Category Archives:
Exclusive-India’s top lender stops handling trade with sanctioned Russian entities -sources
By Nidhi Verma and Nupur Anand NEW DELHI/MUMBAI (Reuters) - India's top lender will not process any transactions involving Russian entities subject to international sanctions imposed on Russia after i...
Feb 28, 2022
Credit Suisse’s Private Banking Switzerland to be part of Swiss business
ZURICH (Reuters) - Credit Suisse's Private Banking Switzerland will be part of its Swiss business from April 1 rather than of the newly created wealth management unit, the bank said in an internal mem...
Feb 28, 2022
Microsoft to remove RT apps, ban Russian state-owned media ads
(Reuters) - Microsoft Corp said on Monday it would remove Russian state-owned media outlet RT's mobile apps from the Windows App store and ban advertisements on Russian state-sponsored media, as globa...
Feb 28, 2022
Russia sanctions lift borrowing costs for dollars in funding markets
(Refiling to remove MONEY MARKETS headline tag, make slug UPDATE 3 instead of UPDATE 2) By Dhara Ranasinghe, Saikat Chatterjee and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The cost of rais...
Feb 28, 2022
Mexico’s Pemex posts $6 billion fourth-quarter loss versus year-ago profit
MEXICO CITY (Reuters) - Mexican state oil company Pemex reported a $6.05 billion fourth-quarter net loss on Monday, compared with a year-ago profit, driven by currency exchange losses plus a higher ta...
Feb 28, 2022
Exclusive-Tax energy firms’ windfall profits to raise green cash, EU to tell countries – sources
By Foo Yun Chee and Kate Abnett BRUSSELS (Reuters) - The European Commission will propose that member countries tax the profits energy companies made from recent gas price spikes and invest the revenu...
Feb 28, 2022
NYSE, Nasdaq halt trading in stocks of Russia-based companies
By John McCrank NEW YORK (Reuters) -Nasdaq Inc and Intercontinental Exchange Inc's NYSE have temporarily halted the trading in stocks of Russia-based companies listed on their exchanges, their website...
Feb 28, 2022
Colombia’s SURA will keep looking for partner after acquisition offer ends
BOGOTA (Reuters) - Colombia's largest investment holding company Grupo SURA said on Monday it will restart the search for a possible strategic partner after the end of a public acquisition offer by ma...
Feb 28, 2022
‘Emerging from a darkness’: Mardi Gras revelers shed pandemic woes
By Brad Brooks NEW ORLEANS (Reuters) - Mark Childress wrapped his black and gold sequin-studded robe tight against a cool night wind and surveyed the thousands of revelers gathering for the city's fir...
Feb 28, 2022
Telcos allow free calls to Ukraine, waive roaming charges
By Foo Yun Chee BRUSSELS (Reuters) - From Deutsche Telekom to AT&T to Vodafone, more than a dozen telecoms providers on both sides of the Atlantic are either providing free international calls to Ukra...
Feb 28, 2022
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