Analysis: China struggles for options as COVID threatens economic goals
China’s policymakers are struggling to find ways to ward off an economic slowdown that threatens job losses in a politically sensitive year, as COVID-19 lockdowns disrupt supply chains and jolt businesses.
European shares fall as Ukraine crisis, Fed tightening worries weigh
European shares were set for their worst day in nearly two weeks on Tuesday as worries about the war in Ukraine, aggressive monetary policy tightening by the U.S. Federal Reserve and a batch of upcoming earnings kept investors on edge.
Euro slips vs dollar ahead of expected red-hot U.S. inflation
The euro fell on Tuesday unable to hold on to the post-French election gains, as the dollar held firm supported by high U.S. yields ahead of inflation data expected to reinforce bets of aggressive monetary tightening.
Moscow says all foreign leased aircraft will remain in Russia
All foreign leased aircraft still in Russia after the termination of Western leasing contracts will remain in Russia, Deputy Prime Minister Yuri Borisov said on Thursday.
Explainer: Russia wants gas payments in roubles. Will buyers make the switch?
President Vladimir Putin signed a decree on Thursday requiring foreign buyers to pay roubles for Russian gas from April 1 or see their contracts halted, a move described as “blackmail” by European states.
UK sanctions Alfa, Gazprombank and Lavrov’s step daughter
Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman they said was the stepdaughter of Foreign Minister Sergei Lavrov.
Analysis: Climate goals take second place as EU states cut petrol prices
A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite to motorists but environmentalists say it flies in the face of commitments to curb global warming.
Morning Bid: “What a mess”
Global markets surged overnight as traders hailed China’s pledge to support its economy, chased an elusive breakthrough for a ceasefire in Ukraine and saluted a hawkish interest rate lift-off by the U.S. Federal Reserve.
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.
Bitcoin jumps after apparent Yellen statement quells U.S. clampdown fears
Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S. Treasury statement allayed market worries about a sudden tightening of U.S. rules around digital assets.
