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Britain says EU will struggle to shift euro clearing from London

Britain says EU will struggle to shift euro clearing from London

By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that the European Union would find it hard to replac..

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Indonesia’s palm oil export ban seen short-lived on limited storage

Indonesia’s palm oil export ban seen short-lived on limited storage

By Bernadette Christina and Rajendra Jadhav JAKARTA/MUMBAI (Reuters) -Indonesia’s ban on palm oil exports is unlikely to last more than a month ..

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Exclusive-EU to move away from emergency phase of COVID pandemic – document

Exclusive-EU to move away from emergency phase of COVID pandemic – document

By Francesco Guarascio BRUSSELS (Reuters) – The European Commission is set to say the EU has entered a new post-emergency phase of the pandemic ..

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Musk’s Twitter deal could test Tesla executive bench

Musk’s Twitter deal could test Tesla executive bench

By Hyunjoo Jin SAN FRANCISCO (Reuters) -Elon Musk’s move to buy Twitter for $44 billion has raised concerns about the depth of executive talent ..

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GE shares slump as supply chain, inflationary woes threaten profit outlook

GE shares slump as supply chain, inflationary woes threaten profit outlook

By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) – General Electric Co on Tuesday said fresh COVID-19-related lockdowns in China as well..

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Be simple in bank capital, Bank of England tells global regulators

Be simple in bank capital, Bank of England tells global regulators

By Huw Jones LONDON (Reuters) – The complex system of bank capital buffers could be radically simplified to encourage banks to keep lending in a..

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The man who evacuated 200 people from Mariupol in a battered red van

The man who evacuated 200 people from Mariupol in a battered red van

By Tom Balmforth and Parniyan Zemaryalai KYIV (Reuters) – As Russian forces tightened their siege of Mariupol and missiles rained down, Mykhailo..

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Warner Bros Discovery adds 2 million subscribers in first quarter

Warner Bros Discovery adds 2 million subscribers in first quarter

By Eva Mathews and Helen Coster (Reuters) -Warner Bros Discovery said on Tuesday it added about 2 million paid streaming subscribers in the first quar..

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Factbox – Companies count the cost of ditching Russia

Factbox – Companies count the cost of ditching Russia

(Reuters) – Multinational companies that announced their exit from Russia, or suspension of activities there, after its invasion of Ukraine have..

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Siya Kolisi empowers next generation with Red Bull Roots

Siya Kolisi empowers next generation with Red Bull Roots

Legendary captain’s new clinic upskills young South African rugby players. South African rugby union captain Siya Kolisi has established the fir..

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ADM beats profit estimates as Ukraine crisis stokes crop shortages

ADM beats profit estimates as Ukraine crisis stokes crop shortages

By Karl Plume and Ruhi Soni (Reuters) -Global grain trader Archer-Daniels-Midland Co reported a higher-than-expected quarterly profit on Tuesday on hi..

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Explainer-Scientists investigate hepatitis outbreak in children in Europe and US

Explainer-Scientists investigate hepatitis outbreak in children in Europe and US

By Jennifer Rigby and Natalie Grover LONDON (Reuters) – Health authorities around the world are investigating a mysterious increase in severe ca..

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Spain’s King Felipe reveals 2.6 million euros in wealth in bid to make Royal House more transparent

Spain’s King Felipe reveals 2.6 million euros in wealth in bid to make Royal House more transparent

MADRID (Reuters) -Spain’s King Felipe VI disclosed that his wealth is worth about 2.6 million euros ($2.8 million) as the government pushes rule..

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Oil rebounds from drop on China demand concerns

Oil rebounds from drop on China demand concerns

By Rowena Edwards LONDON – Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese de..

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UPS shares fall as consumer caution dims e-commerce outlook

UPS shares fall as consumer caution dims e-commerce outlook

(Reuters) -United Parcel Service Inc on Tuesday reported better-than-expected quarterly earnings, but shares fell 3% after executives said they expect..

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HSBC puts 2022 buyback ambitions on ice as inflation accelerates

HSBC puts 2022 buyback ambitions on ice as inflation accelerates

By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -HSBC has shelved plans for new stock buybacks this year after reporting an unexpected ..

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Impact of war on Ukraine on global trade: KOSEC’s CEO Michael Kodari weighs in

Impact of war on Ukraine on global trade: KOSEC’s CEO Michael Kodari weighs in

BY Michael Kodari, CEO of KOSEC – Kodari Securities  The war on Ukraine has created a devastating ripple effect on economies worldwide, but when..

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Battle for Consumers’ Attention: Expert Shares 3 Areas Fintech Should Focus On to Increase Client Acquisition

Battle for Consumers’ Attention: Expert Shares 3 Areas Fintech Should Focus On to Increase Client Acquisition

  With the fight for clients becoming fiercer, Yanis Chatziathanasiou, Head of Sales at ConnectPay, has shared what Fintech companies should be f..

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Trump held in contempt for not complying with subpoena in business probe

Trump held in contempt for not complying with subpoena in business probe

By Luc Cohen and Karen Freifeld (Reuters) -A New York judge on Monday held former President Donald Trump in contempt of court for not producing docume..

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Electricity exchanges urge Spain, Portugal not to act alone on power prices

Electricity exchanges urge Spain, Portugal not to act alone on power prices

By Isla Binnie MADRID (Reuters) – Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the p..

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Finland, Sweden to begin NATO application in May, say local media reports

Finland, Sweden to begin NATO application in May, say local media reports

HELSINKI (Reuters) -Finland and Sweden will together express their wish to join NATO in May, tabloid newspapers Iltalehti in Finland and Expressen in ..

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Graphic chip price drop raises questions on whether end of shortage is in sight

Graphic chip price drop raises questions on whether end of shortage is in sight

By Jane Lanhee Lee, Chavi Mehta and Noel Randewich (Reuters) – A sharp drop in graphic chip prices could presage an unexpectedly quick ending to..

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Stocks, commodities prices tumble on hawkish Fed, China worries

Stocks, commodities prices tumble on hawkish Fed, China worries

By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) -Traders ditched riskier assets on Monday as relief over Emmanuel Macron’s victory ..

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UnitedHealth to sell Change Healthcare’s claims business for $2.2 billion

UnitedHealth to sell Change Healthcare’s claims business for $2.2 billion

(Reuters) -UnitedHealth Group has agreed to sell Change Healthcare’s claims editing business for $2.2 billion in a move some analysts say could ..

U.S. dollar climbs to two-year peak as risk appetite tumbles; yuan drops

U.S. dollar climbs to two-year peak as risk appetite tumbles; yuan drops

By Saikat Chatterjee and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar struck a two-year high on Monday as a wave of risk..

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U.S. says Moscow has ‘failed’ in war aims, pledges more military aid to Ukraine

U.S. says Moscow has ‘failed’ in war aims, pledges more military aid to Ukraine

By Pavel Polityuk and Natalia Zinets KYIV (Reuters) – The United States will reopen its embassy in Ukraine soon, its top diplomat said on Monday..

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In troubled France, no honeymoon for re-elected Macron

In troubled France, no honeymoon for re-elected Macron

By Michel Rose PARIS (Reuters) -Now comes the hard part. Emmanuel Macron may have seen off far-right leader Marine Le Pen, but his second term could b..

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Factbox – From spreads to shampoo, palm oil is part of everyday life

Factbox – From spreads to shampoo, palm oil is part of everyday life

(Reuters) – Indonesia’s plan to ban palm oil exports will deal a blow to the world’s top food and consumer products companies includ..

Slowdown warnings flash for UK economy as inflation surges

Slowdown warnings flash for UK economy as inflation surges

By Andy Bruce and William Schomberg LONDON (Reuters) – Britain’s economy is heading for a slowdown, or possibly even a recession, as consu..

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U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuters) – The d..

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France’s Macron consolidates poll lead after TV clash

France’s Macron consolidates poll lead after TV clash

By Elizabeth Pineau and Lucien Libert ARRAS, France (Reuters) -French President Emmanuel Macron has maintained and possibly slightly extended his lead..

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Kyiv Symphony’s European tour marks ‘cultural front’ in Ukraine crisis

Kyiv Symphony’s European tour marks ‘cultural front’ in Ukraine crisis

By Joanna Plucinska and Kuba Stezycki WARSAW (Reuters) – For Eleanora Tymoshenko, a music teacher from Balakliia, near Kharkhiv in Eastern Ukrai..

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Putin claims victory in Mariupol, U.S. to send more guns and money

Putin claims victory in Mariupol, U.S. to send more guns and money

By Pavel Polityuk KYIV (Reuters) – Russian President Vladimir Putin claimed victory in the biggest battle of the war in Ukraine on Thursday, dec..

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Big companies manage to pass on soaring costs to cash-strapped consumers

Big companies manage to pass on soaring costs to cash-strapped consumers

By John Revill ZURICH (Reuters) -Makers of chocolate bars and coffee to lawn mowers and industrial robots succeeded in passing on soaring costs to con..

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Biden unveils $800 million in new Ukraine military aid, to ask Congress for more

Biden unveils $800 million in new Ukraine military aid, to ask Congress for more

By Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden pledged $800 million in more weaponry for Ukraine on Thursday and said he would..

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Global energy crisis, Russia invasion eclipse Biden climate goals

Global energy crisis, Russia invasion eclipse Biden climate goals

By Timothy Gardner and Jarrett Renshaw WASHINGTON (Reuters) – As a candidate, Joe Biden made climate change a pillar of his campaign for the Whi..

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New U.S. sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver

New U.S. sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver

By Daphne Psaledakis and David Brunnstrom WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on dozens of people and entities, inc..