Central banks rush to stimulus exit as inflation jumps, wary of Ukraine fallout

The European Central Bank's announcement on Thursday that it plans to end stimulus in the third quarter of 2022 shows that policymakers across the developed world remain laser-focused on inflation, rather than a potential growth hit from the Russia crisis.

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10-03-2022

Analysis-An oil shock is coming, but the U.S. may have already paid for it

The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound from the health crisis, may now help limit the economic damage from Russia's invasion of Ukraine.

newspaper

10-03-2022

Europe's fuel crisis re-energizes debate over natural gas

The war in Ukraine is reviving a debate on whether natural gas is a climate friend or foe, as Europe's energy crisis triggers urgent calls for U.S. and Middle East gas producers to rush new supplies to market.

newspaper

10-03-2022

Honda to cut production by 10% in two factories

Japan's Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage and geopolitical uncertainty.

newspaper

10-03-2022

Britain's Boohoo to meet earnings guidance as sales growth slows

LONDON (Reuters) -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter.

newspaper

10-03-2022

Suzuki's Hungarian factory suspends car exports to Russia and Ukraine

Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company said on Wednesday, in one of the first signs of the conflict hitting the broader economy in the region.

newspaper

10-03-2022

Shell CEO's pay rose by a quarter in 2021 to $8.2 million

Shell Chief Executive Ben van Beurden's pay package for last year rose by about a quarter to 7.4 million euros ($8.2 million), his first raise since receiving a bumper 20 million euros for 2018, Shell's annnual report showed.

newspaper

10-03-2022

Chinese startups' SPAC listings gather pace as tougher offshore IPO rules loom

Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing's tighter scrutiny has slowed capital raising via overseas IPOs, company executives and bankers said.

newspaper

10-03-2022

Analysis - Russian risk recalibration a wake-up call for investors

For funds undeterred in their investment choices by the killing of Saudi journalist Jamal Khashoggi or China's treatment of the Uyghurs, Russia's invasion of Ukraine is proving a wake-up call.

newspaper

10-03-2022