Stocks ease as Ukraine attacks and rate outlook spark flight to havens
Global shares dropped on Monday after Russian missiles pounded cities across Ukraine and as renewed concern about the economic outlook sent investors into safe-haven assets such as the dollar and bonds.
Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit
Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International (RBIV.VI), have started looking for staff this month after Russian authorities moved to block them exiting the country, industry sources and a recruiting company said.
World stocks skid as consumer data flashes recession worry
Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession.
World stocks bounce as investors eye Putin’s next steps in Ukraine
Global stocks broke a four-day slide on Wednesday and demand for safe-haven assets waned, with investors waiting to see Russian President Vladimir Putin’s next move after he sent troops into separatist regions of Ukraine.
EXCLUSIVE ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures -sources
LONDON/MELBOURNE, Aug 3 (Reuters) – Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. The novel proposal, which is being […]
