international-capital
Top StoriesHong Kong Seeks to Revive Global Banking Status With Major Summit
Top StoriesRussia Pushed Closer to Brink of Default After U.S. Payment License Expires
Top StoriesAfter Winter Olympics, China Retreats From Sports Hosting Amid ‘zero-COVID’ Policy
Top StoriesBritain Says Russia Likely to Reinforce Operations in Donbas
Biden Arrives in South Korea for Talks With President Yoon
Date: May 20, 2022
OSAN AIR BASE, South Korea (Reuters) – U.S. President Joe Biden arrived in South Korea on Friday, the first leg of his first trip to Asia as president. Biden was greeted at the U.S. air base at Osan by South Korean foreign minister Park Jin, and the commanding general of U.S. forces in Korea, Paul...
Russia to Service Foreign Debt in Roubles if Other Options Blocked -Finance Minister
Date: May 18, 2022
(Reuters) – Russia will service its external debt obligations in roubles if the United States blocks other options and will not call itself in default, Finance Minister Anton Siluanov said. Washington is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire on May 25, which could take Moscow...
Hapag-Lloyd Q1 Net Profit More Than Triples, Expects Strong Q2
Date: May 12, 2022
FRANKFURT (Reuters) -German container shipping group Hapag-Lloyd on Thursday reported first-quarter net profit of 4.2 billion euros ($4.4 billion), more than triple the number a year ago and, forecast another strong performance for the second quarter. “The year has got off to an exceptionally strong start on the whole, and whilst there have been first...
Ukraine Keeps up Counterattack to North of Kharkiv, Britain Says
Date: May 12, 2022
(Reuters) – Ukrainian forces are keeping up a counterattack to the north of the second largest city of Kharkiv and recapturing several towns and villages toward the Russian border, Britain said on Thursday. Russia has reportedly withdrawn units from the area and the forces are likely to redeploy after replenishing the losses to the eastern...
Explainer-Finland, Sweden Weigh up Pros and Cons of NATO Membership
Date: May 12, 2022
STOCKHOLM (Reuters) – Russia’s invasion of Ukraine has pushed Finland and Sweden to the verge of applying for NATO membership. Finland, which shares a 1,300-km (810-mile) border with Russia, and Sweden will announce their decisions in the coming days amid warnings from Moscow it could deploy nuclear weapons and hypersonic missiles in the European exclave...
Travel Demand Helps Fraport’s Q1 Sales but War Hurts Profits
Date: May 10, 2022
FRANKFURT (Reuters) – Germany airport operator Fraport reported better-than-expected sales on Tuesday as travel demand boomed in the first quarter, but it posted lower-than-expected profits after a writedown related to its St. Petersburg subsidiary. Fraport said its earnings before interests, taxes, depreciation and amortisation (EBITDA) rose 75% to 70.7 million euros ($74.77 million), below the...