Page 990 - Reuters

Dr. Reddy's plans 'business continuity' in Russia despite Western pullout

Indian pharmaceutical major Dr. Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia

Australia's east coast floods to be declared a national emergency: PM Scott

Floods that have devastated Australia's east coast will be declared a national emergency, PM Scott Morrison said on Wednesday, as authorities look to deploy aid and urgent supplies to worst hit areas

Hong Kong's zero-Covid fight takes mental toll on society: Experts

Infections have surged to record highs with more than 500,000 infections and more than 2,500 deaths most of which have been in the past two weeks.

Spotlight falls on natural gas amid energy transition debate & geopolitics

On the third day of the world's biggest energy conference, the spotlight will pick out natural gas amid debate on its role in the transition to cleaner energy

China Feb factory inflation eases, spotlight on global commodities

China's factory inflation in Feb eased to the slowest annual pace in eight months, but analysts expect a pick-up in the coming months from surging prices of global commodities including oil

Russia promises safe corridors for Ukraine refugees to flee battered cities

Russia said it is ready to provide humanitarian corridors on Wednesday for people fleeing Kyiv and 4 other Ukrainian cities, as the number of refugees surpass 2 million

US investigates options trade gained on Microsoft-Activision deal: WSJ

US probes large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard Inc shares in January, days before the videogame maker agreed to be acquired by Microsoft

War-driven oil price hikes to cut growth for big importers: World Bank exec

Persistent high oil prices prompted by Ukraine invasion could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South Africa and Turkey

Cathay Pacific narrows annual loss on cost cuts and strong cargo demand

Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday an annual loss of HK$5.5 bn ($703.45 mn), narrowing from prior year's HK$21.65 bn, thanks to cost-cutting efforts and strong air cargo demand

Hong Kong to focus Covid resources on elderly, strengthen medical treatment

Hong Kong leader Carrie Lam announced measures targeted at elderly residents as surge of Covid-19 cases sweeps through care homes with deaths rapidly climbing among city's unvaccinated seniors

As Russia attacks Ukraine, China eyes Indo-Pacific: Australian intelligence

A "troubling new strategic convergence" between Beijing and Moscow has developed and the risk of "major power conflict" had grown since Russia invaded Ukraine, Australia's intelligence chief said

Fitch cuts Russia's rating further into junk, says debt default is imminent

Fitch on Tuesday downgraded Russia's sovereign rating by six notches further into the junk territory to 'C' from 'B'

Western nations at risk of recession as Russia sanctions escalate: Analysis

Recession in Europe and North America may be the inevitable price for defending freedom, resisting aggression and upholding international law in Ukraine

Taiwan studies Russia-Ukraine war for own battle strategy with China

Taiwan's military strategists have been studying Russia's invasion of Ukraine, and the country's resistance, for the island's own battle strategy in the event China ever makes good threat

China's February factory-gate prices rise at slowest annual pace since June

China's producer prices in February rose at slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, uncertain global economy and domestic Covid outbreak

Japan downgrades final quarter GDP on weaker consumer, business spending

Japan's strong economic growth in 4th quarter of 2021 was downgraded in a revised estimate, while pressures from record Covid-19 cases and rising energy costs are increasing risks of contraction in Q4

Big brands and US ban on oil imports punish Russia for Ukraine invasion

A US ban on imports of Russia's oil ratcheted up punishment for the invasion of Ukraine on Tuesday as McDonald's and Starbucks closed outlets and Moscow promised safe passage for some people to flee

US ban on Russia oil may leave more cargoes at sea with no buyers: Analysts

US ban on Russian oil imports is likely to leave more cargoes at sea with no buyers, and the EU's decision to continue imports was unlikely to make much difference to disarray in Russian oil trade

Global shares fall, oil rises in volatile trading post Russia oil ban by US

Global share markets fell on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy imports over Moscow's invasion of Ukraine

Sovereign wealth funds likely to keep away from Russia, says researcher

Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, says researcher