financial markets

Barclays suspends sales of two products linked to oil, volatility

British bank Barclays (BARC.L) said on Monday it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets…

4 years ago

EU approves new round of Russia sanctions targeting energy, steel, defence sectors

The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which…

4 years ago

Explainer: LME nickel surge puts clearing houses in the spotlight

The London Metal Exchange (LME) took emergency measures to halt trading in nickel on Tuesday as prices doubled to more…

4 years ago

UBS has limited Russia exposure, but sees risks of unexpected increases

UBS's (UBSG.S) direct exposure to Russia made up $634 million of the Swiss bank's total emerging market exposure of $20.9 billion at…

4 years ago

Banks open fixed income front in Europe’s data price battle

The price of bond market data has risen by half over the past five years, which could prompt some users…

4 years ago

THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum

Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature…

4 years ago

Philips expects summer recovery from supply chain woes

Dutch health technology company Philips (PHG.AS) said on Monday it expects sales to recover strongly in the second half of the year,…

4 years ago

UK sees record job creation but inflation squeezes wages

British employers hired a record number of staff last month and labour shortages deepened, increasing the chance that the Bank…

4 years ago

Euro zone mulls how to make governments respect EU fiscal rules

Euro zone finance ministers will start a discussion on Monday on how to change the often-broken EU fiscal rules so…

4 years ago

Analysis: With Evergrande debt relief deal, China signals stability trumps austerity

If this week's developments at China's most indebted property developer are anything to go by, 2022 might see Beijing soften…

4 years ago