Investors in India’s Paytm have no access to payments bank data, CEO says
Investors in India’s Paytm (PAYT.NS) do not have access to customer data of its payments bank, CEO Vijay Shekhar Sharma told Reuters in an interview on Monday, seeking to allay concerns over reports of user data being leaked to Chinese firms.
Analysis: Investors see risks spiking, fear market-wide liquidity crunch
Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets.
eCom helps in achieving the UK and Scottish Governments’ Energy Strategy aims
Helping people re-focus their energy-related industry skills – along with up-skilling and re-skilling for the energy industry – are key ways in which the digital learning and assessment specialist, eCom Learning Solutions is contributing to achieve the aims of the UK’s and the Scottish Government’s Energy Strategies. A member of both Offshore Energies UK (OEUK), […]
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 include bans on investments in the Russian energy sector, luxury goods exports and imports of steel products from Russia.
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.
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.
