Category Archives:
Indonesia expects fiscal pressure from high global fuel, food prices
JAKARTA (Reuters) - High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming months as the government keep...
Mar 28, 2022
Credit Suisse has stopped pursuing new client business in Russia
ZURICH (Reuters) - Credit Suisse stopped pursuing new business in Russia after the invasion of Ukraine on Feb. 24, the Swiss bank said on Monday in an internal document seen by Reuters. According to t...
Mar 28, 2022
Sanctions-hit companies unlikely to get trillions in state aid, EU’s Vestager says
By Foo Yun Chee BRUSSELS (Reuters) - Companies affected by sanctions imposed on Russia and soaring energy costs are unlikely to get trillions of euros in state aid that businesses hit by the COVID-19 ...
Mar 28, 2022
In Istanbul and Dubai, Russians pile into property to shelter from sanctions
By Ceyda Caglayan, Saeed Azhar and Riham Alkousaa ISTANBUL/DUBAI (Reuters) - Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in th...
Mar 28, 2022
U.S. goods trade deficit narrows in February
WASHINGTON (Reuters) - The U.S. trade deficit in goods narrowed in February as exports rebounded, data showed on Monday, which could provided a lift to economic growth in the first quarter. The defici...
Mar 28, 2022
BoE’s Bailey sees risks from commodity trading frenzy
LONDON (Reuters) -Huge swings in commodity prices mean resilience in financial markets cannot be taken for granted and authorities are watching the situation very closely, Bank of England Governor And...
Mar 28, 2022
Top China brokerage CITIC posts 55% rise in 2021 profit on investment gains
BEIJING/SHANGHAI (Reuters) - CITIC Securities Co, China's biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. Net profit for the 12 mo...
Mar 28, 2022
Carlsberg joins rival Heineken in quitting Russia, faces big hit
COPENHAGEN (Reuters) -Carlsberg will exit the Russian market and take a "substantial" non-cash impairment charge, the Danish brewer said on Monday, the latest Western company to exit amid mounting pre...
Mar 28, 2022
Spain to approve 16 billion euros in aid to offset soaring energy costs
By Beln Carreo and Inti Landauro MADRID (Reuters) - Spain announced 16 billion euros ($17.5 billion) in direct aid and soft loans on Monday to help companies and households weather sky-high energy pri...
Mar 28, 2022
G7 rejects Putin’s demand for rouble payment for Russian gas – Germany
BERLIN (Reuters) - Energy ministers from the Group of Seven industrialized nations reject demands by President Vladimir Putin that "unfriendly" countries pay for Russian gas with roubles, Germany's Ro...
Mar 28, 2022
Peoria, IL, USA
46 °F Overcast
