Climate Risk & Stress Testing Conference, 28-30 of March | London, UK
This premier marcus evans event will address how to learn from and improve climate stress testing, manage climate risk, handle regulatory disclosures, and account for broader ESG risks. With increasing regulatory pressure from UK and European Financial watchdogs and Central Banks, financial institutions such as banking institutions and insurance firms are expected to account for […]
Interest rates are likely to be raised by the Federal Reserve
The crisis in Russia-Ukraine continues to dominate the market. Investors may have to be satisfied with the Federal Reserve’s first interest rate increase since the pandemic. The Fed’s fund rate will be raised, according to the report that’s been released. It could go up by a quarter percentage point from where it is now. The […]
McDonald’s, Coca-Cola, Pepsi, and Starbucks have all halted their operations in Russia
The conflict between Russia and Ukraine has been a cause of tension for the global economy. Russia has always been a major exporter of natural gas, oil, and coal. The majority of Europe’s energy comes from its eastern neighbor. However, following Russia’s invasion of Ukraine, big international food and beverage companies are pulling out. Mc […]
Analysis: Petrobras bulls charge ahead despite risks in Brasilia
Last year, when Brazilian President Jair Bolsonaro sacked the head of state-run oil company Petrobras amid a spat over domestic fuel prices, the market reaction was apoplectic.
Crypto industry on defensive as Ukraine crisis spotlights Russia sanctions compliance
Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia following the country’s invasion of Ukraine.
Deutsche Bank faces questions over plan to stay in Russia
Deutsche Bank (DBKGn.DE) faced criticism on Friday for its continued ties to Russia after saying that leaving would go against its values, as other banks cut links with the country.
Oil firms amid supply worries, but heads for sharp weekly decline
Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply to market from other major producers.
Stocks slump on surging inflation, Ukraine risks; China markets recover
Asian shares extended a global slump on Friday after the fastest U.S. inflation rate in four decades bolstered expectations for more aggressive rate hikes, while Chinese equity markets recovered early losses on regulatory assurance over U.S.-listed mainland firms.
Australia, South Africa miners eye options as Europe makes desperate calls
Australian and South African miners are exploring ways to supply coal and metals consumers in Europe scrambling for alternative sources to Russian supply, but logistics and cost constraints make it difficult to rapidly boost output, companies said.
Goldman Sachs, JPMorgan unwinding Russia businesses
Goldman Sachs Group Inc (GS.N)and JPMorgan Chase & Co (JPM.N) on Thursday announced they were unwinding their Russian businesses, becoming the first major U.S. banks to exit following Russia’s invasion of Ukraine and putting pressure on rivals to follow.
