Confiscating the assets of companies that have fled Russia after the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the calamitous days of the 1917 Bolshevik revolution, metals magnate Vladimir Potanin said.
The world's biggest eyewear company EssilorLuxottica reported strong sales growth in the fourth quarter, rising further above pre-pandemic levels and boosted by its performance in the United States and its GrandVision acquisition.
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Oil prices settled higher on Friday but posted their steepest weekly decline since November, as traders assessed potential improvements to the supply outlook that has been disrupted by Russia's invasion of Ukraine.
Oil prices rose Friday but were still headed for a weekly decline as traders weighed headlines around Russia and Iran suggesting more possible supply disruptions, versus those promising remedies in a tight market.
Oil prices went in and out of positive territory Friday and were headed for their biggest weekly decline since November as traders looked towards ways in which disruptions of Russian oil supply could be remedied in a tight market.
Oil prices rose on Friday on continued concerns about supply disruptions for Russian oil and oil products, but were on track for their biggest weekly decline since November after another volatile week.
Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply to market from other major producers.
Oil prices stabilised on Friday and were on track for their biggest weekly drops since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply to market from other major producers.
Oil prices clawed back some losses on Friday but were on track for their biggest weekly drops since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply to market from other major producers.
Toyota Motor Corp will scale back domestic production by up to 20% during the months of April, May and June, it said on Friday, to ease the strain on suppliers struggling with shortages of chips and other parts.
The dollar edged higher on Friday while other safe-haven and commodity-linked currencies declined, after Russian President Vladimir Putin said there had been some progress in talks between Moscow and Ukraine.
The euro rose on Friday after Russian President Vladimir Putin said there had been some progress in Moscow's talks with Ukraine.
The euro steadied on Friday but was still set for weekly gains as the European Central Bank's announcement that it will phase out its stimulus lent support to the single currency.
The dollar hit a new five-year top on the yen on Friday after a strong U.S.
The dollar hit a new five-year high on the yen on Friday after a strong U.S.
The salad dressing may contain hard plastic.
Russia curbs Instagram over 'death to invaders' posting rule
U.S. regulators on Thursday issued final rules eliminating the need for automated vehicle manufacturers to equip fully autonomous vehicles with manual driving controls to meet crash standards.
Japan's household spending rose in January but the business mood sank in the first quarter as rising raw material costs squeezed corporate margins, leaving the country's resource-poor economy facing a hard grind ahead.
New Zealand's tight COVID-19 bubble was once globally lauded but for local business, the strict border controls increasingly feel like a straitjacket as a lack on foreign workers and tourists squeezes the island nation's economy.
Apple has had a simple business strategy: release several models of high-priced iPhones to market to affluent global consumers.
U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides as oil prices have surged well above $100 a barrel: in no rush to rapidly boost production.
