Wall Street jumps, with tech, growth shares in the lead

U.S. stocks ended higher on Tuesday, led by a sharp gain in the Nasdaq, as technology and shares of other big growth names rebounded from recent losses and Nike rose after it reported upbeat results.

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22-03-2022

Most dealers see UK trimming gilt issuance plans in 2022/23

British government bond issuance will fall closer towards pre-pandemic norms in the coming financial year, when the market's biggest buyer over the last decade - the Bank of England - will move to the sidelines, according to a Reuters poll of primary dealers.

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22-03-2022

S&P 500, Nasdaq up 1% as tech, growth shares gain

U.S. stocks were higher in afternoon trading on Tuesday, with the Nasdaq and S&P 500 both up at least 1%, as technology and shares of other big growth names rebounded from recent losses and Nike rose after it reported upbeat results.

newspaper

22-03-2022

WTO trade talks in disarray amid Ukraine tensions - sources

Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move that has already led to negotiations seizing up across a number of sectors, trade sources told Reuters.

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22-03-2022

Wall Street rises as technology, bank shares rally

(Reuters) -The Nasdaq led Wall Street's main indexes higher on Tuesday as investors bought the dip in technology stocks, while briefly taking in their stride a more aggressive tone by the Federal Reserve to raise the cost of borrowing to tame inflation.

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22-03-2022

Prosus removes military job adverts on Russian online marketplace

Amsterdam-based Prosus NV, the owner of Russian online marketplace Avito, said on Tuesday it has taken steps to remove "a small number" of advertisements for jobs in the Russian military that had made it onto Avito's listings.

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22-03-2022

Brazil tax cut for ethanol, sugar, soy oil imports to have little impact -analysts

Brazil's recently announced tax cut for ethanol, sugar and soy oil imports should have little impact on trade deals in the short term and was driven more by politics than business, analysts said on Tuesday.

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22-03-2022

Top trading houses speak at commodities conference

Executives from the world’s largest trading houses and mining companies are at the FT Commodities Global Summit this week, discussing market trends, cyber security and the impact of Russia's Ukraine invasion.

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22-03-2022

Hungary ramps up rate hikes as war stokes inflation risks

The National Bank of Hungary raised its base rate by 100 basis points to 4.4% on Tuesday, the biggest hike in the rate since 2008, saying rising energy costs and the war in Ukraine had fuelled inflation risks.

newspaper

22-03-2022