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No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine despite pressure from the United States to do so.
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Putin said Moscow - a major energy producer that supplies a third of Europe's gas - would continue to meet its contractual obligations even though it has been slammed with comprehensive sanctions
Operating in Moscow has been increasingly difficult for Western financial institutions amid international sanctions against Russia and banks have been weighing whether to remain or leave
The war in Ukraine is a shock, they note, but one the United States may have unintentionally insured itself against.
The company on Wednesday announced a 20-for-1 stock split, its first since 1999, and a $10 billion share buyback
The euro touched a 22-month low of $1.0804 earlier in the week, with investors expecting the crisis in Ukraine to have a sizeable impact on European growth.
US consumer price data due to be released later on Thursday is expected to show the pace of annual price increases jumped to 7.9% last month from 7.5% in January
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Addressing a government meeting, Putin also said Moscow - a major energy producer which supplies a third of Europe's gas - would continue to meet its contractual obligations
S&P expects duty cuts on petrol and diesel if global crude oil prices stay high
The foreign ministers of Russia and Ukraine met on Thursday in Turkey, the highest level contact between the two countries since the war began on February 24
A rush to safe-haven assets earlier this week due to the Ukraine crisis powered gold prices to near record levels hit in August 2020.
The statement from the central bank, released at 1245 GMT sent the yield of euro zone government bonds sharply higher and saw the dollar index reverse into negative territory
In the 12 months through February, the CPI shot up 7.9%, the biggest year-on-year increase since January 1982
Traders were looking to the ECB meeting later in the day for clues about how policy makers will balance the risk of higher inflation with the damage war in Ukraine will cause to economic growth
Russia could start offering more competitive prices to Chinese and Indian buyers as European and other customers spurn Russia because of sanctions, traders said
Ukraine's Foreign Minister Dmytro Kuleba met Russia's Sergei Lavrov in Turkey, but said he had secured no promise from him to halt firing so aid could reach civilians
Foreign ministers from Russia and Ukraine will meet in Turkey on Thursday in the first high-level talks between the two countries since Moscow invaded its neighbour
Uncertainty over where and when supply will come from to replace crude from the world's second-largest exporter Russia in a tight market has led to wide-ranging forecasts for oil prices