Shell pulls out of Russian oil and gas
Shell on Tuesday apologized for buying Russian crude oil last week and said it would completely renounce any involvement in…
LME Suspends Nickel Trading Day After Record Price Rise
The London Metal Exchange (LME) said Tuesday it has suspended trading in nickel on all markets until at least the…
Dollar falls, euro still rises
The US dollar fell on Tuesday, while the euro traded slightly above a 22-month low in the previous session as…
Lego revenue jumped 27% due to stay-at-home policy
Sales of Lego sets continued to rise in 2021 as children and adults stayed home to build Star Wars and…
Treasury yields fall with a focus on the Russian-Ukrainian war and inflation data
Treasury yields slipped Monday morning as investors focused on the development of the Russian-Ukrainian war as well as inflation data…
European stock markets poised to open lower as oil prices rise as US and Allies consider Russian oil ban
European stocks are set to fall on Monday after news that the US and European allies are considering a ban…
Dow falls for fourth week in a row as war in Ukraine overshadows strong jobs report
Stock futures tumbled early Friday as worrisome developments in Ukraine weighed on investor sentiment as investors digested the latest labor…
Microsoft suspends product sales and services in Russia
Microsoft Corp (NASDAQ:MSFT) said on Friday it is suspending new sales of its products and services in Russia, following an…
Drivers of the American trading session on March 04: main news, as well as the movement of stocks in the premarket: BBY, GPS, TSLA, and others
Stock futures tumbled early Friday as worrisome developments in Ukraine weighed on investor sentiment as investors digested the latest labor…
Traders lose $221 mln due to bitcoin and altcoin liquidation
According to the latest data from Coinglass, 60,062 traders were liquidated due to the collapse of the entire crypto market.…
Palladium rises at its highest pace in 2 years amid growing concerns about supplies to Russia
Palladium extended gains on Friday, pushing past $2,800 an ounce on its way to its best week in two years…
U.S. stock futures slide as investors weigh in on developments in Ukraine ahead of the key jobs report
Futures tied to the Dow Jones Industrial Average fell 274 points or 0.8%. S&P 500 futures were down 0.82% and…
Hyundai Motor continues to suspend work at the Russian assembly plant
South Korean Hyundai Motor Co has not decided when to reopen its assembly plant in St. Petersburg, the company said…
The price of oil rises due to the escalation of the conflict in Ukraine
Oil prices rebounded on Friday as fears of Western sanctions that could disrupt Russian oil exports outweighed the possibility of…
Asia-Pacific trading session March 04
The region’s shares fell on Friday as investors remain concerned about Russia’s invasion of Ukraine. Hong Kong’s Hang Seng Index…
Euro risks cut to parity as Ukraine war is ‘most liquid short’
What seemed almost impossible just a few months ago is now turning into a tangible risk: this year the euro…
Chelsea banker says Abramovich’s exit won’t be hasty
Roman Abramovich will not rush to sell English football team Chelsea FC, a sales adviser told Reuters, even as the…
European markets opened lower due to Russian attack on Ukrainian power plant
On Friday, European markets will fall due to the escalation of the Russian invasion of Ukraine, with Russian troops attacking…
TD Bank outperforms business lending scores in Canada
Toronto-Dominion Bank beat analysts’ estimates for quarterly earnings on Thursday, bolstering profits on stronger lending, especially to businesses in Canada,…
IAEA chief to visit Iran as a possible stimulus for a nuclear deal
The head of the International Atomic Energy Agency will visit Tehran on Saturday, the agency confirmed on Thursday, raising the…
U.S. Treasury bond yields rose Thursday morning despite the intensification of the conflict between Russia and Ukraine
The yield on the benchmark 10-year Treasury rose 1 basis point to 1.8784% at 4:50 am ET. The 30-year Treasury…
Oil rises faster and Russia’s isolation deepens
Oil prices surged on Thursday as the war in Ukraine sparked a frenzied rush for resources, an ominous sign of…
Russian companies rush to open Chinese bank accounts due to sanctions
The Moscow branch of a Chinese state-owned bank has faced a surge in requests from Russian firms looking to open…
The UK bans insuring Russian aerospace companies
The UK will ban Russian companies from the London insurance market, the world’s largest center for commercial and specialist insurance,…
Allies are trying to destroy the Russian economy: Analysts say they will succeed
Western countries have responded to Russia’s invasion of Ukraine with a slew of sanctions designed to cripple the country’s economy,…
Asia-Pacific trading session March 03
Region stocks diverged as oil prices continue to rise, pushing Brent crude past $116 a barrel. Asia-Pacific stocks were mixed…
Stock futures rise amid tensions between Russia and Ukraine
U.S. stock index futures edged up slightly in early Thursday trading after major indices ended the day higher despite escalating…
Wheat prices “rose” again to a maximum in almost 14 years against the backdrop of the ongoing Russian-Ukrainian conflict
Wheat futures hit a new multi-year high on Wednesday as the war between major exporters Russia and Ukraine continues to…
Ford creates separate unit for Model e electric vehicles
Ford Motor Co on Wednesday outlined plans to operate its electric vehicle (EV) division separately from its aging internal combustion…
Dow recovers on Wednesday as investors shake off escalating Russian-Ukrainian conflict, oil surge
Shares rose on Wednesday despite the continued rise in oil prices amid an escalating conflict between Russia and Ukraine. The…
Ralph Lauren chief executive Howard Smith resigns after investigation finds he violated corporate ethics
Ralph Lauren said on Wednesday that his executive vice president and chief commercial officer, Howard Smith, will step down immediately…
Drivers of the American trading session on March 02: the main news before the start of trading, as well as the movement of shares in the premarket: F, JWN, SOFI, and others
US stock markets will open moderately higher later, offsetting less than half of Tuesday’s losses. By 1340 GMT, Dow Jones…
Companies added 475,000 jobs in February, better than expected, according to ADP
Private-sector jobs grew faster than expected in February, according to estimates released Wednesday by payroll company ADP. The companies added…
Russian Sberbank collapsed by 95% on the London Stock Exchange after leaving Europe
Shares of Sberbank of Russia fell 95% on the London Stock Exchange on Wednesday to a cent after the bank…
Nordstrom shares rise as department store chain takes “baby steps”. But it still has room to move
Shares of Nordstrom soar after the department store chain released bullish guidance for the coming year, forecasting single-digit earnings and…
JPMorgan: Sanctions ‘significantly’ raise the chance of Russian default on international debt
The sanctions imposed on Russia have significantly increased the likelihood of the country defaulting on its dollar and other government…
EU excludes seven Russian banks from SWIFT – Official Journal
The European Union is excluding seven Russian banks from the SWIFT messaging system, which underpins global transactions, as part of…
Boeing, Exxon, and Apple join Western firms leaving Russia over Ukraine
Boeing has suspended maintenance and technical support for Russian airlines, and U.S. energy company Exxon Mobil (NYSE:XOM) has said it…
Putin’s obsession with Ukraine has left analysts questioning his rationality
President Vladimir Putin’s massive attack on Ukraine and the accompanying rhetoric have led a number of political analysts to question…
Shares of European banks continue to fall, while Sberbank of Russia leaves Europe
European banks traded lower on Wednesday after two days of heavy losses, hitting a nearly 11-month low as the crisis…
