U.S. court dismisses D.C. antitrust lawsuit against Amazon

A U.S. court dismissed a lawsuit against Amazon.com Inc on Friday that accused the company of antitrust violations for barring third-party sellers from offering better deals for their products elsewhere.

newspaper

19-03-2022

After sizzling rebound, investors weigh whether stocks have more bounce

Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a sustained rebound or more turbulence.

newspaper

19-03-2022

Fed policymakers say dramatic rate hikes may be ahead

(Reuters) -Two of the Federal Reserve's most hawkish policymakers on Friday said the central bank needs to take more aggressive steps to combat inflation, and two others said they would be open to it – one of whom just six months ago envisioned a 2022 with no rate increases at all

newspaper

18-03-2022

How Russia could use bankruptcy law to punish foreign companies

(Corrects paragraph 8 to indicate that U.S. bankruptcy is primarily civil, not purely civil)

newspaper

18-03-2022

LME nickel extends its slide as bugs still hit trading

LONDON (Reuters) -The London Metal Exchange (LME) again widened its trading band for nickel on Friday, but for a third session in a row it hit limit down, sliding 12% as the LME faced more technical problems.

newspaper

18-03-2022

Fed policymakers say more dramatic rate hikes may be needed to tame inflation

(Reuters) -Two of the Federal Reserve's most hawkish policymakers on Friday said the central bank needs to take more aggressive steps to combat inflation, and a third - who just six months ago was the U.S. central bank's most dovish member - said he was open to that possibility.

newspaper

18-03-2022

European stocks post their best week since November 2020

(Reuters) -European shares rose on Friday adding to the strong gains earlier this week, as investors focussed on Russia-Ukraine peace negotiations and digested the talks between U.S. President Joe Biden and Chinese counterpart Xi Jinping.

newspaper

18-03-2022

Fed hawks say more dramatic rate moves may be needed to tame inflation

Two of the Federal Reserve's most hawkish policymakers on Friday said the central bank needs to take more aggressive steps to combat inflation, with one saying he would have supported a larger move this week were it not for the war in Ukraine and the other saying the geopolitical risks should not impede them.

newspaper

18-03-2022

Tobacco firm BAT in talks to transfer Russian business to distributor SNS

LONDON (Reuters) -British American Tobacco Plc is in advanced talks to transfer its Russian business to Russia's SNS Group of Companies, its distributor, SNS said, after Moscow suggested it could nationalise assets of foreign firms that left the country.

newspaper

18-03-2022