OPEC flags risk to oil demand outlook from Ukraine war, inflation

OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia's invasion of Ukraine and rising inflation as crude prices soar, but it stopped short of changing its forecast for robust demand this year.

newspaper

15-03-2022

RWE needs to divest brown coal to become fully green - Enkraft

Activist shareholder Enkraft on Tuesday said RWE would have to divest its brown coal division to fully transform and decarbonise its business, adding the company was too hesitant in mapping out such a step.

newspaper

15-03-2022

JPMorgan to buy Irish fintech firm Global Shares

JPMorgan Chase & Co said on Tuesday it would buy Global Shares, an Irish fintech firm whose software helps businesses manage employee stock plans.

newspaper

15-03-2022

Credit Suisse CEO details tens of billions managed for Russian clients

ZURICH (Reuters) -Credit Suisse is reviewing its operations in Russia, Chief Executive Thomas Gottstein said on Tuesday, as he detailed tens of billions of dollars in assets managed for wealthy Russian customers.

newspaper

15-03-2022

Factbox-New UK sanctions target Russian luxury goods, steel and iron

Britain announced a new round of sanctions on Russia on Tuesday, targeting hundreds of Russian businessmen, people close to Russian President Vladimir Putin and senior defence officials.

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15-03-2022

London Stock Exchange to enter market for private company financing

The London Stock Exchange Group (LSEG) said on Tuesday it had teamed up with digital private asset platform Floww to enter the market for unlisted companies that want to raise capital.

newspaper

15-03-2022

Italy's UniCredit says considering exiting Russia

MILAN (Reuters) -UniCredit is studying ways to exit Russia following the invasion of Ukraine, but needs to find a solution for its 4,000 local staff and European companies it serves which are also trying to leave, the Italian bank's CEO said.

newspaper

15-03-2022

Credit Suisse CEO says 4% of bank's wealth management assets held by Russians

Around 4% of the assets Credit Suisse manages in wealth management belong to Russian clients, Chief Executive Thomas Gottstein said on Tuesday.

newspaper

15-03-2022

Analysis-BoE's Bailey heads into tough third year with criticisms ringing

Andrew Bailey is leading the Bank of England into one of its most complex challenges in decades while facing criticism of his record in a key part of the job - how to explain his thinking and that of the central bank.

newspaper

15-03-2022