Tag: CISC
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The Russian Tinkoff Bank will stop trading in euros from February 27
Feb 26 (Reuters) – Russian online bank Tinkoff, run by TCS Group Holding (TCSq.L), said on Sunday it would suspend euro trading from Monday following the imposition of a new set of sanctions from the European Union. The EU agreed on a tenth round of punitive measures late Friday to punish Russia for its invasion […]
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The French defense group Thales recruits 12,000 men as orders soar
PARIS, Feb. 26 (Reuters) – French defense and technology group Thales (TCFP.PA) plans to hire 12,000 new employees this year as there is strong demand for all its products, CEO Patrice Caine said in a statement. interview with the French weekly Le Journal du Dimanche. He said Thales, which has a total of 80,000 employees, […]
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Russia halts pipeline oil supply to Poland, says PKN Orlen
WARSAW, Feb. 25 (Reuters) – Russia has cut oil supplies to Poland through the Druzhba pipeline, the CEO of the Polish refinery PKN Orlen (PKN.WA) said on Saturday, adding that the company would explore alternative sources to supply it to close the hole. . The halt to supplies through the pipeline – which is exempt […]
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IMF flags hurdles for debt restructuring, says banning crypto should be an option
BENGALURU, Feb. 25 (Reuters) – There are some disagreements over debt restructuring for distressed economies, the International Monetary Fund chief said Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies would be an option. must be. India’s G20 presidency comes at a time when South Asian neighbors Sri Lanka, Bangladesh and […]
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Exclusive: Russia plans oil export cuts in March, sources say
MOSCOW/LONDON, Feb. 22 (Reuters) – Russia plans to cut oil exports from its western ports by up to 25% in March from February, surpassing announced production cuts in a bid to drive prices for its oil increase, three sources in the Russian said the oil market. The Russian Ministry of Energy declined to comment. Russia’s […]
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HSBC’s dividend boom was offset by concerns that the gain from the rate hike could be over
Q4 pre-tax profit of $5.2 billion, better than analyst estimates Return on equity target not raised, Hong Kong shares fall 2.1% Special dividend of $0.21/share once asset sale in Canada is completed New share buybacks are being considered in Q1 2023 ‘Don’t cut costs’ – CEO; $300 million hit from the sale of operations in […]
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Exclusive: US Sanctions Authority Investigates Raiffeisen on Russia
FRANKFURT/VIENNA, Feb. 17 (Reuters) – The United States sanctions authority has launched an investigation into Raiffeisen Bank International (RBIV.VI) over its activities related to Russia, leading the Austrian lender, which plays a crucial role in the Russian economy. In response to questions from Reuters, the bank said it received a request in January from the […]