European, U.S. Bank Shares Recoup Some Losses; Sector Braces For Slew Of Sanctions
European and U.S. bank shares on Friday clawed back some of the previous day's steep losses as the sector starts to get to grips with a slew of sanctions unveiled this week in retaliation for Russia's invasion of Ukraine, with more due from the European Union imminently.
European, U.S. Bank Shares Recoup Some Losses Ahead Of New EU Sanctions
European and U.S. bank shares on Friday clawed back some of the previous day's steep losses as the sector started to get to grips with a slew of sanctions unveiled this week in retaliation for Russia's invasion of Ukraine.
Jeep To Launch Two New SUVs In India To Boost Sales
Stellantis' Jeep will launch two new sport-utility vehicles (SUVs) in India this year to boost sales in a market where it has struggled to establish a meaningful presence.
Porsche Could IPO In Fourth Quarter, Volkswagen CFO Says
Porsche's potential initial public offering (IPO) could happen as soon as the fourth quarter of 2022, the finance chief of the luxury carmaker's owner Volkswagen said on Friday, providing further details of what could become a record listing.
War And Oil Threaten To Overshadow BA Owner's Pandemic Recovery
British Airways-owner IAG cancelled flights to Moscow and pledged to avoid Russian airspace on Friday as the invasion of Ukraine and surging oil prices threatened its post-pandemic return to profitability.
Fresh Clashes On Pakistan-Afghanistan Border Kill Two, Wound Several
Clashes between Afghan and Pakistani security forces have killed two people and wounded several in a border region of the two neighbours, officials said, the latest in a series of such skirmishes.
Valeo Gives Cautious 2022 Outlook Amid Global Uncertainties
French car parts maker Valeo said on Friday it expected to report lower core profit margin this year amid geopolitical tensions and inflationary pressures, after 2021 margin missed the group's target.
Bosnians Head Abroad Or Despair At Home Amid Secession Threats
Bosnians head abroad or despair at home amid secession threats
Plastic Treaty Would Be Historic For Planet: UNEP Chief
Plastic treaty would be historic for planet: UNEP chief
Casino Shares Slump As 2021 Profit Falls, Debt Rises
Casino shares slumped on Friday after the supermarket group reported a 12% drop in operating profit on lower sales last year and reignited investor concerns over high debts and low cash flows.
Cellnex's Annual Net Loss More Than Doubles As Costs Swell
Cellnex said on Friday its net loss more than doubled in 2021 as Europe's largest mobile phone tower operator took on higher costs related to expansions and job cuts.
Cellnex's Core Earnings Grow 63% As Expansion Continues Apace
Cellnex reported a 63% rise in adjusted core earnings in 2021 to 1.92 billion euros ($2.15 billion) on Friday as Europe's largest mobile phone tower operator expands ahead of the roll-out of next-generation 5G technology.
Cellnex's Core Earnings Grow 63%, Says Germany Remains A Target
Cellnex remains interested in expanding into Germany Europe's largest mobile phone tower operator said on Friday after it reported a 63% rise in adjusted core earnings in 2021 to 1.92 billion euros ($2.15 billion).
Rouble Climbs Off Record Low, Russian Stocks Soar But Sanctions Bite
The rouble firmed on Friday after hitting all-time lows the previous day when Russia began invading Ukraine, while stock indexes rose sharply after their biggest one-day fall on record and the central bank stepped up support for sanctioned banks.
Hong Kong And Singapore Virus Response A Tale Of Two Very Different Cities
Hong Kong and Singapore virus response a tale of two very different cities
Analysis-Russia's Economic Defences Likely To Crumble Over Time Under Sanctions Onslaught
Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the West.
Hong Kong Families Despair As COVID Rules May Separate Them From Children
Guada, a mother of two young children and pregnant with twins, cries herself to sleep at night, worried that Hong Kong's severe COVID-19 rules will separate her from her kids or force her to give birth alone.
Philippines Marks Marcos Overthrow As Son Homes In On Presidency
Thousands of Filipinos gathered on Friday to mark the anniversary of a "People Power" uprising against late dictator Ferdinand Marcos - with a new Marcos era potentially just 10 weeks away.
'I Lost My Youth': Women Jailed For Miscarriages In El Salvador
'I lost my youth': Women jailed for miscarriages in El Salvador
Australia 'Comfortable' With Security On Eve Of Pakistan Tour
Australia 'comfortable' with security on eve of Pakistan tour
Battle For Brazil's Evangelical Vote Heats Up
Battle for Brazil's Evangelical vote heats up
Two Dead As 6.2-magnitude Earthquake Strikes Indonesia's Sumatra
Two dead as 6.2-magnitude earthquake strikes Indonesia's Sumatra
U.S. Environmental Enforcement Activity Has Dropped, Study Shows
The U.S. Environmental Protection Agency's enforcement activities have dropped sharply since 2018, as criminal fines and civil penalties paid by polluters dropped to new lows, a Washington watchdog group said Friday in a report.
Ukrainian And Russian Troops Fight On Streets Of Capital Kyiv
Ukrainian and Russian troops fight on streets of capital Kyiv
Taiwan To Join 'Democratic Countries' In Sanctions On Russia
Taiwan will join "democratic countries" in imposing sanctions on Russia over the invasion of Ukraine, the government said on Friday, with the world's largest contract chipmaker TSMC saying it would comply with all export control rules.
Ukrainian Refugees Camp Out At Polish Train Station
Ukrainian refugees camp out at Polish train station
China's Property Market Expected To Rebound Later This Year - Reuters Poll
Shaken by a liquidity crunch among developers, China's property market is expected to stay soft in the first half of 2022 before rebounding later in the year as policies aimed at encouraging buyers helps sentiment recover, a Reuters poll showed.
China's Property Market Expected To Rebound This Year
Shaken by a liquidity crunch among developers, China's property market is expected to stay soft in the first half of 2022 before rebounding later in the year as policies aimed at encouraging buyers helps sentiment recover, a Reuters poll showed.
Analysis-Shocks And Missteps: How Sri Lanka's Economy Ended In Crisis
In late November 2019, after winning Sri Lanka's presidential election and months ahead of a parliamentary ballot that would again test his popularity, Gotabaya Rajapaksa gathered his cabinet and made good on a campaign promise to slash taxes.
Airline Industry Shifts Attention To Russia Risks After Ukraine Closure
Alaska's Anchorage Airport said airlines have started making inquiries about capacity in case routes over Russia are impacted due to the Ukraine crisis, in a sign of the conflict's growing fallout for the global aviation industry.
