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  • Ukraine’s Economy Stabilizes After Shock of War

    Ukraine’s Economy Stabilizes After Shock of War0

    When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains – domestic and overseas – collapsed. Fresh produce became scarce and panic buying spread. Oleksiy Panasenko, deputy director general for operations at the popular outlet, recalls how the business reeled before Novus, like

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  • Oil Prices Move Little in Anticipation Of More China Cues

    Oil Prices Move Little in Anticipation Of More China Cues0

    Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues on demand from key Chinese economic readings this week. Readings on China’s Purchasing Mangers’ Index (PMI) for February are due on Wednesday. Indicators for January had portrayed a somewhat mixed

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  • Abandon Hope, Cineworld Tells Shareholders

    Abandon Hope, Cineworld Tells Shareholders0

    Cineworld (LON:CINE) shareholders are set to be wiped out completely after talks to bring the company out of bankruptcy failed to attract enough interest from buyers. The owner of the Regal chain of cinemas, which collapsed under the weight of its debts last year, said it had failed to persuade potential buyers to make a

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  • At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War

    At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War0

    U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. Indian Prime Minister Narendra Modi urged the financial leaders to focus on the world’s “most vulnerable citizens”, making no direct

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