BUSINESS

Signage is seen at the London offices of British American Tobacco, in London, Britain, January 15, 2021.

Tobacco Group BAT To Exit Russia, Cuts 2022 Outlook

Camel and Lucky Strike cigarette maker British American Tobacco Plc said on Friday it would exit Russia and cut its fiscal 2022 guidance as a result, the latest company to leave the country due to worries about the safety of its employees.
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How Much Extra Oil Could OPEC+ Pump To Cool Prices?

Saudi Arabia and the United Arab Emirates are among the few oil producers globally with spare capacity they could draw on quickly to increase output, help offset supply losses from Russia or elsewhere and ease prices, analysts say.
A construction worker passes a condominium site with a roll of cable in Toronto, Ontario, Canada October 8, 2021.

Canada Posts Massive Job Gain, Jobless Rate Nears 3-year Low

Canada posted a blockbuster job gain in February, easily beating expectations and more than wiping out January's decline, while the unemployment rate dropped below its pre-pandemic level for the first time, data from Statistics Canada showed on Friday.
An employee processes ingots of 99.99 percent pure gold at the Krastsvetmet non-ferrous metals plant in the Siberian city of Krasnoyarsk, Russia March 10, 2022.

Russia Shock Hurls Gold Toward Record Highs

Gold prices are likely to rise to record highs as the risk that Russia's attack on Ukraine will stifle the global economy increases demand for the metal traditionally seen as a safe store of wealth, analysts said.
A Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States, March 31, 2017.

Exclusive-Boeing Tests Suppliers On 787 Output Hikes -sources

Boeing Co is yet to see any respite from a freeze in deliveries of its 787 Dreamliner - but that has not stopped it testing suppliers' capacity to meet output scenarios as high as seven a month by end-2023, three people with knowledge of the matter said.
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.

Nasdaq, S&P 500 Drop As Tech Drags At End Of Bumpy Week

The Nasdaq and the S&P 500 fell on Friday as tech and growth shares weighed and investors worried about the conflict in Ukraine and higher inflation as attention turned to the Federal Reserve's policy meeting next week.

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