Chinese firms that aid Russia may be cut off from U.S. equipment -commerce secretary

(Reuters) -Chinese companies that defy U.S. restrictions against exporting to Russia may be cut off from American equipment and software they need to make their products, U.S. Commerce Secretary Gina Raimondo told the New York Times.

newspaper

09-03-2022

China's Feb PPI +8.8% y/y, CPI +0.9% y/y

China's producer prices in February rose at the slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, an uncertain global economy and resurgent domestic COVID-19 outbreaks.

newspaper

09-03-2022

Japan downgrades Q4 GDP on service sector weakness

TOKYO (Reuters) -Japan's economic rebound was softer than initial estimates in the final quarter of 2021, revised data showed on Wednesday, as the pickup seen in consumer and business spending was weaker than first reported.

newspaper

09-03-2022

Japan downgrades Q4 GDP on weaker consumer, business spending

Japan's strong economic growth in the final quarter of 2021 was downgraded in a revised estimate on Wednesday, while pressures from record COVID-19 infections and rising energy costs are heightening risks of a contraction this quarter.

newspaper

09-03-2022

Credit Suisse faces investor call to cut lending for fossil fuels

Investors managing $2.4 trillion are calling on Credit Suisse to take tougher climate action, including cutting its exposure to fossil fuel assets.

newspaper

09-03-2022

Commodities market volatility sparks spillover concerns

Wild swings in the prices of oil, metals and other raw materials generated more margin calls at trading firms on Tuesday, heightening worries that the volatility in commodities could spill over into broader markets as the war in Ukraine escalates.

newspaper

08-03-2022

McDonald's, Starbucks, Coke and Pepsi all halt sales in Russia

NEW YORK (Reuters) -McDonald's, PepsiCo, Coca-Cola and Starbucks stopped sales of their best-known products in Russia on Tuesday, offering a united rebuke of the war on Ukraine by companies that define America for much of the world.

newspaper

08-03-2022

Coca-Cola, PepsiCo suspend soda sales in Russia

(Reuters) -Coca-Cola Co and PepsiCo Inc said on Tuesday they are suspending sales of their sodas in Russia, becoming the latest high-profile Western consumer brands to curtail operations in the region following Moscow's invasion of Ukraine.

newspaper

08-03-2022

McDonald's, Starbucks close Russia locations as isolation deepens

LONDON (Reuters) -McDonald's Corp and Starbucks Corp are temporarily closing hundreds of restaurants in Russia, with Coca-Cola and Pepsi among the latest Western companies to pause operations in the country after it moved troops into Ukraine.

newspaper

08-03-2022