Page 1005 - Reuters

US steps up pressure on Russia for Ukraine war, calls for raising tariffs

Washington's moves to tighten the screws on Moscow come as US and European officials accuse Russia of war crimes.

Stocks dive on surging inflation, Ukraine risks; China markets sell-off

Asian shares extended a global slump on Friday after the fastest US inflation in four decades and a hawkish European Central Bank (ECB) bolstered expectations for more aggressive rate hikes

Oil crawls higher on supply doubts, but heads for sharp weekly decline

Oil prices clawed back some losses on Friday but were on track for their biggest weekly drops since November after see-sawing on fears of escalating bans on Russian oil

'Nobody entered EU overnight': Ukraine's hopes of quick membership dashed

Russian invasion of Ukraine has spurred EU capitals into rethinking what the bloc should stand for.

Oil crawls higher on supply doubts, but set for sharp weekly decline

Brent crude futures inched up 11 cents to $109.44 a barrel at 0149 GMT after dropping 1.6% in the previous session.

US dollar hits 5-year high on Yen, Euro pressured by growth risks

The dollar hit a new five-year high on the yen on Friday after a strong U.S. inflation report, while the euro struggled to hold its own as a hawkish turn from the European Central Bank was offset by g

New Zealand's Fonterra ends partnership with Future after Covid disruptions

New Zealand dairy giant Fonterra Co-operative Group Ltd will wind down its 2018 joint venture with Future Consumer Ltd in the wake of COVID-led disruptions, Future said on Thursday.

Besieged Ukrainians endure Russian air raids, with no breakthrough in talks

President Volodymyr Zelenskiy says Ukrainian authorities had managed to evacuate almost 40,000 people from cities.

Oil extends losses as Russia pledges to fulfil supply contracts

Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfill contractual obligations

Oil shock is coming, but US may have already paid for it: Report

The gusher of money the US government poured into family bank accounts during the coronavirus pandemic may now help limit the economic damage from Russia's invasion of Ukraine

Global share markets fall as US inflation hits nearly 8%, ECB moves

Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S. Federal Reserve will raise interest rates next week

Euro eases after ECB meeting, while dollar firms following inflation data

The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter

Russia may refuse to return leased planes, pay in rubles: Report

The sanctions have also frozen much of Russia's foreign reserves and forced authorities to look for ways to limit foreign currency outflows

Chelsea owner Abramovich, Rosneft boss Sechin hit by UK sanctions

Chelsea's activities from selling new tickets to signing players were instantly restricted, but it was allowed to play

ECB pushes on with stimulus exit, hikes inflation forecasts for 2022-24

February's record 5.8 per cent inflation rate and the prospect of an even higher reading in March intensified pressure on the bank to act in line with its inflation-busting mandate

China not supplying aircraft parts after sanctions, says Russia

Russia would eye opportunities to source parts from countries, including Turkey and India, after failing to get them from China

Russia accepts economy in 'shock' as tanks roll into Kyiv's outskirts

Kremlin to ask military for info on hospital strike

YouTube, Google Play suspend payment-based services in Russia

Google will also pause ads for advertisers based in Russia across its properties and networks globally, the company said

Oil edges back up despite Putin's pledge to honour supply commitments

Since Russia's February 24 invasion of Ukraine, oil markets have been the most volatile in two years, with global benchmark Brent crude recording its biggest decline since April, 2020

Gold steadies near $2,000/oz as Ukraine worries support

Spot gold were steady at $1,992.37 per ounce by 1544 GMT, after tumbling as much as 3% on Wednesday. US gold futures inched up 0.5% to $1,998.60