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07 Mar

Tightening financial conditions sound alarm for world economy

Global financial conditions, perceived as strongly correlated with future growth, are at the tightest in two years, driven by soaring energy prices, sliding stocks and the market fallout from the Ukraine-Russia conflict.

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07 Mar

U.S. Congress negotiators nearing deal on Ukraine aid, government funding bill

WASHINGTON (Reuters) -U.S. congressional negotiators on Monday were near a deal on a bill to provide Ukraine with billions of dollars in emergency aid, along with additional COVID-19 funding and money to fund the U.S. government through Sept. 30, sources said.

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07 Mar

Global bank stocks decline as more firms cut Russia ties

Global bank stocks fell on Monday as depressed U.S. Treasury yields highlighted growing investor worries about economic damage from Russia's invasion of Ukraine and more financial firms cut ties with Russia.

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07 Mar

UK finance sector gender parity to take 30 years at current pace -study

The number of women employed in senior management of the UK financial sector will take 30 years to reach parity with men at the current pace, a UK government-backed initiative said on Monday as it announced steps to kick start "urgent action".

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07 Mar

Exclusive-Italy masts M&A looms as government moves to cut Rai Way stake - sources

ROME (Reuters) -Prime Minister Mario Draghi has approved a decree allowing Italy's state broadcaster RAI to cut its holding in towers unit Rai Way below 51%, three government officials said, in a move expected to trigger sector consolidation.

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07 Mar

UK chairman of Polymetal among 'mass exodus' from Russian firms

(Reuters) -Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal and metals and hydropower group EN+, have quit in response to the conflict in Ukraine.

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07 Mar

Exclusive-Italy moves to cut Rai Way stake, triggering towers M&A -sources

Prime Minister Mario Draghi has approved a decree allowing Italy's state broadcaster RAI to cut its holding in towers unit Rai Way below 51%, three government officials said, in a move expected to trigger sector consolidation.

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