Russia Ukraine Archives - Page 5 of 11

Eurobank Cyprus steams ahead with more profits

Eurobank Cyprus recorded yet another year of growth with its 2021 profits rising to €52.3 mln, up €12.2 mln from the year before, reducing its non-performing loans further and mostly unaffected by

25th March 2022

Companies/Cyprus

Markets stabilise on US-EU LNG deal

By Craig Erlam European stock markets are making modest gains at the end of the week, but broadly remain in consolidation, as has been the case throughout. We appear to have reached

25th March 2022

Markets/World

Equities stable, Russian trading resumes

By Craig Erlam It’s been a relatively slow start to trading in equity markets as we approach the end of the week, with stocks losing the momentum that’s driven the strong recovery

24th March 2022

Markets/World

Tourism off to a good start, war and sanctions aside

The island’s battered tourism industry is trying to recover from the coronavirus, as well as the impact from the war in Ukraine and sanctions on Russia, as it gets off to a

24th March 2022

Cyprus/Economy

RCB starts winding down

RCB Bank has embarked on an “orderly winding down” of its Cyprus banking operations, following the announcement a month ago of the transfer of shares held by Russian entities to local stakeholders,

24th March 2022

Companies/Cyprus

Stocks slip as oil and gas surge

By Craig Erlam European stocks posted losses of 1% on Wednesday, paring some of the gains we’ve seen over the last couple of weeks. We’ve clearly seen an improvement in sentiment recently

23rd March 2022

Markets/World

Debt dump continues, egged on by hawkish Fed

By Han Tan, Chief Market Analyst at Exinity Group Bonds are extending their slump worldwide, driven by fears that central banks have to get more aggressive in quelling red-hot inflation. Earlier this

23rd March 2022

Markets/World

Guterres: Addiction to fossil fuels is ‘madness’

Addiction to fossil fuels will drive the world’s “mutually assured destruction,” while it could also hit investment portfolios, according to the CEO of a leading financial advisory and fintech organisations, echoing the

23rd March 2022

Markets/World

Investors undeterred as Powell turns hawkish

By Craig Erlam Stock markets made decent gains on Tuesday, bouncing back quickly from the disappointment late Monday as Fed Chair Powell turned the hawkish dial up a notch. It didn’t take

22nd March 2022

Markets/World

Russia’s ten richest losing $45 bln

The impact of Russia’s invasion of Ukraine is now reflecting in the net worth of the country’s elite business people known to control vast fortunes, as the economic sanctions imposed by the

22nd March 2022

Life & Society/Markets/World