Europe decries 'blackmail' as Russia halts gas to Poland, Bulgaria

SOFIA/WARSAW (Reuters) -Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their refusal to pay in roubles, cranking up an economic war with Europe in response to Western sanctions imposed for Moscow's invasion of Ukraine.

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27-04-2022

Oil prices dip as dollar soars, U.S. crude stocks rise modestly

Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and as coronavirus outbreaks cloud the economic outlook in China, the world's biggest importer of crude oil.

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27-04-2022

Exchange operator CME's quarterly profit tops views as hedging demand soars

(Reuters) -CME Group Inc on Wednesday reported quarterly profits that topped Wall Street expectations as investors turned to the futures exchange operator's products to hedge against market volatility spurred by rising interest rates and Russia's invasion of Ukraine.

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27-04-2022

T-Mobile profit beat estimates as 5G boosts subscriber growth

(Reuters) -T-Mobile US Inc beat estimates for first-quarter earnings on Wednesday as its heavy investments in ramping up 5G cellular networks helped it add more phone subscribers than expected and raise its forecast, sending its shares up about 3%.

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27-04-2022

Economic growth risks jolt inflation-obsessed markets

After months focusing on central banks' response to raging inflation, financial markets are being jolted into the realisation that a global economic downturn may now loom.

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27-04-2022

Germany would go into recession with Russian energy embargo - minister

The German government's reduced forecast for 2.2% growth this year does not assume a Russian energy embargo or blockade and the economy would tip into recession if either of those transpired, Economy Minister Robert Habeck said on Wednesday.

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27-04-2022

Activist investor Alta Fox pushes to replace Hasbro chairman

Alta Fox Capital Management LLC is seeking to oust Hasbro Inc's chairman and two other directors, as the activist investor pushes for changes at the toymaker including a spin-off of it Wizards of the Coast unit.

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27-04-2022

EU to suspend tariffs on Ukraine imports for one year

BRUSSELS (Reuters) -The European Commission proposed on Wednesday a one-year suspension of import duties on all Ukrainian goods not covered by an existing free trade deal to help the country's economy during the war with Russia.

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27-04-2022

Russia says it may buy diamonds from sanctions-hit Alrosa

Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country's Finance Minister Anton Siluanov said on Wednesday.

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27-04-2022