Currencies

EU plans tariffs on Russia, Belarus farm produce, fertilisers

The European Commission proposed on Tuesday imposing tariffs on more agricultural products and certain nitrogen-based fertilisers from Russia and its ally Belarus to prevent a potential threat to EU...

Sterling slips as U.S. tariff jitters prevail

The pound fell against the dollar on Tuesday, looking set to break a three-day rising streak, as U.S. tariff threats retook the focus of currency investors after Monday's selloff in technology shares...

Russia oil trade to China, India stalls as sanctions drive up shipping costs

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions...

Exclusive-Russian oil refining rises as US sanctions target crude exports - sources

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more difficult, two...

Italy, Saudi Arabia ink strategic partnership deals worth $10 billion

Italy signed agreements worth around $10 billion with Saudi Arabia as part of a strengthened strategic partnership, Italian Prime Minister Giorgia Meloni said on Sunday after meeting Saudi Crown...

Russian government advisers warn of corporate bankruptcies wave

Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total corporate revenue doubled in 2024, a leading think tank advising the...

Netanyahu says France assures Israeli firms can take part in the Paris Air Show

JERUSALEM -Israeli Prime Minister Benjamin Netanyahu's office said on Sunday that French President Emmanuel Macron had given him assurances that Israeli companies would be able to take part in the...

Russian companies expect 2025 inflation above 10%, central bank survey shows

Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors stopping them expanding...

Dax rushes from record to record - Trump creates a buying mood

Since the inauguration of US President Donald Trump, there has been no stopping the DAX: at the end of the week, the leading German index, which had just broken through the 21,000-point mark on...

Sterling jumps as tariff doubts weigh on dollar

The pound rallied against the dollar on Friday, on track to close the week higher after three weeks of losses, as a lack of concrete tariff policies during U.S. President Donald Trump's first week in...

Russians could face jail for divulging logistics of sanctioned goods

A Russian draft law proposes punishment of up to seven years in prison and heavy fines for the public disclosure of information about the supply chains of sanctioned goods imported into Russia and...

BOJ likely to raise rates to highest in 17 years, signal more hikes

The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the 2008 global financial crisis, as a broad worldwide stocks rally calms policymakers' fears U.S. President...

Dax starts trading little changed after record run

After the price rally of the past few days, the DAX started trading on Thursday with little change. At 21,279 points, the leading German index was marginally firmer. The Dax broke...

Sterling dips as traders remain cautious on Trump tariffs

The pound fell slightly on Thursday as currency markets remained focused on U.S. President Donald Trump's threats of tariffs in his early days back in the White House. Sterling was last...

Dax investors duck their heads after Trump takes office

After the Dax jumped over the 21,000-point mark at the start of the week, investors are pulling back.The German leading index fell by 0.3 percent to 20,923 points after Donald Trump's return to the...

Funds start Trump 2.0 era most bullish on dollar since 2016: McGeever

ORLANDO, Florida -As Donald Trump begins his second term as U.S. president, currency speculators are giving the dollar their strongest backing since before he was first given keys to the White...

Russia's wealth fund chief says Trump could change history

The head of Russia's $23 billion sovereign wealth fund praised U.S. President Donald Trump on Tuesday, saying his raft of orders showed that decisive leadership could change the course of history,...

Russia's budget deficit widens to $34.4 billion after late spending spree

Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry said on Monday, with both spending and revenue rising sharply compared with...

As Trump is sworn in, Macron warns Europe it can't depend only on US weapons

French President Emmanuel Macron warned on Monday that the billions of euros of taxpayer money spent on Europe's military budgets should not be used to buy only American weapons, pushing for more...