BUSINESS

Italy's UniCredit Considering Exiting Russia-CEO

A logo of UniCredit is seen in downtown Milan, August 18, 2014. Picture taken on August 18, 2014.
UniCredit is studying ways to exit Russia following the invasion of Ukraine, but needs to find a solution for its 4,000 local staff and European companies it serves which are also trying to leave, the Italian bank's CEO said.
A logo of UniCredit is seen in downtown Milan, August 18, 2014. Picture taken on August 18, 2014.

Italy's UniCredit Says Considering Exiting Russia

UniCredit is studying ways to exit Russia following the invasion of Ukraine, but needs to find a solution for its 4,000 local staff and European companies it serves which are also trying to leave, the Italian bank's CEO said.
More news
A model of 3D-printed oil barrels is seen in front of displayed stock graph in this illustration taken, December 1, 2021.

Oil Price Benchmarks Fall Below $100, First Time In Weeks

Oil prices tumbled more than 6% on Tuesday to their lowest in almost three weeks, as Russia suggested it would allow a revival of the Iran nuclear deal to go forward and as traders worried growing pandemic lockdowns in China could dent demand.
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan's Nikkei index and various countries' stock market index prices outside a brokerage in Tokyo, Japan, February 22, 2022.

COVID, War And Fed Push World Stocks Down For 4th Day

World stocks fell for a fourth consecutive session on Tuesday as a combination of rising COVID-19 cases in China, the war in Ukraine and worries about the Federal Reserve raising interest rates this week for the first time since 2018 hit confidence.
Currency signs of Japanese Yen, Euro and the U.S. dollar are seen on a board outside a currency exchange office at Narita International airport, near Tokyo, Japan, March 25, 2016.

Fed Meeting Hogs Spotlight, Yen Keeps Sliding

The yen remained under pressure on Tuesday and the euro edged higher as talks between Russian and Ukrainian negotiators continued, but moves were more muted than in recent days as the market's attention turned to this week's Fed meeting.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.