Page 1001 - Reuters

Putin is a spent force after Ukraine war; his army is done: UK minister

Russia's offensive in Ukraine, which the Kremlin calls a 'special military operation', is continuing but at a significantly slower pace.

Civilians set to start leaving Ukrainian city of Sumy: Deputy PM Vereshchuk

Civilians will start leaving the besieged Ukrainian city of Sumy on Tuesday under an agreement with Russia on the establishment of a humanitarian corridor, Ukrainian Deputy PM Iryna Vereshchuk said

Ukraine crisis could force govts to step up bloated fossil fuel subsidies

Even before Russia's invasion of Ukraine, rising energy costs had triggered a wave of subsidies despite countries agreeing to rein them in.

Diversity improves but it's still a man's world at top of Europe's banks

25 biggest banks by assets have seen 22 changes in chief executive and chair over the past two years: Twenty-one of those 22 jobs went to men.

Hong Kong's priority is to cut coronavirus infections, deaths: China

Hong Kong needs to stick to its "dynamic zero" coronavirus strategy, focused on reducing infections, severe illnesses and death, a senior Chinese health official said

Nuclear plant restarts may be Japan's best option for energy need: Lawmaker

Speeding up restart of nuclear reactors halted in the wake of the Fukushima nuclear accident may be Japan's best option for riding out any oil and gas shortages that result from sanctions on Russia

Carmakers face soaring metal costs as supplies veer clear of Russian goods

Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminium in the bodywork to palladium in catalytic converters.

Citigroup Inc plans 900 hires for commercial banking unit over three years

Citigroup Inc's commercial banking unit will hire 900 staff over the next three years, a large part of which will be for the U.S. bank's Asia Pacific business

Citigroup plans 900 hires for commercial banking unit in Asia Pacific

China and India will each get around 80 new hires. Hong Kong will add close to 100 people

US lawmakers push Biden to help transfer of European aircraft to Ukraine

US lawmakers pushed Biden's council on Monday to facilitate the transfer of fighter aircraft to Ukraine from Poland and other NATO and Eastern European countries, after a plea from Volodymyr Zelenskiy

OPEC, US shale executives meet as oil prices skyrocket in Ukraine crisis

It was at least the fourth time since 2017 that US shale oil producers and OPEC officials have held such meetings to discuss energy concerns.

Japan current account deficit at highest since 2014 on oil import costs

Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment income, with uncertainty due to Ukraine war and Covid-19

Australian refiners cease purchase of Russian crude oil to support Ukraine

Viva Energy joins a spate of companies limiting, putting on hold, or exiting business activities in Russia.

Qantas expects airfares to rise if oil price stays high due to Ukraine war

Qantas has hedged 90% of its fuel needs through the end of June and 50% in the following quarter, Chief Executive Alan Joyce says.

Nikkei hits 16-month low as oil rally sparks investor worries of slowdown

Wall Street's main indexes fell sharply overnight, with the Nasdaq Composite confirming it was in a bear market.

Fitch Ratings stops commercial operations in Russia with immediate effect

Fitch became the 2nd major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside the country would provide its coverage instead

Western ban on oil imports will double price to $300 a barrel: Russia

A Western ban on Russian oil imports may more than double the price to $300 a barrel and prompt the closure of the main gas pipeline to Germany, Moscow warned on Monday

Oil prices hit 14-year high on Russia oil ban talks, Iran crude deal delay

Oil prices jumped on Monday to their highest levels since 2008 as US, European allies considered banning Russian oil imports while it looked less likely that Iranian oil would return to global markets

World Bank approves $723 mn loans, grants for Ukraine amid Russia invasion

The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing government budget support as the country battles a Russian invasion

Russia insists on linking sanctions to nuclear talks, Iran stands firm

Moscow wants a written US guarantee that its trade, investment & military-technical cooperation with Iran would not be hindered by Western sanctions