SoftBank execs to leave boards of India's Paytm, Policybazaar - source

Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person with direct knowledge of the matter said.

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15-03-2022

Protests flare in crisis-hit Sri Lanka as govt readies for IMF talks

COLOMBO (Reuters) -Opposition leaders led a march of hundreds of protesters through Sri Lanka's main city of Colombo on Tuesday as anger grows over a worsening economic crisis that has brought fuel shortages and spiralling food prices.

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15-03-2022

Japan calls for 'stable' FX moves as weak yen weighs on import-reliant economy

TOKYO (Reuters) -Japan will closely watch exchange-rate moves as market stability was "very important," Finance Minister Shunichi Suzuki said on Tuesday in the wake of the yen's decline to a five-year low against the dollar.

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15-03-2022

Euro rises on hopes of progress in Ukraine peace talks

The euro rose on Tuesday on hopes of progress in peace talks between Ukraine and Russia despite soaring COVID-19 cases in China dampening risk appetite.

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15-03-2022

Lloyd's of London says Russia, Belarus represents less than 1% of business

Russia and Belarus represent less than 1% of business transacted by Lloyd's of London, the commercial insurance market said on Tuesday.

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15-03-2022

China's COVID curbs set to tighten global supply chain pinch

SHANGHAI (Reuters) -Manufacturers of everything from flash drives to glass for Apple iPhone screens are warning of shipment delays as they comply with Chinese controls to curb the spread of COVID-19, further straining global supply chains.

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15-03-2022

Sri Lanka to begin official talks with IMF next month as protests grow

COLOMBO (Reuters) -Sri Lanka will start official talks with the International Monetary Fund (IMF) next month, a cabinet spokesman said on Tuesday, as the government seeks to stave off the island nation's worst economic crisis in years amid growing protests.

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15-03-2022

Italian bank UniCredit considers quitting Russia - CEO

Italian bank UniCredit is conducting an urgent review of its Russian business and could decide to quit the country after its invasion of Ukraine, Chief Executive Andrea Orcel said on Tuesday.

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15-03-2022

H&M sales soar but shares slip on wider Ukraine impact concern

STOCKHOLM (Reuters) -H&M reported a 23% rise in first quarter sales on Tuesday, which was in line with market expectations, as the world's second-biggest fashion retailer attempts to build on its recovery from the COVID-19 pandemic.

newspaper

15-03-2022