretary Gina ...
Mar 08, 2022
Ferragamo to revamp product offer, won’t give guidance for 2022
By Claudia Cristoferi MILAN (Reuters) - The new boss of Salvatore Ferragamo aims to boost sales by revitalising its product offer, though the Italian luxury group said the war in Ukraine and the linge...
Mar 08, 2022
China’s Feb PPI +8.8% y/y, CPI +0.9% y/y
BEIJING (Reuters) - China's producer prices in February rose at the slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, an uncertain global economy a...
Mar 08, 2022
Unloved euro catches a breath ahead of ECB
By Tom Westbrook SINGAPORE (Reuters) - The euro took a breather on Wednesday ahead of this week's central bank meeting, while commodity currencies eased from recent peaks as investors reckoned war-dri...
Mar 08, 2022
Rare Steve Jobs items hit the auction block
By Alicia Powell NEW YORK (Reuters) - Items from the birth of Apple, home computing and video gaming are up for grabs at an auction, which will conclude on March 17. The top lot from "The Steve Jobs R...
Mar 08, 2022
Japan downgrades Q4 GDP on weaker consumer, business spending
TOKYO (Reuters) - Japan's strong economic growth in the final quarter of 2021 was downgraded in a revised estimate on Wednesday, while pressures from record COVID-19 infections and rising energy costs...
Mar 08, 2022
Peoria, IL, USA
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