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Barclays suspends sales of notes linked to oil, volatility
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Germany to buy 35 Lockheed F-35 fighter jets from U.S. amid Ukraine crisis
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Yen falls to new five-year lows; COVID-19 hurts China’s yuan
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Refugee exodus reaches 2.8 million as Russian strikes hit west Ukraine
Russia could take full control of major Ukrainian cities – Kremlin
Date: March 14, 2022
By Guy Faulconbridge LONDON (Reuters) -The Kremlin said on Monday that Russian forces could take full control of major Ukrainian cities and it had sufficient military clout to fulfil all of its aims in Ukraine without any help from China. The United States and its European allies have cast President Vladimir Putin’s invasion as an...
France’s EDF warns on outlook blaming price caps, lower nuclear output
Date: March 14, 2022
By Tassilo Hummel and Dominique Vidalon PARIS (Reuters) -French power utility EDF on Monday again warned on its 2022 profit outlook, saying it could miss its financial targets because it was required to sell power at below-market prices and due to lower nuclear output. State-controlled EDF, whose shares fell as much as 3%, now sees...
Turkey, Greece agree to improve ties amid Ukraine conflict
Date: March 14, 2022
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis agreed in talks on Sunday to improve ties, despite the long-running disagreements between the two NATO members, Ankara said. Both countries have key roles to play in the changing security situation in Europe after Russia’s invasion of Ukraine, and their increased cooperation...
Telecom Italia shares rise on KKR, Open Fiber overtures
Date: March 14, 2022
By Elvira Pollina MILAN (Reuters) -Telecom Italia shares rose on Monday after Italy’s biggest phone group said it would pursue a domestic broadband deal, while also engaging in talks with KKR over the U.S. fund’s 10.8 billion euro ($12 billion) takeover approach. After a near six-hour board meeting on Sunday, TIM said it had asked...
Russia warns it may be forced to pay FX debt in roubles due to sanctions
Date: March 14, 2022
(Reuters) -Russia’s finance ministry said on Monday it had approved a temporary procedure for repaying foreign currency debt, but warned that payments would be made in roubles if sanctions prevent banks from honouring debts in the currency of issue. Western sanctions over events in Ukraine have cut Russia off from key parts of global financial...
UK’s Johnson urges Saudi Arabia to raise oil output, minister says
Date: March 14, 2022
LONDON (Reuters) -British Prime Minister Boris Johnson is trying to persuade Saudi Arabia to increase its oil output, a senior minister said on Monday, following reports that Johnson would travel to the OPEC heavyweight this week. Saudi Arabia and the UAE have so far snubbed U.S. pleas to use their spare output capacity to tame...