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Russia billionaires move superyachts to Maldives as sanctions tighten, data shows
By Alasdair Pal NEW DELHI (Reuters) - At least five superyachts owned by Russian billionaires were anchored or cruising on Wednesday in Maldives, an Indian Ocean island nation that does not have an ex...
Syndicated Content Mar 02, 2022
ABB pauses intake of orders from Russia, Ukraine and Belarus
ZURICH (Reuters) - Swiss engineeering and automation group ABB has temporarily halted orders from Russia, Ukraine and Belarus, it said on Wednesday. "As a result of supply chain disruptions and other ...
Syndicated Content Mar 02, 2022
U.S. house prices to rise another 10% this year – Reuters poll
By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) - U.S. house prices are set to climb in double digits this year even as the Federal Reserve embarks on its expected series of interest rate hikes...
Syndicated Content Mar 02, 2022
Yellen to tout Biden’s economic agenda, Russia sanctions in Chicago
By David Lawder CHICAGO (Reuters) - U.S. Treasury Secretary Janet Yellen travels to Chicago on Wednesday to amplify President Joe Biden's State of the Union messages on punishing Russia for its invasi...
Syndicated Content Mar 02, 2022
European gas prices touch new highs as Russia supply fears grow
By Susanna Twidale LONDON (Reuters) - European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said EU sanctions against Russia could ta...
Syndicated Content Mar 02, 2022
Nordstrom shares surge 32% as shoppers return to Rack stores
(Reuters) - Shares of Nordstrom Inc soared more than 32% on a faster-than-expected recovery at the company's off-price Rack outlets that raised hopes about the department store's ability to stanch fur...
Syndicated Content Mar 02, 2022
Citigroup sets new profitability targets in bid to win over investors
By David Henry and Noor Zainab Hussain NEW YORK (Reuters) -Citigroup Inc set new profitability targets on Wednesday, aiming for a medium-term return on equity of 11% to 12%, an improvement from recent...
Syndicated Content Mar 02, 2022
Dollar Tree forecasts bleak annual targets as product shortages hurt
(Reuters) -Discount store Dollar Tree Inc forecast full-year sales and profit largely below analysts' estimates on Wednesday, hurt by product shortages and higher labor costs due to global supply chai...
Syndicated Content Mar 02, 2022
Abercrombie misses holiday-quarter sales estimates on Omicron, supply chain hit
(Reuters) -Clothes retailer Abercrombie & Fitch Co missed quarterly sales estimates on Wednesday with product shortages and Omicron-driven COVID-19 curbs taking the shine off holiday-season business, ...
Syndicated Content Mar 02, 2022
Nord Stream 2 says it has not filed for insolvency
(Reuters) - Swiss-based Russian gas pipeline operator Nord Stream 2 AG has not filed for insolvency, it said on Wednesday. "We do not confirm the media reports that Nord Stream 2 has filed for bankrup...
Syndicated Content Mar 02, 2022
Peoria, IL, USA
42 °F Partly cloudy
