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11 Mar

Oil settles up but posts biggest weekly decline since Nov

BENGALURU (Reuters) -Oil prices settled higher on Friday but posted their steepest weekly decline since November, as traders assessed potential improvements to the supply outlook that has been disrupted by Russia's invasion of Ukraine.

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11 Mar

London Stock Exchange Group suspends all services in Russia

LONDON (Reuters) -Britain's London Stock Exchange Group said on Friday it is suspending all products and services for all customers in Russia, days after suspending the distribution of news and commentary in the country following new laws in Moscow.

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11 Mar

Exclusive-Sri Lanka to start talks with IMF as economic crisis worsens - sources

COLOMBO (Reuters) -Sri Lanka will begin talks with the International Monetary Fund (IMF) next month on a plan to help the crisis-hit country, where a foreign exchange shortage has squeezed essential imports amid looming debt payments, three sources said on Friday.

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11 Mar

Sony Pictures Entertainment has paused business operations in Russia

Sony Pictures Entertainment said Friday that it has paused business operations in Russia, two weeks after the studio suspended theatrical releases in the country.

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11 Mar

Oil rises but set for weekly loss as traders assess supply

BENGALURU (Reuters) -Oil prices rose Friday but still on track for a weekly decline as traders weighed headlines around Russia and Iran suggesting more possible supply disruptions, versus those promising remedies in a tight market.

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11 Mar

Tobacco group BAT to exit Russia, cuts 2022 outlook

(Reuters) -Camel and Lucky Strike cigarette maker British American Tobacco Plc said on Friday it would exit Russia and cut its fiscal 2022 guidance as a result, the latest company to leave the country due to worries about the safety of its employees.

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11 Mar

European stocks rise as Putin hints at progress in Ukraine talks

(Reuters) -European shares marked their biggest weekly gain this year, as signals from Russian President Vladimir Putin about a positive shift in talks with Ukraine helped markets end a volatile week on a firmer footing on Friday.

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