Category Archives:
Swiss freeze more than $6 billion worth of sanctioned Russian assets
ZURICH (Reuters) - The Swiss government has frozen around 5.75 billion Swiss francs ($6.17 billion) worth of Russian assets in Switzerland covered by sanctions, and the number is likely to rise, a gov...
Mar 24, 2022
U.S. and Japan strike deal on beef tariffs
By Andrea Shalal WASHINGTON (Reuters) - The United States and Japan on Thursday announced an agreement that will allow American farmers and ranchers to meet Japan's growing demand for U.S. beef and lo...
Mar 24, 2022
Moderna raises full-year COVID vaccine sales forecast to $21 billion
(Reuters) - Moderna Inc on Thursday raised its full-year forecast for sales of its COVID-19 vaccine to roughly $21 billion from $19 billion. The company in February forecast sales of $19 billion from ...
Mar 24, 2022
U.S. to accept up to 100,000 Ukrainians fleeing war -sources
BRUSSELS/WASHINGTON (Reuters) - The United States plans to accept up to 100,000 Ukrainians fleeing the Russian invasion, two sources familiar with the forthcoming announcement told Reuters. The expect...
Mar 24, 2022
Malaysia’s four telecoms majors to explore equity stake offer in state 5G agency
KUALA LUMPUR (Reuters) - Malaysia's four major telecoms firms will explore the government's offer of an equity stake of up to 70% in the state 5G agency Digital Nasional Berhad, they said in a joint s...
Mar 24, 2022
ECB to tighten banks’ access to loans after pandemic-era largesse
FRANKFURT (Reuters) - The European Central Bank will tighten banks' access to its liquidity from July by phasing out exceptionally easy collateral rules introduced at the onset of the coronavirus pand...
Mar 24, 2022
China’s JD Logistics aims to raise $1.1 billion from new shares
By Scott Murdoch SYDNEY (Reuters) - JD Logistics is looking to raise $1.1 billion from a $700 million share placement with its parent company JD.Com plus a $400 million primary capital raising, accord...
Mar 24, 2022
Germany unveils energy relief package
BERLIN (Reuters) - Germany's ruling coalition unveiled on Thursday a package of relieve measures for households grappling with exploding energy costs resulting from Russia's invasion of Ukraine, inclu...
Mar 24, 2022
BYD says partners up with Shell for ventures in China, Europe
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker BYD said on Thursday it has signed a strategic cooperation agreement with Shell that will see the two partner up on ventures in both China and ...
Mar 24, 2022
Swiss National Bank says it has sold most of its Russia-related assets
ZURICH (Reuters) - The Swiss National Bank (SNB) has sold most of its Russia-related assets and sees only limited risk for the Swiss financial sector from the war in Ukraine, its chairman said on Thur...
Mar 24, 2022
Peoria, IL, USA
78 °F Partly cloudy
