Global financial stocks decline as more firms cut Russia ties

LONDON/NEW YORK (Reuters) -Global financial stocks tumbled on Monday on mounting investor fears about the potential for economic damage and pressure on consumer spending as the price of oil soars following Russia's invasion of Ukraine.

newspaper

07-03-2022

Dollar edges higher as surging energy prices prompt safe-haven flows

NEW YORK (Reuters) -The U.S. dollar rose on Monday, lifted by safe-haven flows, as investors weighed the effects on global economic growth of oil prices that hit 14-year highs after the United States and European allies considered banning Russian crude imports.

newspaper

07-03-2022

Oil, nickel, commodities prices soar as global shares tumble

Oil, metal and other commodities prices soared while global shares sank on Monday as the United States said it is willing to ban Russian oil imports, adding to inflationary pressures on economies worldwide.

newspaper

07-03-2022

U.S. Congress nearing deal to aid Ukraine, fund government

WASHINGTON (Reuters) -U.S. congressional negotiators on Monday were nearing a deal on a bill to provide Ukraine with billions of dollars in emergency aid, as well as fund the U.S. government through Sept. 30 and provide more money to address COVID-19, sources said.

newspaper

07-03-2022

Tightening financial conditions sound alarm for world economy

Global financial conditions, perceived as strongly correlated with future growth, are at the tightest in two years, driven by soaring energy prices, sliding stocks and the market fallout from the Ukraine-Russia conflict.

newspaper

07-03-2022

U.S. Congress negotiators nearing deal on Ukraine aid, government funding bill

WASHINGTON (Reuters) -U.S. congressional negotiators on Monday were near a deal on a bill to provide Ukraine with billions of dollars in emergency aid, along with additional COVID-19 funding and money to fund the U.S. government through Sept. 30, sources said.

newspaper

07-03-2022

UK finance sector gender parity to take 30 years at current pace -study

The number of women employed in senior management of the UK financial sector will take 30 years to reach parity with men at the current pace, a UK government-backed initiative said on Monday as it announced steps to kick start "urgent action".

newspaper

07-03-2022

UK chairman of Polymetal among 'mass exodus' from Russian firms

(Reuters) -Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal and metals and hydropower group EN+, have quit in response to the conflict in Ukraine.

newspaper

07-03-2022

Global bank stocks decline as more firms cut Russia ties

Global bank stocks fell on Monday as depressed U.S. Treasury yields highlighted growing investor worries about economic damage from Russia's invasion of Ukraine and more financial firms cut ties with Russia.

newspaper

07-03-2022