Swiss watchmakers grapple with fallout of Russian crisis
Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians arising from the war in Ukraine.
Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians arising from the war in Ukraine.
U.S. farmers intend to plant 89.490 million acres of corn in 2022, down 4% from last year and below the lowest in a range of trade expectations, the U.S. Department of Agriculture said on Thursday. For soybeans, the USDA projected plantings at 90.955 million acres, up 4% from last year and above most analyst expectations.
U.S. listed companies that hold cryptocurrencies on behalf of users and customers should account for those assets as a liability on their balance sheet and disclose the related risks to investors, the securities regulator said on Thursday.
President Joe Biden on Thursday will announce the release of a million barrels of crude oil every day for the next six months from the U.S. Strategic Petroleum Reserve to help cool oil prices, the largest such release from the stockpile in history.
The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in coming days, IMF spokesperson Gerry Rice said on Thursday, as the Asian country seeks to stave off a severe economic crisis.
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.
PRAGUE (Reuters) -The Czech National Bank lifted its benchmark rate by 50 basis points to its highest level since 2001 on Thursday and said it was ready to tighten policy further to keep inflation expectations anchored while the war in Ukraine pushed prices higher.