According to Copley Fund Research, fewer than a fifth of actively managed developing market equities funds have reduced their exposure to Russian companies to zero, with a handful of funds unwilling to sell completely. After Western nations implemented sweeping sanctions… Read More ›
In a statement, Bulgaria’s Deputy Prime Minister Assen Vassilev said, Sofia will not support the European Union’s new sanctions on Russia if it does get an exemption on Russian energy imports. While talks among EU governments are moving closer towards… Read More ›
In a statement, the European Union’s envoy to Britain said, the bloc is ready to restart negotiations on the Northern Ireland protocol after a pause following a recent election; it however made it amply clear that will not overhaul clauses… Read More ›
A Florida pension fund has sued Elon Musk and Twitter Inc in an attempt to stop Musk from completing his $44 billion acquisition of the social media company before 2025. The Orlando Police Pension Fund has launched a proposed class action… Read More ›
On Friday, a report from China’s official Xinhua news agency said, He Xingxiang, a former vice president of China Development Bank (CDB), has been charged for taking bribes. “He has also been charged for issuing financial bills in violation of… Read More ›
Japan’s economy, commerce, and industry minister, Koichi Hagiuda, warned on Thursday that immediately following on a move to cut off Russian oil supplies over the Russian invasion of Ukraine would be “tough.” After the European Union’s executive recommended the strongest package of… Read More ›
Predictions of a hawkish Fed policy and fears about the impact of China’s lockdowns on regional economy caused Asian equities to suffer large foreign capital outflows in April. Refinitiv data for stock exchanges in Taiwan, India, South Korea, the Philippines, Vietnam, Indonesia,… Read More ›
In order to conserve money, Britons are buying less meat, fish, and poultry as the cost of living rises. According to market research firm NielsenIQ, volume sales of meat, fish, and poultry fell 13% year over year in the four… Read More ›
After oil and gas prices skyrocketed, BP’s profits for the first three months of this year more than doubled. The energy behemoth posted an underlying profit of $6.2 billion, up from $2.6 billion in the previous quarter and well ahead… Read More ›
On Wednesday, in a significant development, European Commission President Ursula von der Leyen told EU lawmakers in Strasbourg, the EU will ban three Russian state-owned broadcasters as part of its sixth sanctions package. “They will not be allowed to distribute… Read More ›
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