Societe Generale can see an "extreme scenario" where Russia strips the bank of its local operations, it said on Thursday, in one of the starkest warnings yet from a Western company about the potential fallout from the war in Ukraine.
Societe Generale on Thursday warned of the possibility that Russia could strip the bank of its local operations, in one of the starkest warnings yet from a Western company about the potential impact of the war in Ukraine.
Societe Generale warned it could be stripped of its business in Russia, where it has more than 18 billion euros ($19.97 billion) of exposure, in one of the starkest indications yet by a global bank of the potential impact of fallout from Russia's invasion of Ukraine on Western banks.
Societe Generale said it could cope if stripped of its business in Russia, saying it had more than 18 billion euros ($19.97 billion) of exposure, in one of the starkest indications yet by a global bank of the potential impact of fallout from Russia's invasion of Ukraine on Western banks.
Britain will ban Russian companies from the multi-billion dollar aviation and space insurance market in London, the world's largest commercial and speciality insurance centre, the finance ministry said on Thursday.
The London Stock Exchange Group said on Thursday that applying financial sanctions on Russia following Moscow's invasion of Ukraine would have only a minor impact on its business as it suspended more Russian listings.
Entain will use excess cash on acquisitions this year rather than shareholder payouts, the British gambling firm said on Thursday, as it reported higher annual earnings boosted by the popularity of online betting during lockdowns.
Amazon.com Inc on Thursday proposed a dialogue with its warring partner Future Group to end legal battles over a contractual dispute that has soured relations between the two sides.
Amazon.com Inc and India's second-largest retailer Future Group have agreed to talks, seeking to resolve legal wrangles at the heart of a battle for supremacy in the country's vast retail sector.
Amazon.com Inc and India's second-largest retailer Future Group have agreed to talks proposed by the U.S.
Just 1% of companies who submit climate change-related data to nonprofit environmental disclosure platform CDP provide investors with the information they need to assess whether they have a credible plan for the transition to a low-carbon economy.
Home rents have risen to a seven-year high in Singapore, already one of the world's most expensive cities, even though the city-state's population has dipped in the past two years.
Terraformation, a forest restoration start-up founded by the former boss of technology company Reddit, is looking to raise $100 million for a fund focused on early-stage projects in developing countries.
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the global transition from fossil fuels to cleaner energy sources to fight climate change?
Casino companies in Macau will have their licences extended by six months, the city's Economy and Finance Secretary said on Thursday, allowing more time for a highly anticipated rebidding process in the world's biggest casino hub.
Tesla Inc Chief Executive Officer Elon Musk said on Thursday he was inviting labor union United Auto Workers (UAW) to hold a vote at the electric carmaker's California factory.
Credit Suisse Group AG joined creditors of Greensill Capital by filing lawsuits in Australia seeking compensation from the country's biggest insurer over the supply chain financier's collapse, court filings showed.
French bank Societe Generale said it was working to cut its risks in Russia, fearing Moscow's tit-for-tat response to Western sanctions, while Brazilian planemaker Embraer joined Airbus and Boeing in halting parts supplies to Russian airlines.
Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing concerns about safety due to Russia's invasion of Ukraine.
Japan Airlines Co Ltd and ANA Holdings Inc cancelled all flights to and from Europe on Thursday and cancelled or rerouted flights on Friday as well, citing safety concerns following Russia's invasion of Ukraine.
Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing safety concerns following Russia's invasion of Ukraine.
Oil prices extended their rally on Thursday, with Brent rising above $116 a barrel, as trade disruption and shipping issues from Russian sanctions over the Ukraine crisis sparked supply worries while U.S.
A Tokyo court on Thursday handed former Nissan Motor executive Greg Kelly a six-month suspended sentence for helping Carlos Ghosn hide pay from regulators, paving the way for the American lawyer to return home after more than three years in Japan.
The euro extended recent declines against sterling and the dollar on Thursday as investors worried about the impact of rising oil prices after Russia's invasion of Ukraine, while the U.S.
The euro slid to its lowest level in almost six years against Britain's pound and was pinned near 21-month lows versus the dollar on Thursday, as a fresh surge in energy prices heightened worries about the euro area economic outlook.
Japan will freeze the assets of four additional Russian banks from April 2, Finance Minister Shunichi Suzuki said on Thursday, taking to seven the total number Tokyo has slapped with such sanctions.
Asian shares crept higher on Thursday after reassuring comments from the Federal Reserve helped Wall Street rally, though the war in Ukraine sent oil and resource prices spiralling ever higher in a grim omen for global inflation.
Oil prices sped higher on Thursday as the war in Ukraine drove a mad dash for resources in an ominous sign for global inflation, while Asian shares eked out gains after reassuring comments from the Federal Reserve helped Wall Street bounce.
A group of environmental organisations has filed a lawsuit in France against the country's largest energy company TotalEnergies, accusing it of misleading consumers about its efforts to fight climate change.
In Alaska and Utah, job candidates skipped scheduled interviews and new hires failed to show up for their first day of work.
