BUSINESS

Hungary's neutral war stance puts off Ukraine refugees

Cameroon's government has signed a 420 billion CFA franc ($675.96 million) high-grade iron ore mining deal with a subsidiary of Sinosteel Corporation Limited, as China seeks new sources of the steel-making ingredient.

Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in charge of sustainable investments said in remarks that drew criticism from climate activists.

UAE conglomerate e& said on Friday it will consider joint investments with Vodafone after buying a 9.8% stake in the British company last week, and is seeking to cooperate on procurement as well as research and development.

Japan's Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars by offering low-priced micro models.

The Bank of England will need to raise interest rates further to combat the risk of self-perpetuating price rises, the central bank's chief economist, Huw Pill, said on Friday.

China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February.

German big business is drafting a plan to use an auction system to help ration available supplies in the event Russia cuts off its gas, although some fear it could punish smaller firms.

JPMorgan Chase & Co plans to make further inroads in Germany by targeting more of the medium-sized firms that form the backbone of Europe's largest economy, executives at the U.S.

Luxury goods group Richemont struck a cautious note over growth in China after its full-year profit disappointed, sending its shares sharply lower and weighing on the sector.

Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest Western firm to exit Russia.

Ukraine war casts a chill in Norwegian Arctic town

ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger.

Russia says Mariupol battle at end as Ukrainian defenders surrender

Crown Resorts Ltd's shareholders approved a $6.3 billion buyout by Blackstone Inc on Friday, but the deal faces further delays as it awaits nods from the regulators of states where the troubled casino operator ran its businesses.

China rate cut boosts Asian, European stocks

Bolsonaro to meet Elon Musk in Brazil: government source

New Zealand's central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when it meets on May 25, making a hike of that magnitude for the first time at successive meetings, a Reuters poll found.

The U.S. dollar was headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency's breathless 10%, 14-week surge.

The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the currency's breakneck 10% surge.

They were sold at Best Buy stores nationwide and on BestBuy.com.

'Straight to your soul': Japan's taiko reinvents drum tradition

Bank Indonesia will wait a few more months to raise rates from a record low despite rising inflation and aggressive moves by the U.S.

McGregor return to 'Star Wars' inspired by love for 'difficult' prequels

Russia's invasion of Ukraine sets off Latin American fertilizer race

Samsung Electronics Vice Chairman Jay Y. Lee has been excused from attending an accounting fraud trial hearing on Friday, a court spokesperson said, as he is expected to host the U.S.

Samsung Electronics Vice Chairman Jay Y. Lee hosted U.S.

Asian economies must be mindful of spillover risks as a decade of unconventional easing policies by major central banks is unwound faster than expected, International Monetary Fund(IMF) Deputy Managing Director Kenji Okamura said.

Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European Union ban on Russian oil balanced demand concerns over slowing economic growth.