U.S. profit forecasts weaken as companies assess inflation risks
NEW YORK, May 9 (Reuters) – With first-quarter U.S. earnings in the final stretch, corporate growth expectations for the current quarter and 2022 mostly are...
Analysis: Banks face reversal of fortune from war and runaway inflation
New era of rising rates renews focus on lending risks Policymakers run recession gauntlet to curb inflation War, geopolitics threaten long-lasting economic pain LONDON/BERLIN, May...
Putin puts West on notice: Moscow can terminate exports and deals
Russian President Vladimir Putin delivers a speech during a meeting of the Council of Legislators at the Federal Assembly in Saint Petersburg, Russia April 27,...
Global renewable power prices soar on heavy demand, chaotic supply chain
April 13 (Reuters) – Prices for wind and solar power in major global markets have climbed nearly 30% in a year as developers have struggled...
Putin says world faces food crisis due to West’s sanctions
Russian President Vladimir Putin attends a meeting with the head of the Republic of Ingushetia Makhmud-Ali Kalimatov at the Kremlin in Moscow, Russia March 30,...
China’s largest banks signal tough times ahead
A security guard wearing a mask following the coronavirus disease (COVID-19) outbreak is seen near the Bank of China in Beijing, China, October 19, 2020....
Goldman, JPMorgan unwind Russia business, EU banks disclose more exposures
Credit Suisse, Deutsche Bank detail Russia exposure Financial firms scramble to distance themselves from Russia BNP Paribas cuts Russia workforce off from systems LONDON/NEW YORK,...
Putin likens Western sanctions to war as Russian assault traps Ukrainian civilians
Russia, Ukraine trade blame over stalled evacuation Up to 1.5 million refugees expected by Sunday night In call with U.S. Senate, Zelenskiy requests more help...
Oil surges to multi-year highs as Russian supply shortfall looms
Brent hits highest since 2012 this week, WTI highest since 2008 Brent soars 21% this week, WTI jumps 26% Biden looks at options to cut...
Global banks eschew risk as they navigate Russia sanctions quagmire
WASHINGTON/HONG KONG, March 2 (Reuters) – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with...