With KKR Looming, Italy's TIM Sets Out Standalone Benefits
Telecom Italia's (TIM) new boss said all shareholders stood to benefit from his standalone plan, setting it out as an alternative to a 10.8 billion euro ($12 billion) approach from U.S.
SocGen Could Be Stripped Of Russia Arm In 'Extreme Scenario'
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.
SocGen Fears Confiscation Of Russia Assets As Banks Prepare For Worst
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.
SocGen Warns It Could Be Stripped Of Russian Business
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.
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Amazon Calls For Dialogue With India's Future Amid Raging Legal Dispute
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, India's Future Agree To Talks, Aim To Resolve Bitter Legal Dispute
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 And India's Future Agree To Talks After The U.S. Retailer Offers Olive Branch
Amazon.com Inc and India's second-largest retailer Future Group have agreed to talks proposed by the U.S.
Almost All Climate-related Corporate Disclosures Are Inadequate, CDP Says
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.
Pricey Singapore Rents Go Through The Roof Even As Population Dips
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 Targets $100 Million For Early Stage Forestry Fund
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.
Explainer - Why $100 Oil Could Hurt The Energy Transition More Than It Helps
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?
Macau Government Extends Casino Licences To December
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.
Musk Invites UAW Union To Hold Vote At Tesla California Factory
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 Files Lawsuits Against Australia's IAG Over Greensill Collapse
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.
SocGen, Citi Seek To Cut Russia Exposure, Embraer Halts Parts Supply
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's JAL, ANA Cancel All Flights To And From Europe On Thursday
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's JAL, ANA Cancel Or Reroute Europe Flights Due To Ukraine Crisis
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's JAL, ANA Cancel All Europe Flights On Thursday
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 Jumps, Brent Above $116/bbl As Supply Issues Persist
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.
Former Ghosn Deputy Set For U.S. Return After Suspended Sentence
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.
Euro Extends Recent Fall; U.S. Dollar Gains On Data, Powell Comments
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.
Battered Euro Hits Lowest Since 2016 Vs Sterling, Oil Surge Bites
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 To Freeze Assets Of Four More Russian Banks From April 2
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.
Oil Leads Mad Resource Rush, Leave Equities Behind
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 Leads Mad Rush To Resources, Stagflation A Risk
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.
Environmental Groups Sue TotalEnergies Over Climate Marketing Claims
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.
Who Can Fix The Price Tags? U.S. Businesses Hit By Labor Shortages, Inflation
In Alaska and Utah, job candidates skipped scheduled interviews and new hires failed to show up for their first day of work.
Nearly 17,000 Russian, Ukrainian Tourists Stuck In Dominican Republic
Nearly 17,000 Russian, Ukrainian tourists stuck in Dominican Republic
PayPal Stops Accepting New Users In Russia
Online payments company PayPal Holdings Inc stopped accepting new users in Russia on Wednesday given current circumstances, a company spokesperson told Reuters.
Russia ETF Draws Meme Stock-like Trading Frenzy
The battered shares of Van Eck's Russia ETF have attracted a surge of trader interest and drawn comparisons to last year's so-called meme stock frenzy, as investors seek ways to capitalize on market gyrations caused by the Ukraine crisis.
Fitbit Recalls 1.7 Mn Smartwatches Due To Burn Risk
Fitbit recalls 1.7 mn smartwatches due to burn risk
Google Mandates Workers Back To Silicon Valley, Other Offices From April 4
Alphabet Inc's Google from April 4 will require employees back about three days a week in some of its U.S., U.K.
Citigroup Could Lose Billions Of Dollars In Russia In Worst Scenario -CFO
Citigroup Inc could face billions of dollars of losses at its Russian business under the worst case scenario, although it expects its actual losses to be less than that, Chief Financial Officer Mark Mason said on Wednesday.
Citigroup Could Lose Billions In Russia, Bank Helping Staff Leave Ukraine -executives
Citigroup Inc could face billions of dollars of losses at its Russian business and is helping some of its 200 staff in Ukraine leave the country following Russia's invasion, executives said on Wednesday.
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