Africa's MTN Resumes Dividend After Bumper Annual Profit
Africa's largest mobile operator by subscribers, MTN Group, resumed annual dividends on Wednesday, declaring a higher payout than previous guidance as a divestment plan made progress and the firm reported higher profit.
Explainer-Fighter Jets To Ukraine A Step Too Far For NATO Wary Of War With Russia
Washington rejected Warsaw's proposal to transfer Polish MiG-29 fighter jets to Ukraine through a U.S.
Ukraine War Fuels Bosnian Businesses' Growth, Instability Fears
Bosnian businesses, already grappling with domestic instability and anaemic economic growth, fear further turmoil from potential fallout from the war in Ukraine as Western-led sanctions against Russia threaten to shut out an important market.
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.
Gold, Palladium Retreat From Highs As Risky Assets Stabilize
Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in case of a further escalation in the Ukraine crisis.
Gold, Palladium Beat Fast Retreat As Risky Assets Bounce Back
Palladium slid as much as about 9% on Wednesday to lead a sharp reversal in precious metals, while gold shed over 3%, as a retreat in oil prices helped riskier assets stage a comeback following sharp declines spurred by the Ukraine war.
'Brothers Forever': Many In Serbia Back Russia Amid Global Outcry
'Brothers forever': many in Serbia back Russia amid global outcry
Apple To Chime Louder In Asia With 5G IPhone SE
Apple Inc's low-cost 5G model should enhance the iPhone maker's appeal in Asia where it is in a stiff battle with multiple rivals from Samsung to Vivo, analysts believe.
Delivery App Glovo To Provide Humanitarian Support In Ukraine
Spanish online delivery platform Glovo has partially resumed operations across 20 Ukrainian cities, including the capital Kyiv, to provide essential services and give humanitarian support, it said on Tuesday.
Davos Cold Shoulders Russians Over Ukraine War
Davos cold shoulders Russians over Ukraine war
Volkswagen Reimagines Classic Camper For The Electric Age
Volkswagen reimagines classic camper for the electric age
Orchestra Plays National Anthem In Central Kyiv As Russians Advance
On a Kyiv square where recent popular uprisings have scuppered Moscow's ambitions in Ukraine, an orchestra assembled before a small crowd on Wednesday to play the national anthem as Russian forces advanced on the city.
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.
U.S. House Approves Ukraine Emergency Aid; Funding To Avert U.S. Gov't Shutdown
The U.S. House of Representatives on Wednesday voted to rush $13.6 billion in aid to Ukraine as it battles invading Russian forces, along with $1.5 trillion to keep U.S.
U.S. House Approves Ukraine Aid, Russia Oil Ban, Funds Averting U.S. Gov't Shutdown
The U.S. House of Representatives on Wednesday voted to rush $13.6 billion in aid to Ukraine as it battles invading Russian forces, along with $1.5 trillion to keep U.S.
Nestle Suspends Capital Investment In Russia
Nestle, the world's largest packaged food group, said on Wednesday it had suspended all capital investment in Russia following its invasion of Ukraine.
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.
Campbell Soup Sees Better 2022 Margins On Easing Obstacles
Packaged food maker Campbell Soup Co posted below-expectation quarterly sales on Wednesday but forecast better profit margins for the second half of 2022 thanks to easing supply chain constraints and a fuller workforce.
Trial Begins For Four Men Accused Of Plotting To Kidnap Michigan Governor
Lawyers for four men standing trial on charges they planned to break into Michigan Governor Gretchen Whitmer's vacation home and kidnap her at gunpoint said their clients only engaged in idle talk and never conspired to abduct the governor over her COVID-19 mandates.
Suzuki's Hungarian Factory Suspends Car Exports To Russia And Ukraine
Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company said on Wednesday, in one of the first signs of the conflict hitting the broader economy in the region.
On Syrian Frontline, Russia's War On Ukraine Evokes Painful Memories
Using trench and tunnel warfare, Syrian rebel fighter Abu Ahmad said he and his group held out for years against government forces in eastern Ghouta until Russian air power came to President Bashar al-Assad's aid in 2015, to devastating effect.
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.
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 Detail Hefty Russian 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.
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.
Tech-heavy Nasdaq Climbs 3% On Bargain Hunting, Easing Oil Prices
The tech-heavy Nasdaq surged 3% on Wednesday, leading a rally on Wall Street as sharp losses this week from worries over the fallout of the Ukraine crisis saw investors scoop up beaten-down stocks, with sentiment lifted by a pullback in oil prices.