Euro Zone Inflation To Run Hot, Fan Recession Risk: Reuters Poll
Recession risks in the euro area are rising, with euro zone inflation seen running hot for the remainder of 2022 and the European Central Bank likely to increase its deposit rate by year-end, a Reuters poll showed.
Gold Flat As Firm Dollar, Yields Counter Ukraine Uncertainty
Gold was flat in range-bound trade on Thursday, as the uncertainty over the Ukraine conflict offset pressure from firmer dollar and yields following the U.S.
Gold Firms As Ukraine Crisis Perks Up Demand For Inflation Hedge
Gold prices inched up on Thursday, as inflation worries intensified by the Ukraine war and mounting sanctions on Russia eclipsed pressure from the U.S.
Gold Firms As Ukraine Crisis Lifts Demand For Inflation Hedge
Gold prices rose on Thursday, as inflation worries intensified by the Ukraine war and mounting sanctions on Russia eclipsed pressure from the U.S.
Gold Rises As Inflation, Ukraine Concerns Lift Appeal
Gold prices gained on Thursday as inflation worries coupled with the Ukraine crisis bolstered the bullion's appeal as an inflation hedge, but the U.S.
Gold Rises On Inflation, Ukraine Concerns
Gold prices rose on Thursday as concerns over rising costs and the Ukraine crisis bolstered its appeal as an inflation hedge and a safe haven, but the U.S.
Atlantia Shares Surge As Rival Bidders Circle
Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder, the two funds said.
Benettons Pose Road Block For Atlantia Suitors
Global Infrastructure Partners and Brookfield Infrastructure have pitched a possible takeover of Italian road and airport operator Atlantia but face opposition from the Benetton family, which controls the group.
Benettons Reject Fund Approach For Road Operator Atlantia
The Benetton family, which controls Italy's Atlantia, has told Global Infrastructure Partners (GIP) and Brookfield it is not interested in the funds' takeover approach for the Italian road and airport operator.
Turkish Court Halts Khashoggi Trial, Transfers It To S.Arabia
A Turkish court on Thursday halted the trial of Saudi suspects over the killing of journalist Jamal Khashoggi and transferred it to Saudi Arabia, a ruling that drew condemnation from rights groups and comes as Ankara mends ties with Riyadh.
Walmart's Flipkart Raises IPO Valuation Target To $60-70 Billion, Eyes 2023 Listing-sources
Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a U.S.
Le Pen Shrugs Off 'Doom-mongering' By Markets Over Sunday's Election
French far-right candidate Marine Le Pen shrugged off market jitters triggered by her good ratings ahead of Sunday's first round of the presidential election, saying her "serious" programme was meant to work for voters, rather than markets.
Thousands Of Goods Railcars Stuck At Ukraine's Border As War Hits Exports
In western Ukraine, some 1,100 train wagons carrying grain are stuck near the main rail border crossing with Poland, unable to transport their cargo abroad.
The Race To Dominate Satellite Internet Heats Up
The race to dominate satellite internet heats up
Online Gambling Firm 888 Soars On Deal To Pay Less For William Hill Assets
British online gambling firm 888 will pay a smaller price to buy William Hill's international assets from U.S.-based owner Caesars Entertainment, the companies said on Thursday, citing changes in economic and regulatory conditions.
Oil Tanker Groups Euronav And Frontline Plan $4.2 Billion Tie-up
Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that they said would cut costs and help in their low-carbon transition.
Indonesia President Seeks To End Talk He Is Angling For A New Term
Indonesian President Joko Widodo has sought to rein in speculation that he intends to stay in office beyond his legally mandated two terms, ordering ministers this week to cease calls for an extension or postponement of elections due in 2024.
UK Financial Watchdog Promises To Shut Down Failing Firms Faster
Britain's financial watchdog said on Thursday it will create 80 new jobs to shut down problem companies faster as it faces pressure from lawmakers to deal with corporate collapses more efficiently and tackle a rising volume of scams.
Fifty-two Dead In Station Bombing As Civilians Flee Eastern Ukraine
Fifty-two dead in station bombing as civilians flee eastern Ukraine
Yemen President Cedes Powers To Council As Ceasefire Holds
Yemen president cedes powers to council as ceasefire holds
Shell Raises Russia Writedown To As Much As $5 Billion
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday.
Analysis-Guns And Power: Positioning For New Era In European Stocks
A month of the war in Ukraine briefly erased a year's worth of gains for European equities but the continent's bourses have quickly recovered as investors have poured money into sectors such as energy and defence which are poised to benefit from one of the deepest policy shifts in the region in decades.
Maldives Shelters Sanctioned Russian Billionaires' Yachts
A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union's sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in Maldives' waters, maritime data shows.
The Metaverse Threat: 'TV Will Die With Its Audience'
The metaverse threat: 'TV will die with its audience'
U.S. And NATO Allies Pledge More Arms To Ukraine
The United States will send new weapon systems to Ukraine, Washington's top diplomat said on Thursday after NATO foreign ministers agreed to accelerate arms deliveries in response to Russia's invasion.
Gold Eases As Dollar, Yields Rise After Hawkish Fed Minutes
Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S.
Bearish Bets On Asian FX Ease As Central Banks Tilt Towards Rate Hikes - Reuters Poll
Bearish bets on most Asian currencies eased as regional central banks sought to normalise policy due to surging inflation, while investors turned bullish on Singapore dollar for the first time in over a month, a Reuters poll found on Thursday.
Stock Rebound Wobbles As Investors Zero In On Hawkish Fed
The rebound that saw U.S. stocks surge from last month's lows has started to falter, as investors factor in faster monetary policy tightening by the Federal Reserve, soaring inflation and ongoing geopolitical upheaval stemming from the war in Ukraine.
Analysis-Aggressive Fed Balance Sheet Runoff Could Jolt Flattened Yield Curve
Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the flattening Treasury yield curve, which has been flashing warnings of a potential recession.
Speed Up EU Climate Policies To Wrest Free From Russia, 11 Countries Say
European Union nations should speed up negotiations on new climate change policies and also increase the ambition of those proposals to quit Russian fossil fuels as soon as possible, 11 countries said on Thursday.