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Explainer-Russia walks the plank to a foreign bond default
By John O'Donnell and Sujata Rao FRANKFURT (Reuters) - Russia's failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another step closer to its...
Syndicated Content Jun 03, 2022
EU blacklists “butchers” of Bucha and Mariupol in latest Russia sanctions
By Gabriela Baczynska BRUSSELS (Reuters) - The European Union on Friday blacklisted Russian military commanders who it said led troops involved in atrocities in Ukraine, describing them as the "butche...
Syndicated Content Jun 03, 2022
Exclusive-UniCredit widens search for buyers to sell out of Russia – sources
By Giselda Vagnoni and Valentina Za MILAN (Reuters) - Italian bank UniCredit has widened its search for a buyer for its Russian business beyond local investors, as it steps up efforts to leave the cou...
Syndicated Content Jun 03, 2022
Marriott to suspend operations in Russia
(Reuters) - Marriott International Inc said on Friday it will suspend its operations in Russia after more than 25 years. The company on March 10 decided to pause the opening of upcoming hotels and all...
Syndicated Content Jun 03, 2022
U.S. jobs report shows Fed-friendly moderation, but still strong hiring
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) - U.S. jobs gains of 390,000 in May and still strong wage growth leave the Federal Reserve on track for half point interest rate increases...
Syndicated Content Jun 03, 2022
EU sanctions Russia’s settlement depository which services Eurobonds
(Reuters) - The European Union has expanded sanctions against Russia and added the National Settlement Depository, which Moscow planned to use to service the country's Eurobonds, to the list of sancti...
Syndicated Content Jun 03, 2022
Kellogg’s defeats lawsuit over Chocolate Fudge Pop-Tarts
By Jonathan Stempel (Reuters) - A U.S. judge has dismissed a proposed class action accusing Kellogg Co of defrauding consumers about the content of its Frosted Chocolate Fudge Pop-Tarts, one of severa...
Syndicated Content Jun 03, 2022
EU seeks to speed up trade deals as Ukraine war forces rethink
By Philip Blenkinsop BRUSSELS (Reuters) - The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine war ...
Syndicated Content Jun 03, 2022
Factbox-Elon Musk hints at an impending recession
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk on Friday sent an email to his executives ordering a hiring freeze and job cuts, making the email his most direct message on the risks of a rece...
Syndicated Content Jun 03, 2022
U.S. service sector growth slows again in May – ISM survey
WASHINGTON (Reuters) - U.S. services industry growth slowed for a second straight month in May, but businesses reported strong gains in new domestic and export orders, a survey showed on Friday. The I...
Syndicated Content Jun 03, 2022

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