Shares choppy ahead of NATO summit on Russia-Ukraine war Bond yields start to rise again in volatile trading Oil remains above $120 a barrel Eurozone PMIs stronger than expected LONDON, March 24 (Reuters) – World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while “stagflation” worries rose […]
Banks face mounting pressure to commit to custody roles Banks say they will meet existing client obligations Some clients afraid exits will follow as costs soar LONDON/NEW YORK, March 23 (Reuters) – Global banks including Citigroup Inc (CN), JPMorgan Chase & Co (JPM.N) and Societe Generale (SOGN.PA) face pressure to commit to remaining as custodian […]
An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO/SEOUL, March 23 (Reuters) – LG Energy Solution (373220.KS) (LGES), a supplier for electric car makers Tesla and Lucid, said on […]
US stocks advance, echoing gains in Europe 10-year Treasury yields hit highest level since 2019 Oil prices give back some gains Gold dips, Bitcoin advances BOSTON/LONDON, March 22 (Reuters) – US stocks regained ground on Tuesday, while Treasury yields climbed higher and oil dipped, as investors adjusted their expectations for rate hikes following hawkish comments […]
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON/TOKYO, March 17 (Reuters) […]
TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed […]
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade Register now for FREE unlimited access to Reuters.com Register MSCI Asia ex-Japan up more than 3%, Nikkei +1.7% China Vice Premier comments trigger jump in Chinese shares US Treasury yields down from June […]
Allianz says stopped insuring new business in Russia Swiss Re says not renewing business with Russian clients Europe’s securities regulator says ensuring orderly markets Deutsche changes position late on Friday FTSE Russell ejects four UK-listed, Russia-focused stocks FRANKFURT/LONDON/ZURICH, March 14 (Reuters) – Allianz (ALVG.DE) and Swiss Re (SRENH.S) said on Monday they were cutting back […]
A medical worker in a protective suit collects a swab from a worker for nucleic acid testing at a Foxconn factory, following new cases of the coronavirus disease (COVID-19) in Wuhan, Hubei province, China August 5, 2021. Picture taken August 5 , 2021. China Daily via REUTERS Register now for FREE unlimited access to Reuters.com […]
Deutsche CEO says in Russia to serve multinational customers Deutsche CEO says exit ‘would go against our values’ Investors criticizes Deutsche’s Russia presence Deutsche Bank has said monitoring situation, may adapt CEO’s 2021 pay up 20% FRANKFURT, March 11 (Reuters) – Deutsche Bank (DBKGn.DE) faced stinging criticism from some investors and politicians on Friday for […]
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