Page 1025 - Reuters/workspace/business Standard Web/undefined

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

Oil prices surge as US bans Russian crude, Britain launches phase out

Oil prices settled around 4% higher on Tuesday as the US banned Russian oil imports and Britain said it will phase them out by year end

Ukraine crisis: Oil prices surge as US and Britain cut off Russian crude

Britain said it will phase out the import of Russian oil and oil products by 2022

PepsiCo Inc explores options for its Russian business, says report

Political pressure is building on Western companies to halt business in Russia following the country's invasion of Ukraine.

Factories that shut operations in Russia may be nationalised

The statement mentioned Finnish privately-owned food companies Fazer, Valio and Paulig as the latest to announce closures in Russia

Opposition seeks Pak PM Imran Khan ouster, moves no-confidence motion

Pakistan's next general election is due by 2023.

Sri Lanka devalues rupee, seen as step towards IMF help

Sri Lanka's foreign reserves fell to $2.36 billion at the end of January

Apple announces low-cost iPhone SE with 5G, faster chip for new Mac Studio

The new iPad Air also features a 12-megapixel front camera

LME suspends nickel trade after prices soar past $100,000 a tonne

The trading shutdown after Western sanctions threatened supply from major producer Russia is the biggest crisis to hit the 145-year-old exchange in decades.

Global shares slide, oil rises as Russian oil ban looms

Since Russia invaded Ukraine on February 24, Western sanctions have cut Russia off from international trade and financial markets.

Russia says Kyiv declined to endorse evacuation routes towards Ukraine

The Russian defence ministry said 723 people had been evacuated through the Sumy-Poltava corridor, including 576 Indian nationals, in a first convoy.