IBT Staff Reporter

17011-17040 (out of 154954)

Lessors Face Legal Quagmire As Russian Plane Repos Stall

Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from Russian airlines have received mostly radio silence as experts warn of legal wrangling that could last a decade.

Bolsonaro Suffers Setback On Bill To Mine Indigenous Lands

Brazil's far-right president, Jair Bolsonaro, suffered a setback on Wednesday in his effort to rush through a law that would allow mining on indigenous reservations, which he had argued was necessary because Brazil needed fertilizer supplies.

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.

Food Crisis Grows As Spiralling Prices Spark Export Bans

A global food crisis sparked by Russia's invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing countries seeking to keep vital food supplies within their borders.

Italy Industry Output Dives, Growth Outlook Weakens

Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro zone's third largest economy weakens amid surging energy prices.

Wall St Set To Bounce Back As Tech, Banks Surge

Wall Street's main indexes were set to bounce back on Wednesday after four straight sessions of losses as oil prices eased and investors snapped up stocks hammered by concerns over Western sanctions on Russia following its invasion of Ukraine.

Wall Street Rebounds On Bank, Tech Boost

Wall Street's main indexes rallied on Wednesday as investors piled into banking and technology sectors that have suffered sharp losses this week on concerns about the fallout from the Ukraine crisis, with sentiment lifted by a fall in oil prices.

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