Exclusive-Amazon To Secure Unconditional EU Approval For $8.5 Billion MGM Buy - Sources
Amazon is expected to win unconditional EU antitrust approval for its $8.5 billion buy of U.S.
Davos Cold Shoulders Russians Over Ukraine War
Davos cold shoulders Russians over Ukraine war
How To Find The Cheapest Gas Prices And Save At The Pump
Retailers are offerings ways that consumers can save on their gas purchases as fuel prices continue to spike.
For BP's CEO, Russian Exit Eased By Reservations About Rosneft Stake
Within hours of Moscow launching its invasion of Ukraine, BP's chief executive summoned his senior team to discuss the limited options for its Russian operations, including separating the British energy giant's stake in Russian oil firm Rosneft or exiting completely, according to three senior BP executives.
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UniCredit, BNP Paribas Detail Hefty Russia Exposures As Sector Rebounds
Italy's UniCredit and France's BNP Paribas were the latest banks to set out their Russian exposures, warning of billions of euros in potential costs from the financial fallout from Moscow's invasion of Ukraine amid a wider sector rebound on Wednesday.
UniCredit, BNP Paribas Detail Hefty Russia Exposures As Markets Rebound
Italy's UniCredit and France's BNP Paribas were the latest banks to set out their Russian exposures, warning of billions of euros in potential costs from the financial fallout from Moscow's invasion of Ukraine amid a wider sector rebound on Wednesday.
UniCredit, BNP Paribas Reassure Investors Despite Hefty Russia Exposures
Italy's UniCredit and France's BNP Paribas reassured anxious investors on Wednesday over their respective Russian exposures, despite detailing billions of euros in potential costs from the financial shockwaves of Moscow's invasion of Ukraine.
Analysis-Ukraine Crisis Leaves European Banks' Renaissance In Tatters
Europe's struggling banks entered 2022 on a wave of optimism not seen in more than a decade, with interest rates set to rise at last, the COVID-19 pandemic receding, and profits rising.
Japanese Airline ANA Plans Belt-tightening Before Fare Hikes - Incoming CEO
Japanese airline operator ANA Holdings Inc will only raise airfares as a last resort to cover European route changes, its incoming chief executive said on Wednesday, adding that it would focus on belt-tightening first.
In Court, A Former Goldman Star Recounts His Lies And Bribes In 1MDB Deceit
In a U.S. court, former Goldman Sachs partner Tim Leissner has admitted to taking $60 million in kickbacks, lying to the bank about his corrupt deals, and twice forging divorce documents to take on new wives.
EU Hits Russia, Belarus With More Sanctions, Set To Snub Ukraine On Swift Membership
The European Union announced fresh sanctions against Russia and its ally Belarus on Wednesday but EU leaders are set to rebuff Kyiv's appeal for accelerated membership of the bloc when they meet on Thursday to discuss Russia's war in Ukraine.
EU Freezes Ties With Belarus Central Bank, Blacklists More Oligarchs
The European Union agreed new sanctions against Russia and its ally Belarus that blacklist 14 more oligarchs and freezes relations with Belarus' central bank and three top lenders there, the EU Commission said on Wednesday.
'Big Threat': Air Defences Take Centre Stage At Saudi Arms Show
'Big threat': air defences take centre stage at Saudi arms show
Harris Heads To Poland As US Rejects Fighter-jet Offer
Harris heads to Poland as US rejects fighter-jet offer
Demand Destruction To Cool World Vegoil Prices In 2nd Half - Analysts
Tight edible oil stockpiles and blocked shipments from the Black Sea area are expected to keep prices near record highs for the coming months, but sticker shock is expected to curb global consumption in the latter half of 2022, industry analysts said.
Contracts Shield Asia's EV Battery Makers From Nickel Surge, For Now
Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices amid Russia's invasion of Ukraine, thanks to long-term contracts and a diversified supply chain, companies and industry sources said.
Japanese Investors Dump Overseas Bonds In February
Japanese investors in February sold the most overseas debt in a month in nearly two years on concerns over monetary tightening by the world's major central banks and an escalation in Russia-Ukraine conflict.
Toyota To Meet Union Demands For Pay Hikes In Positive Sign Of Growth
Toyota Motor Corp agreed on Wednesday that its union demand for annual salary and bonus hikes will be fully met in the new fiscal year, President Akio Toyoda said.
Bitcoin Jumps Ahead Of Biden's Order On Digital Assets
Bitcoin surged on Wednesday ahead of an executive order that U.S.
Bitcoin Surges After Biden Signs Executive Order On Digital Assets
Bitcoin soared on Wednesday after President Joe Biden signed an executive order that requires U.S.
Bitcoin Rallies After Biden Signs Executive Order On Digital Assets
Bitcoin surged on Wednesday after President Joe Biden signed an executive order that requires U.S.
Bitcoin Jumps After Apparent Yellen Statement Quells U.S. Clampdown Fears
Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S.
U.S. LNG Exporters Emerge As Big Winners Of Europe Natgas Crisis
U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe's supply crisis as they export record volumes to the European Union for the third consecutive month at prices that have rallied since Russia's invasion of Ukraine.
Mandatory Hong Kong Covid Testing 'Not A Priority': City Leader
Mandatory Hong Kong Covid testing 'not a priority': city leader
Global LNG Demand Growth Shifts From Asia To Europe On Russia Sanctions
Asia's liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe's shift to the super-chilled fuel amid the Ukraine crisis, analysts and industry sources said.
Banks In Talks With Distressed Buyers On Russian Assets - Sources
Banks are having conversations with potential buyers on how to get rid of their exposure to Russian corporate loans, but sanctions fears and pricing uncertainty are limiting trading activity and the ability of buyers to act, several banking sources said.
Adidas Expects Russia Hit In 2022, But China Recovery
Adidas warned of a hit to sales from closing operations in Russia and COVID disruptions in Vietnam but a brighter China outlook helped send the German sportswear group's shares 10% higher on Wednesday.
Makers Of Basic Necessities Face 'Tradeoff' Supplying Russia With Cookies, Soap
Makers of everyday staples from Pampers diapers to Dove soap are walking a fine line by continuing to sell their products in Russia, as pressure grows on multinational companies to take a stand against Russia's recent invasion of Ukraine.
Lacking Oversight, Telegram Thrives In Ukraine Disinformation Battle
Lacking oversight, Telegram thrives in Ukraine disinformation battle
In Fractured Bosnia, Croats Call For Change
In fractured Bosnia, Croats call for change
Cathay Pacific Slashes Loss To $703 Mn From $2.76 Bn In 2020
Cathay Pacific slashes loss to $703 mn from $2.76 bn in 2020
Rental Car Giants Embark On Electric After Pandemic Bonanza
The $100 billion Western rental car industry, flush with cash from a profitable pandemic, is gradually getting its electric show on the road, and Chinese-made vehicles are poised to play a starring role.
'Energy Transition? Leave Us Out,' Says Nigeria Oil Minister
Developing countries should not have to target renewable energy sources and turn away from fossil fuels, Nigerian energy officials said on Tuesday, joining other emerging oil-producing nations reluctant to embrace the global energy transition trend.
Russia Inches Toward Kyiv, Its Attacks Draw War Crimes Warnings
Russia inches toward Kyiv, its attacks draw war crimes warnings
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