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EU eyes more Russia sanctions, NATO wary of Ukraine calls for no-fly zone
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Ukraine conflict drives European stocks to 1-year lows, automakers plunge
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FTSE 100 eyes worst week in 13 months as Ukraine crisis deepens
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Exclusive-China asks state insurers to review exposure to Russia, Ukraine-sources
Exclusive-Chelsea FC’s banker says Abramovich’s exit will not be rushed
Date: March 4, 2022
By Krystal Hu (Reuters) – Roman Abramovich will not rush his divestment of English football team Chelsea FC, an adviser on the sale process told Reuters, even as Britain is considering sanctions against the Russian billionaire. Chelsea FC tapped Joe Ravitch, the co-founder of investment bank Raine Group LLC, to find a buyer after Abramovich...
Oil steadies from decade-highs as Iran talks kindle supply hopes
Date: March 3, 2022
By Marcy de Luna HOUSTON (Reuters) – Oil steadied after hitting prices not seen in roughly a decade on Thursday, as sellers jumped in on hopes that the United States and Iran will agree soon to a nuclear deal that could add barrels to a badly undersupplied market. Trade was volatile, however, as investors anticipate...
Russian ETF jumps as some sense bargains in ‘uninvestable’ market
Date: March 3, 2022
By Danilo Masoni MILAN (Reuters) – A Russia-exposed ETF rose by more than 100% in London on Thursday in a sign that some investors see current distressed levels as a potentially cheap entry point for Russian assets, even as the Ukraine crisis intensifies. Exchange traded funds (ETFs) remain one of the few ways left to...
Ukraine demands ceasefire, humanitarian corridors at talks with Russians
Date: March 3, 2022
By Maksym Levin and Pavel Polityuk BORODYANKA/LVIV, Ukraine (Reuters) – Ukrainian negotiators at talks with Russian officials on Thursday demanded a ceasefire and humanitarian corridors to evacuate besieged citizens as Moscow’s invasion forces surrounded and bombarded Ukrainian cities. Hundreds of Russian soldiers and Ukrainian civilians have been killed since President Vladimir Putin sent his troops...
Stocks slide as oil surge rattles inflation fears
Date: March 3, 2022
By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Oil prices soared again on Thursday as the Ukraine war sparked a run on commodities that raised fears of “stagflation” and stocks on Wall Street and in Europe fell as investors hoped central banks will be prudent as they move to tighten monetary policy. The...
Google mandates workers back to Silicon Valley, other offices from April 4
Date: March 3, 2022
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google from April 4 will require employees back about three days a week in some of its U.S., U.K. and Asia Pacific offices, its first step to end policies that allowed remote work because of COVID-19 concerns. An internal email on Wednesday seen by Reuters told...