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25 Feb

EU says sanctions target 70% of Russian banking market

EU leaders have agreed sanctions on Moscow that target 70% of the Russian banking market and key state owned companies, including in defence, EU Commission chief Ursula von der Leyen said in a tweet early on Friday.

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24 Feb

Brazil's Vale maintains 'positive' outlook for iron ore, nickel prices

SAO PAULO (Reuters) -Brazilian miner Vale SA on Thursday said it maintained "positive" expectations for the price of iron ore and nickel in the long term, two of its key products, after reporting quarterly earnings that beat analyst expectations.

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24 Feb

Brazil's Vale beats 4th-quarter profit estimates on forex gains

SAO PAULO (Reuters) -Brazilian miner Vale SA on Thursday reported its fourth-quarter net profit nearly doubled to $5.4 billion, beating analysts forecasts of $4.70 billion, helped by accounting gains.

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24 Feb

Morgan Stanley discloses investigation into block trading business

Morgan Stanley said on Thursday U.S. regulators and prosecutors were probing various aspects of the investment bank's block trading business.

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24 Feb

Russian central bank pledges support to sanctions-hit banks, promises to honor forex deposits

Russia's central bank is ready to support banks hit by Western sanctions, it said on Friday, promising to provide them with rouble and foreign exchange liquidity while saying claims to withdraw forex deposits would be fulfilled in full.

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24 Feb

Dell expects PC backlog to balloon in Q1 amid supply chain snarls

(Reuters) -Dell Technologies Inc said on Thursday it expects PC backlog to balloon in the first quarter due to supply chain constraints and reported a quarterly profit miss, sending its shares down 7% in extended trading.

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24 Feb

Brazil's Vale beats 4th-quarter profit estimates

Brazilian miner Vale reported on Thursday a fourth-quarter net profit of $5.4 billion, above analyst forecasts of $4.70 billion.

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