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17 Mar

Russians have up to $213 billion stashed offshore in Swiss banks

Switzerland's secretive banks hold up to $213 billion of Russian wealth, the country's financial industry association estimates, as sanctions on Russia give a rare glimpse inside Swiss vaults.

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17 Mar

British pound drops after BoE hikes rates by 0.25%

The British pound reversed its earlier gains and fell on Thursday, as investors interpreted a Bank of England 8-1 vote in favour of raising interest rates by 0.25% to be a more dovish tightening than expected.

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17 Mar

Shares edge higher in Europe after Fed hikes rate

(Reuters) -European stocks edged higher on Thursday, tracking overnight gains on Wall Street following a widely anticipated U.S. interest rate hike, while lingering optimism about Russia-Ukraine peace talks kept sentiment largely upbeat.

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17 Mar

Analysis-As liquidity dries up, oil braces for whiplash volatility

A $40 a barrel rise and fall in oil prices in March pushed many investors to exit the volatile trade and created the conditions for more wild price swings in the weeks ahead, traders, bankers and analysts said.

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17 Mar

Dollar General forecasts strong 2022 as Americans turn frugal

(Reuters) -Dollar General Corp forecast sales and profit for 2022 above estimates on Thursday, as higher prices of everyday essentials make more Americans frugal and turn to discount stores for their groceries and household supplies.

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17 Mar

Japan parts makers halt output after quake, another blow to supply chain

TOKYO (Reuters) -Japan's Renesas Electronics Corp, Murata Manufacturing Co Ltd, Sony Group Corp and other precision parts makers halted some operations on Thursday after an earthquake jolted the country's northeast, the latest blow to the global supply chain.

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17 Mar

Dollar General forecasts full-year net sales above estimates

(Reuters) -Dollar General Corp forecast full-year sales above analysts' estimates on Thursday, as higher prices of everyday essentials make more Americans frugal and turn to discount stores for their groceries and household supplies.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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