Russia shock hurls gold toward record highs

Gold prices are likely to rise to record highs as the risk that Russia's attack on Ukraine will stifle the global economy increases demand for the metal traditionally seen as a safe store of wealth, analysts said.

newspaper

11-03-2022

Global investors step up selling in bond funds in the week to March 9

Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict between Russia and Ukraine.

newspaper

11-03-2022

Exclusive-Boeing tests suppliers on 787 output hikes -sources

Boeing Co is yet to see any respite from a freeze in deliveries of its 787 Dreamliner - but that has not stopped it testing suppliers' capacity to meet output scenarios as high as seven a month by end-2023, three people with knowledge of the matter said.

newspaper

11-03-2022

European stocks vault 2% as Putin hints at progress with Ukraine talks

European shares jumped on Friday, recouping losses from the previous session after Russian President Vladimir Putin signalled a positive shift in talks with Ukraine.

newspaper

11-03-2022

EU wants less dependence on imported chips, food, raw materials, as Ukraine war rages

European Union leaders will say on Friday they want to cut their dependence on global suppliers of food, microprocessors, drugs, raw materials and digital technologies, as Russia's invasion of Ukraine added a new argument for the EU to be more self-reliant.

newspaper

11-03-2022

European shares rise after sell-off on ECB's hawkish surprise

(Reuters) -European shares inched higher on Friday, recouping some lost ground from the previous session's nearly 2% slump following the European Central Bank's hawkish decision to stop pumping money into financial markets this summer.

newspaper

11-03-2022

Oil rises but set for weekly loss after talk of potential supply plugs

Oil prices rose on Friday on continued concerns about supply disruptions for Russian oil and oil products, but were on track for their biggest weekly decline since November after another volatile week.

newspaper

11-03-2022

Uniqlo operator, Japan Tobacco to suspend some Russia operations in U-turn

TOKYO (Reuters) -Uniqlo owner Fast Retailing Co and Japan Tobacco Inc on Thursday said they would suspend some operations in Russia, in a U-turn by the Japanese consumer giants which had indicated they would stay in the market after Moscow's invasion of Ukraine.

newspaper

11-03-2022

Volvo Cars to set up tech hub in Stockholm

Volvo Cars will establish a tech hub in the Swedish capital of Stockholm it said on Friday, as it seeks to reach its goal to sell at least half of its cars online.

newspaper

11-03-2022