Page 991 - Reuters

Explainer: Can companies leaving Russia recoup losses through insurance?

Russia's ruling United Russia party said in early March it is considering a proposal to nationalize foreign-owned firms that leave the country.

Kaisa latest China developer to delay earnings results; shares fall

Company says a coronavirus lockdown in Shenzhen left audit work incomplete so it cannot publish financial results on time.

Japan PM Kishida to consider new stimulus to ease fuel spike blow: Report

Nikkei newspaper reports the government will likely tap 5.5 trillion yen ($45.41 billion) in reserves set aside under the fiscal 2022 budget.

China telecom firm ZTE exits 5-year probation after US court ruling

ZTE had been accused of violating probation over an alleged conspiracy to commit visa fraud.

Asian banks 'falling short' on decarbonisation efforts, new study finds

Banks in Asia are "falling short" when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims of their nations, a new study says

Sri Lanka sends troops to fuel stations, aims to restructure its debt

The country will also hire a global law firm to provide technical assistance on debt restructuring ahead of talks with the International Monetary Fund on the country's economic crisis

Wall Street rises as bank shares rally, Nike boosts Dow Jones

Nine of the 11 major S&P sectors were up in early trading with financials and consumer discretionary rising the most.

Omicron sub-variant BA.2 makes up about 35% of Covid variants in US

As of March 20, the seven-day moving average of US Covid-19 cases was 27,786, down 17.6% from a week earlier.

China searches for survivors from plane crash with cause still unclear

Flight MU5735 was headed on Monday for the port city of Guangzhou from Kunming, capital of the southwestern province of Yunnan

Zomato faces backlash after announcing plans to deliver food in 10 minutes

Food-delivery giant Zomato Ltd is facing a backlash on social media for its plans to roll out a 10-minute food service

China Eastern crash could set back Boeing's China recovery, return of MAX

China was the first country to ground 737 MAX after fatal crashes in Indonesia and Ethiopia more than three years ago, and it is the only major market where the MAX has not resumed commercial flights

Goldman sees Fed Reserve hiking rates by 50 bps at May, June meetings

Goldman Sachs expects the US Federal Reserve to raise interest rates by 50 basis points each at its May and June meetings, following hawkish remarks by the central bank's chair Jerome Powell.

Cryptoverse: Bitcoin not anonymous enough for growing cohort of users

A volatile class of crypto known as privacy coins has quietly been gaining ground this month as maturing bitcoin inches towards mainstream finance

'Humble and hidden' auto suppliers driving electric vehicle revolution

The shift to electric cars may pose an existential threat to suppliers of combustion engines but for auto parts firms such as TE Connectivity the challenge is keeping up with demand

Crisis-hit Sri Lanka sends military personnel to oversee fuel distribution

Sri Lanka ordered its military to post soldiers at hundreds of gas stations on Tuesday, to help distribute fuel after a sudden rise in prices of key commodities

Indian shares fall as oil prices climb; banks, consumer companies weigh

State-controlled fuel retailers in India, which is the world's third-biggest consumer and importer of oil, will raise petrol and diesel pump prices for the first time since November

Malaysia's IHH Healthcare offers $1.35 billion for Ramsay-Sime Darby JV

Ramsay Health Care Ltd and Malaysia-based Sime Darby Holdings have received a $1.35 bn buyout offer from IHH Healthcare Bhd for their Asia joint venture, the Australian hospital operator said

Pressed to choose between Russia and Ukraine, China trade favors the West

Biden's warning of "consequences" for any aid China may give to Russia's Ukraine war effort aims to force Chinese President Xi to choose a longstanding lucrative trade relationship with West

Warren Buffett ends drought with Berkshire's $11.6 bn Alleghany purchase

Warren Buffett's Berkshire Hathaway struck an agreement to buy insurance company Alleghany Corp for $11.6 bn, weeks after the 91-year-old billionaire bemoaned a lack of good investment opportunities

EU split on Russia oil sanctions over Ukraine invasion, mulls other steps

The European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine