By Carolyn Cohn and Jonathan Saul LONDON (Reuters) -Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the fac[...]
Read moreEconomy
European shares end lower, Britain outpaces as China-exposed miners jump
By Bansari Mayur Kamdar (Reuters) -European shares closed lower on Wednesday, weighed down by declines in energy stocks, while Britain’s FTSE 100 outpaced peers after a Christmas holiday as inve[...]
Read moreRussian pipeline gas exports to Europe collapse to a post-Soviet low
By Vladimir Soldatkin MOSCOW (Reuters) – Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine and[...]
Read moreU.S. pending home sales sag more than expected in November
(Reuters) – Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve[...]
Read moreLatam M&A expected to recover in 2023, IPOs may take longer
(This Dec. 27 story has been corrected to change Teodora Barone’s title in paragraph 17 to ‘equity capital markets head at UBS BB’ instead of ‘UBS BB executive director’)[...]
Read moreRussian rouble slumps again as volatile year-end trade continues
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as sanctions on Russian oil and their probable impact on export revenues put[...]
Read moreJapan to make raising wages a top priority, says senior govt official
By Leika Kihara TOKYO (Reuters) – Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday.[...]
Read moreTSX futures edge higher as investors eye China reopening
(Reuters) – Futures for Canada’s main stock index edged up on Wednesday as investors returned from a long holiday weekend to global optimism over China moving towards reopening its economy[...]
Read moreAgreement over IKEA’s Russia sale could be reached in days, says Moscow
MOSCOW (Reuters) – An agreement over the sale of IKEA’s factories in Russia could be reached by the end of this year, Russia’s industry minister said on Wednesday, as the Swedish fur[...]
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