U.S. Preparing Further Sanctions Against Russian Oligarchs -sources
The United States is preparing a sanctions package targeting more Russian oligarchs as well as their companies and assets, two sources familiar with the matter said on Wednesday, as Washington steps up pressure on Russian President Vladimir Putin over Moscow's invasion of Ukraine.
Abercrombie's Holiday Sales Hurt By Omicron And Shortages
Clothes retailer Abercrombie & Fitch Co missed estimates for holiday-quarter sales and profit on Wednesday due to sector-wide product shortages and COVID-19 curbs, sending shares down about 11%.
Abercrombie Warns Of Weak Margins As Holiday Sales Disappoint
Clothes retailer Abercrombie & Fitch Co warned of weaker margins in 2022 after missing holiday-quarter sales and profit estimates due to product shortages and COVID-19 curbs, sending shares down more than 17% in early trading on Wednesday.
Keyboard Army Using Restaurant Reviews To Take On Russian State Media
Rather than commenting on the food and service at Russian restaurants and cafes, some users have begun posting online reviews detailing Russian actions in Ukraine to try to smuggle information past the tight control of state media.
Futures Make Tentative Gains Ahead Of Powell Testimony
U.S. stock index futures notched cautious gains on Wednesday, ahead of Federal Reserve Chair Jerome Powell's testimony for clues on interest rates as the Ukraine crisis exacerbates concerns about inflation and growth.
Wall Street Set For Opening Gains As Powell Says Rate Hikes On Track
U.S. stocks looked set to rise on Wednesday after a bruising start to the week, as Federal Reserve Chair Jerome Powell signaled the central bank would start raising rates this month despite uncertainties stemming from the Ukraine crisis.
Wall Street Rises As Powell Says Rate Hikes On Track
U.S. stock indexes rose on Wednesday after a bruising start to the week, as Federal Reserve Chair Jerome Powell signaled the central bank would start raising rates this month despite uncertainties stemming from the Ukraine crisis.
Wall St Rallies Over 1% As Powell Says Rate Hikes On Track
U.S. stock indexes rallied more than 1% on Wednesday as Federal Reserve Chair Jerome Powell signaled the central bank would start raising rates this month, although at a steady pace in the wake of the ongoing Ukraine crisis.
Wall Street Jumps; Powell Assuages Fear Of Aggressive Hike
Wall Street surged on Wednesday after Federal Reserve Chair Jerome Powell signaled the central bank would likely raise interest rates less than some investors had feared.
Wall Street Ends Sharply Higher, Powell Assuages Rate Worries
Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell signaled the central bank would likely raise interest rates less than some investors had feared.
U.S. Weighs Sanctions On Russia Energy Flows, But Time Is Not 'Right Now'
The United States is open to imposing sanctions on Russia's oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesday as oil prices surged to an 11-year high and supply disruptions mounted.
Ford Boosts EV Spending To $50 Billion, Sets Up New Model E Unit
Ford Motor Co said on Wednesday it will boost spending on electric vehicles to $50 billion, up from the previous $30 billion, through 2026 and run its EV unit separately from its legacy combustion engine business, in a move aimed at catching industry leader Tesla Inc.
Turkey's Trade Deficit Surges, Energy Costs Add To Risks
Turkey's trade deficit widened 186% year-on-year in the first two months of the year due to a surging energy bill, data showed on Wednesday, as soaring commodities prices prompted economists to raise their current account deficit forecasts.
Afghan Brothers Go On Trial In Germany For 'Honour Killing' Of Sister
Two Afghan brothers suspected of killing their sister for adopting a Western lifestyle went on trial in Berlin on Wednesday, in a case that highlights the violence against women and cultural tensions among some recent migrants to Germany.
CesiumAstro Secures $60 Million In Funding From Airbus Ventures And Others
CesiumAstro Inc, a startup that builds hardware and software for aerospace communications, said on Wednesday it has raised $60 million in funding from investors including Airbus Ventures and Kleiner Perkins.
On Land And Sea, Climate Change Causing 'Irreversible' Losses: UN
On land and sea, climate change causing 'irreversible' losses: UN
Russian Strike Stirs Symbolism At Kyiv Holocaust Site
Russian strike stirs symbolism at Kyiv Holocaust site
U.S. Shale Oil Forecasts Keep Rising As Smaller Producers Lead The Way
Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia's invasion of Ukraine, leaving smaller producers to lead output gains during the highest prices in seven years.
Texas Runoff A Show Of Strength For Progressive U.S. Democrats
Progressive Democrat Jessica Cisneros' primary challenge to U.S.
Top Oil Producers Hold Course Despite Ukraine War
Top oil producers hold course despite Ukraine war
Remember Ukrainians In Shelters, Pope Says; Thanks Poland For Refugee Help
Pope Francis on Wednesday asked people around the world to remember Ukrainians in underground shelters seeking protection from bombardments and thanked Poland for taking in the bulk of refugees from the war.
As Russia Steps Up Assault, Ukrainians Beat Weary Path To Safety
Thousands of people fleeing fierce fighting in Ukraine streamed across central European border crossings on Wednesday as Russian troops bombarded Ukrainian cities and looked poised to advance on the embattled capital, Kyiv.
As Russia Steps Up Assault, The Fleeing Fear For Fathers Left Behind
Thousands of people fleeing fierce fighting in Ukraine streamed across central European border crossings on Wednesday as Russian troops bombarded Ukrainian cities and looked poised to advance on the embattled capital, Kyiv.
Key Hong Kong Businessman Urges Clear Govt Messages Amid COVID Lockdown Fears
The international reputation of Hong Kong as a financial hub has been "very damaged", prominent businessman and government adviser Allan Zeman said on Wednesday, as authorities' confusing messages over their coronavirus strategy spread alarm.
Fighting Rages In Ukraine As Russian Troops Claim City
Fighting rages in Ukraine as Russian troops claim city
Ceasefire Talks Mooted After Russia Shells Ukrainian Cities
Ceasefire talks mooted after Russia shells Ukrainian cities
In Cameroon's Arid North, Climate Stress Boosts Ethnic Strife
In Cameroon's arid north, climate stress boosts ethnic strife
Euro Zone Inflation Soars To New High, Intensifying ECB Dilemma
Euro zone inflation soared to another record high last month, intensifying a policy dilemma for the European Central Bank, which will need to convey a sense of calm amid war-related market turmoil but also respond to mounting price pressures.
Russian-Ukrainian Couple Make Five-day Escape To Hungary From Kyiv
Russian software engineer Mikhail Liublin and his Ukrainian girlfriend travelled on trains and buses for five days to get to Hungary from Kyiv, hearing bombs go off en route and sometimes thinking they would not make it.
IAEA Chief To Visit Iran In Possible Boost To Nuclear Deal
The head of the International Atomic Energy Agency will visit Tehran on Saturday, the agency confirmed on Thursday, raising the prospect of progress on one of the last thorny issues blocking a revival of the 2015 Iran nuclear deal.
