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In China’s Wall Street, bankers and traders sleep in offices to beat Shanghai COVID lockdown
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Analysis-Sony launches Game Pass counterattack with subscription service upgrade
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Factbox-What are Europe’s options in case of Russian gas disruption?
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LME board to evaluate lessons from nickel halt – HKEX
Factbox-What happens if Russia turns off gas flows to Germany?
Date: March 29, 2022
FRANKFURT (Reuters) – Russia’s demand that some buyers pay for its gas in roubles has raised concerns in Germany, which relies on Russian fuel, that the payment dispute could escalate and disrupt supplies. Russia accounted for 55% of Germany’s gas imports in 2021. Although that figure fell to 40% in the first quarter of 2022,...
Exclusive-ECB ready to set up money exchange for Ukrainian refugees with EU guarantee
Date: March 29, 2022
By Jan Strupczewski BRUSSELS (Reuters) – The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency into euros if the EU gives the ECB a guarantee that would cover the bank’s risk, an ECB document showed. Almost 4 million Ukrainians have fled the Russian invasion...
War, inflation hit French, German consumer morale more than feared
Date: March 29, 2022
By Leigh Thomas and Zuzanna Szymanska PARIS (Reuters) -France and Germany saw bigger than expected drops in consumer confidence this month as government steps to help with rising fuel costs and other inflation gave little relief following the impact of Russia’s invasion of Ukraine, surveys showed on Tuesday. The European Central Bank says it remains...
Blue Origin’s 4th astro-tourism flight set to launch without big names
Date: March 29, 2022
By Steve Gorman (Reuters) -The fourth commercial flight of Jeff Bezos’ space tourism venture Blue Origin, offering short suborbital joyrides to well-heeled thrill-seekers and celebrity guests, has been delayed by two days because of poor weather conditions, the company said. Blue Origin’s New Shepard spacecraft was scheduled for liftoff on Tuesday from the company’s launch...
Red Bull SuperSkicross sees thrilling action and close finishes
Date: March 29, 2022
Rollercoaster races leave fans breathless in spectacular Swiss Alps location. Red Bull SuperSkicross propelled itself back into the global sporting consciousness on March 25-26 when the world’s best ski cross racers launched themselves down a thrilling and visually satisfying course in the Swiss resort of Andermatt. Here is all you need to know: – After...
Global M&A: What to Consider About Each Deal
Date: March 28, 2022
By David Braun, founder and CEO of Capstone Strategic In 2021, global M&A volumes exceeded $5 Trillion for the first time ever, easily surpassing 2007’s previous record of $4.55 trillion. Financials, real estate, information technology, and healthcare were the main industry sectors. Among individual countries, the US led the way with more than 2700 deals totaling an...