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EXCLUSIVE Ford set to announce plans to run EV, ICE as separate businesses -sources

Ford Motor Co (F.N) on Wednesday will announce a reorganization under which its electric vehicle (EV) and internal-combustion engine (ICE) units will…

4 years ago

Russia hikes rate to 20% in emergency move, tells companies to sell FX

The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move, and…

4 years ago

Asian shares rebound but markets eye long-term Russia-Ukraine risk

Asian markets rebounded on Friday following Wall Street's surprising overnight reversal, as investors weighed the longer-term impact of tough Western…

4 years ago

Analysis: Russia’s economic defences likely to crumble over time under sanctions onslaught

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is…

4 years ago

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…

4 years ago

U.S. to hold its biggest offshore wind auction

The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering…

4 years ago

EXCLUSIVE U.S. plans to cut ties with targeted Russian banks if Ukraine is invaded – sources

President Joe Biden's administration has prepared an initial package of sanctions against Russia that includes barring U.S. financial institutions from…

4 years ago

Markets brace for heavy falls as Russia-Ukraine crisis escalates

Investors were bracing for a torrid day for Russian, Ukrainian and wider global markets when they reopen on Tuesday, after…

4 years ago

Morning Bid: A break in the storm clouds

Markets breathed a sigh of relief after the U.S. Secretary of State Antony Blinken agreed to a meeting with Russia's…

4 years ago

G20 must push relief to avoid debt crises – experts, campaigners

Wealthy nations must improve their floundering flagship debt relief initiative or face a spate of debt crises in the developing…

4 years ago