top-stories
Top Stories
‘Close the sky over Ukraine,’ President Zelenskiy urges U.S. Congress
Top Stories
Exclusive-State TV protester tells Russians: open your eyes to Ukraine war propaganda
Top Stories
New talk of compromise on both sides lifts hope for Russia-Ukraine breakthrough
Top Stories
Russia clouds prospects for Inditex after sales surge
Sanctioned Russia teeters on brink of historic default
Date: March 16, 2022
By Marc Jones LONDON (Reuters) – The economic cost of Russia’s assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the brink of its first default on international debt since the Bolshevik revolution. Moscow is due to pay $117 million in interest on two dollar-denominated sovereign bonds it sold in...
Moscow and Kyiv see signs of compromise on Ukraine’s security status
Date: March 16, 2022
LONDON (Reuters) -Russia said on Wednesday that a neutral status for Ukraine with its own limited army, similar to Austria’s, was being considered as a compromise in peace talks with Kyiv, while Ukraine spoke of outside powers guaranteeing its security. Russia invaded Ukraine on Feb. 24, in what it calls a special military operation to...
Peace talks send euro higher, overshadowing expected Fed rate hike
Date: March 16, 2022
By Joice Alves LONDON (Reuters) – The euro jumped on Wednesday, set for its third consecutive day of gains, after Russian Foreign Minister Sergei Lavrov said peace talks with Ukraine were not easy but there was hope for compromise. In a busy day for markets, a stronger euro and Chinese yuan overshadowed the dollar index,...
Soccer-I’m not qualified to speak on Newcastle’s Saudi ownership: Howe
Date: March 16, 2022
(Reuters) – Newcastle United manager Eddie Howe accepted the fact that he would constantly be questioned about Saudi Arabian ownership of the Premier League club but said on Wednesday that he was only qualified to talk about football. Newcastle were taken over in October by a consortium led by Saudi Arabia’s Public Investment Fund (PIF),...
LME nickel trading halted in chaotic market resumption
Date: March 16, 2022
By Pratima Desai, Zandi Shabalala and Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) halted nickel trading on its electronic system almost immediately on Wednesday in a chaotic resumption of business for a market that has been in limbo for over a week. LME nickel prices are used as a reference for deals...
BMW joins other carmakers in Ukraine crisis output warning
Date: March 16, 2022
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -BMW cut its car division’s 2022 profit margin forecast on Wednesday, the latest automaker to warn of problems from ongoing chip shortages and new supply chain disruptions as a result of Russia’s invasion of Ukraine. It now expects an earnings before interest and taxation (EBIT) margin of...