Inflation in Russia climbs above 15.6%, highest since September 2015

Annual inflation in Russia accelerated to 15.66% as of March 25, its highest since September 2015 and up from 14.53% a week earlier, the economy ministry said on Wednesday, as the battered rouble sent prices soaring amid unprecedented Western sanctions.

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30-03-2022

India's Axis Bank accelerates retail push with $1.6-billion Citi deal

MUMBAI (Reuters) -Indian private lender Axis Bank has decided to bulk up its credit card and retail businesses with a $1.6-billion purchase of Citigroup Inc's local consumer banking arm.

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30-03-2022

U.S. private payrolls rise solidly; corporate profits growth slows

WASHINGTON (Reuters) -U.S. private employers maintained a brisk pace of hiring in March, in a boost to the labor market recovery, but growth in corporate profits slowed significantly in the fourth quarter amid increasing costs.

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30-03-2022

Russian gold miners dig for ways to overcome Ukraine impact

(Reuters) -Russian gold miners Polymetal and Petropavlovsk warned on Wednesday of increasing hurdles in doing business, including higher operating costs and continued challenges repaying loans to sanctioned banks.

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30-03-2022

Waymo offers driverless rides to employees in San Francisco, expands in Phoenix

Alphabet Inc unit Waymo on Wednesday said it has started offering driverless rides to employees in San Francisco, accelerating a race with General Motors Co.-backed rival Cruise to commercialise the technology in the dense city.

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30-03-2022

India's Axis Bank bulks up retail business with $1.6-billion Citi deal

BENGALURU (Reuters) -Indian private lender Axis Bank has decided to bulk up its credit card and retail businesses with a $1.6-billion purchase of Citigroup Inc's local consumer banking arm.

newspaper

30-03-2022

Florida reaches $878 million opioid settlements with CVS, Teva, others

Florida has reached more than $878 million of settlements with CVS Health Corp and three drug companies to resolve claims over their roles in fueling an opioid epidemic in the third most populous U.S. state.

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30-03-2022

China to roll out policies to stabilise economy as fast as possible: CCTV cites cabinet meeting

China will roll out policies to stabilise the economy as soon as possible as the downward pressure in the economy increased, state media CCTV quoted a cabinet meeting as saying on Wednesday.

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30-03-2022

U.S. SEC issues new guidance for brokers, advisors on investment recommendations

The U.S. Securities and Exchange Commission (SEC) on Wednesday issued new guidance to broker dealers and investment advisors on how to satisfy their obligations to retail investors and comply with agency rules when recommending investment products.

newspaper

30-03-2022