BUSINESS

The crisis at Toshiba Corp may have a silver lining for new boss Taro Shimada, allowing him to keep - at least for now - businesses pivotal to his digital strategy that predecessors had planned to sell.

Major shareholders in Ericsson, including Cevian Capital, Swedbank Robur and Norway's wealth fund, will vote against a motion to clear some board members of responsibility over possible payment of bribes to militant organisations in Iraq, deepening a crisis at the Swedish company that has cut its market value by a quarter.

Dutch brewing giant Heineken said on Monday it has decided to exit its business in Russia at an expected cost of 400 million euros ($438 million), after previously saying it would only halt new investment and exports to the country.

Telecom Italia (TIM) shares rose on Monday as Italy's biggest telecoms company confirmed CVC's interest in taking a stake in its enterprise service arm, while it is also weighing a takeover approach for the group by KKR.

Britain's Ted Baker said on Monday it had rejected two unsolicited takeover proposals from private-equity firm Sycamore Partners Management as they significantly undervalued the fashion retailer.

Japan's prime minister will order the government on Tuesday to put together a fresh relief package by the end of April to cushion the economic blow from rising fuel and food costs, fanned by the Ukraine crisis.

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency assets, top government officials said on Monday.

Two measures of the U.S. Treasury yield curve that are widely watched for recession warnings have veered in opposite directions, raising questions as to what degree central bank bond buying and other technical factors may be distorting the signals on the economy's path.

Taliban ban Afghan women from flying without male relative

Oil sinks on China demand fears; US stocks boosted by Ukraine talks

Struggling to swim against the tide taking interest rates higher globally, the Bank of Japan staunchly defended its 0.25% yield cap on Monday by offering to buy an unlimited amount of government bonds for the first four days of this week.

The Bank of Japan on Monday offered to buy unlimited amounts of 10-year Japanese government bonds (JGBs) at 0.25%, stepping into the market to defend its implicit yield cap for the second time this year.

The Japanese yen crashed to a six-year low versus the dollar on Monday, and headed for its biggest monthly loss since 2016 after the Bank of Japan moved to contain rising bond yields, even as U.S.

The dollar hit a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while U.S.

The dollar surged to a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while U.S.

Oil prices slid on Monday as a coronavirus lockdown in Shanghai fueled worries about weak demand, while the yen's stomach-churning descent continued as the Bank of Japan stood in the way of higher yields.

Verstappen relief at 'kick-starting' title defence in Jeddah

Sainsbury's shareholders are set to vote on a resolution at this year's annual meeting calling for Britain's second biggest supermarket group to commit to paying the so called real Living Wage to all its workers by July 2023.

Oil prices fell more than $3 on Monday as fears over weaker fuel demand in China grew after its financial hub of Shanghai launched a planned two-stage lockdown on Monday to contain a surge in COVID-19 infections.

Last EU train out of Russia arrives in Helsinki

Oil industry analysts don't see the oil market bull running for too long.

The number of consumers who report living paycheck to paycheck has increased significantly since 2021 across all income brackets.

Ahead of new peace talks, Zelensky says eying Russia neutrality demand

There is no doubt the sanctions imposed by the U.S. and its allies have had a devastating impact on the Russian economy.

China accused Taiwan's leadership of putting the already strained global semiconductor supply chain at risk by pursuing policies that raise tensions in the Taiwan Straits.

Soaring global oil prices should be a windfall to the Iranian regime. The nation could refuel its bankrupt economy and relieve the enormous poverty and social unrest that threatens to explode.

Hong Kong halves flight suspensions triggered by Covid cases

Macron's rivals turn up the volume two weeks from vote

Second black box of crashed China Eastern plane recovered