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| Request a Free Trial Search MenuSign In HomeRegionsColumnsFeaturesVideosPodcastsBooksCalculatorsUkraine/RussiaContact Us Sign InRequest a Free Trial HomeRegionsColumnsFeaturesVideosPodcastsBooksCalculatorsUkraine/RussiaContact Us RUSSIA FOSSIL FUEL EMBARGO HAS AN INEXORABLE LOGIC 25 May 2022 Western allies are discussing buyer-imposed caps or tariffs to shrink Russia’s oil and gas revenues. But the measures would keep money flowing to Moscow, and could trigger the abrupt end of Russian imports they are meant to delay. Better to jump straight to an embargo now. Global stability partly hangs on Saudi reinvention 25 May 2022 The kingdom’s efforts to shape its image go so far as branding a café at Davos bearing the crown prince’s name. Worldwide demand for oil and gas amid the Ukraine war gives Saudi extra power and a chance to realign itself politically. There’s much more work to do. U.S. sanctions give Russia default it doesn’t need Ready Soon | 25 May 2022 The Treasury won’t let Moscow pay U.S. bondholders, tipping it into default. The move further isolates Vladimir Putin but will have minimal impact. It’s a surreal twist given Russia can still pay its debts, while battlefield foe Ukraine urgently needs relief but isn’t getting it. Alibaba’s overseas growth push faces European test 25 May 2022 The $223 bln Chinese e-commerce giant hopes to offset sluggish growth at home by expanding in the region via its Southeast Asian offshoot, Lazada. But with a European market share of less than 5%, and entrenched rivals like Amazon, Alibaba may struggle to justify the investment. Snap! Elon Musk has another Twitter excuse 24 May 2022 The disappearing message app abruptly slashed its quarterly profit forecast, sending shares spiraling nearly 40%. That’s an ominous sign for Twitter, which like Snap, relies on brand advertisers. It also gives the Tesla boss another reason to bail on buying the social platform. Editors’ Picks How to stop margin calls from blowing up markets Features | 23 May 2022 After 2008, regulators pushed derivative trades away from banks and onto clearing houses with the power to request collateral. That cut the risk of blowups, but liquidity is still scarce during panics. The fix is to boost margin during good times, reducing the need for big calls. Smaller, warmer Davos confronts a siloed world 23 May 2022 The Swiss confab of global leaders returns this week after a gap of over two years. Pandemic, war, and the unusual spring timing explain some notable absences. As markets tumble and economies turn inward, founder Klaus Schwab’s knack for brokering relationships faces a test. Review: War on digital payment fails to hit target Features | 20 May 2022 Brett Scott’s “Cloudmoney” seeks to remind the world of the value of physical cash. It’s true that an overly automated system of money carries risks like the potential for surveillance. But the campaigner underestimates consumer demand for digital transactions. Broadcom will find VMware no Qualcomm, sadly 24 May 2022 Washington is unlikely to object to Broadcom’s bid for VMware the way it kiboshed a 2018 offer to buy wireless chip maker Qualcomm. The buyer is now American, the target has fewer securities ties, and a deal is more likely to be friendly. It’s also less desirable. BoE pours cold water on bank global-warming panic 24 May 2022 The watchdog’s stress test showed UK lenders can weather a chaotic climate switch without a capital hit. For bank CEOs copping flak for funding polluters, it’s a let-off. The other lesson is that governments will get little help from financial regulators in greening the economy. UK’s power tax plan may avoid tilting at windmills 24 May 2022 Shares in utilities like SSE and Drax dived after reports of Rishi Sunak eyeing up 10 bln pounds of excess profits. Windfalls from high power prices are hard to grab and North Sea oil is a better target. But the UK chancellor’s haul from power groups will still be far from zero. Debt-market chaos makes bank deposits great again 24 May 2022 Rising rates and volatility are a problem for fintech upstarts, like Affirm, which rely on wholesale markets to fund loans. Old-school lenders, flush with cheaper deposits, don’t face the same funding pressure. It gives banks a window to strike back. Biden tries a new tool for handling China: realism 24 May 2022 At first glance a pact with India, Japan and Vietnam looks short on substance and skips sensitive issues. The U.S. also looks likely to drop many tariffs against China. But where his predecessors’ bids to woo or contain Beijing failed, Biden’s are at least likely to prove durable. Explosives maker crosses its breakup wires 24 May 2022 Incitec Pivot unveiled plans to spin off its fertiliser arm. TNT rival Orica trades at a big premium, suggesting a split should lift the $5 bln market value. Unless CEO Jeanne Johns can allay investor fears about volatile agriculture markets, however, this demerger will be a dud. Capital Calls: Airbnb, Luckin’s turnaround 25 May 2022 Most Popular Biden tries a new tool for handling China: realism Snap! Elon Musk has another Twitter excuse Broadcom will find VMware no Qualcomm, sadly HSBC’s green loose cannon misfires at a bad time UK’s power tax plan may avoid tilting at windmills Broadcom’s build-up hints at future break-up 23 May 2022 JPMorgan and its customers deserve more credit 23 May 2022 HSBC’s green loose cannon misfires at a bad time 23 May 2022 Siemens Gamesa’s minorities can hold out for more 23 May 2022 U.S.-China divide creates fast lane for Hyundai 23 May 2022 Boeing’s chief pilot has risky path out of dive 20 May 2022 Ukraine’s spare energy can help itself and Europe 20 May 2022 ECB caught in a rate quagmire of its own making 20 May 2022 Xiaomi epitomises risks of supply chain buffering 20 May 2022 Spirit shareholders can push for more legroom 19 May 2022 Egypt’s hunger pangs are like 2011, but worse 19 May 2022 German fiscal obsession is ill-timed and untenable 19 May 2022 China sits in Russia oil sanction sweet spot 19 May 2022 Hong Kong can afford slow road to digital currency 19 May 2022 Market rout throws off math for open deals 18 May 2022 Wanted: Chillaxed CEO for $21 bln French laggard 18 May 2022 -------------------------------------------------------------------------------- Eikon Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface Refinitiv Data Platform Everything you need to empower your workflow and enhance your enterprise data management World-Check Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks Westlaw Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology ONESOURCE The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs CHECKPOINT The industry leader for online information for tax, accounting and finance professionals -------------------------------------------------------------------------------- * Browse by Topic * About Us * Journalists * Jobs * Contact Us * Feedback * Tips and Tricks * Mobile App © Reuters News & Media Ltd 2022. 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