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Russian central bank halts purchases of gold from banks to meet household demand
(Reuters) - The Russian central bank said it will suspend the buying of gold from banks from Tuesday to meet increased demand for the precious metal from households. "Currently, households' demand for...
Syndicated Content Mar 15, 2022
Sri Lanka to begin official talks with IMF next month as protests grow
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will start official talks with the International Monetary Fund (IMF) next month, a cabinet spokesman said on Tuesday, as the government seeks to stave...
Syndicated Content Mar 15, 2022
EU approves new round of Russia sanctions targeting energy, steel, defence sectors
BRUSSELS (Reuters) - The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which include bans on investments in the Russian energy sect...
Syndicated Content Mar 15, 2022
EU bans top credit rating agencies rating Russia and Russian firms
LONDON (Reuters) - The European Union has banned top credit rating firms from rating Russia's sovereign debt and the country's companies as part of its latest sanctions package, the European Commissio...
Syndicated Content Mar 15, 2022
U.S. VP Harris to headline summit to promote equal pay
WASHINGTON (Reuters) - U.S. Vice President Kamala Harris will host a virtual summit on Tuesday to celebrate Equal Pay Day, announcing moves to boost pay equity for new federal workers and employees of...
Syndicated Content Mar 15, 2022
Italian bank UniCredit considers quitting Russia – CEO
MILAN (Reuters) - Italian bank UniCredit is conducting an urgent review of its Russian business and could decide to quit the country after its invasion of Ukraine, Chief Executive Andrea Orcel said on...
Syndicated Content Mar 15, 2022
Investors dump stocks, flee to cash as growth outlook hits weakest since 2008 – BoFA
LONDON (Reuters) - Investors are more concerned about the outlook for global growth than at any time since the global financial crisis in 2008, and they have ramped up their cash holdings to a two-yea...
Syndicated Content Mar 15, 2022
Chip crunch forces further production cuts at Toyota
(Reuters) -Toyota Motor Corp said on Tuesday it would make additional production cuts in March due to a shortage of semiconductor chips, days after the Japanese automaker reduced its domestic producti...
Syndicated Content Mar 15, 2022
Volkswagen CEO says 2022 outlook clouded by war in Ukraine
BERLIN (Reuters) - Volkswagen CEO Herbert Diess said the full impact of the war in Ukraine was not yet clear and is throwing the German carmaker's 2022 outlook into question. "Under normal circumstanc...
Syndicated Content Mar 15, 2022
Marketmind: More red lines ahead
A look at the day ahead in markets from Sujata Rao It was exactly two years ago on March 15 2020 that the U.S. Federal Reserve, in the words of its boss Jerome Powell, "crossed a lot of red lines that...
Syndicated Content Mar 15, 2022
Peoria, IL, USA
42 °F Partly cloudy
