Author Archives: Syndicated Content
China buys more Iranian oil now than it did before sanctions, data shows
By Chen Aizhu and Alex Lawler SINGAPORE/LONDON (Reuters) - China's purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. s...
Mar 01, 2022
Stellantis sets up task force to monitor sanctions, staff in Ukraine crisis – CEO
(Reuters) - The head of Stellantis said it had set up a task force to conform with any sanctions and monitor its staff in Ukraine, hours before the world's No.4 carmaker presents its strategic plan fo...
Mar 01, 2022
Volatility dominates European bank shares as Ukraine crisis drags on
FRANKFURT (Reuters) - Volatility remained the name of the game for European bank shares on Tuesday, as some of those lenders most exposed to Russia jumped after steep losses a day earlier. Shares of A...
Mar 01, 2022
Volkswagen’s Skoda limits some output due to Ukraine, production in Russia still running
PRAGUE (Reuters) - Czech carmaker Skoda Auto, part of Volkswagen, will limit some production at its domestic plants due to supply shortages after Russia's invasion of Ukraine, while it said its Russia...
Mar 01, 2022
Ukraine’s Mariupol port under constant shelling, mayor says
By Natalia Zinets LVIV, Ukraine (Reuters) - The mayor of Ukraine's Mariupol said on Tuesday morning that the southern port city was under constant shelling which had killed civilians and damaged infra...
Mar 01, 2022
Baidu beats quarterly revenue estimates on AI, cloud services strength
(Reuters) -Chinese search engine giant Baidu Inc reported quarterly revenue above Wall Street estimates on Tuesday, powered by high demand for its cloud and self-driving taxi services. Baidu has been ...
Mar 01, 2022
Hong Kong reports 32,597 new COVID cases on Tuesday
HONG KONG (Reuters) - Hong Kong health authorities reported 32,597 new COVID-19 cases on Tuesday and a record 117 deaths in the past 24 hours, as the global financial hub prepared for mandatory testin...
Mar 01, 2022
Ukraine says Russia shelling cities to kill civilians, cause mass panic
LVIV, Ukraine (Reuters) - An adviser to Ukraine President Volodymyr Zelenskiy said on Tuesday Russia was deliberately shelling cities, including residential areas and civilian infrastructure, to sprea...
Mar 01, 2022
EU commission proposes sanction on RT, Sputnik access to Europe
BRUSSELS (Reuters) - The European Commission is seeking EU countries' approval to sanction Russian state-controlled media outlets RT and Sputnik by restricting their access to the European media marke...
Mar 01, 2022
Marketmind: Picking through the rubble
A look at the day ahead in markets from Sujata Rao. Well-known emerging market commentator Tim Ash at BlueBay Asset Management noted it took a week for Fortress Russia to became Rubble Russia. Indeed,...
Mar 01, 2022
