 | | | | Bank of New York Mellon Corp said on Thursday it has paused new banking business in Russia and expects a $100-million revenue impact in the first quarter as it joins a host of companies pulling out from the country after it invaded Ukraine. | | | | | | Coupon payments on Russian sovereign bonds due this week were received by correspondent bank JPMorgan , processed and the bank then made an onwards credit to the paying agent Citi , a source familiar with the situation said on Thursday, an indicator that the country may have averted default. | | | | | | A union representing workers at BHP's sprawling Escondida copper mine in Chile, the world's largest copper mine, on Thursday threatened a work stoppage over what it claims are breaches in its collective contract. | | | | | | U.S. private equity firm Sycamore Partners is weighing a takeover bid for the British fashion retailer Ted Baker , Sky News reported on Thursday. | | | | | | FedEx Corp posted a stronger quarterly profit on Thursday as the U.S. package delivery firm benefited from a boom in online shopping. | | | | | | GameStop Corp on Thursday reported a net loss for the fourth quarter as the video game retailer spent more to pivot its largely brick-and-mortar business towards e-commerce. | | | | | | The U.S. House of Representatives overwhelmingly backed legislation on Thursday to remove "most favored nation" trade status for Russia and Belarus over the invasion of Ukraine, paving the way for higher tariffs on imports from the countries. | | | | | | Despite the turbulent, stop-start trading of nickel on the London Metal Exchange, frustrated investors who may want to shift their business elsewhere have found there are no quick and easy alternatives. | | | | | | The television channel of a sanctioned Russian businessman on Thursday said Alphabet Inc's Google had lost a court appeal against a 2021 ruling that the company pay a compounding fine for blocking access to the channel's YouTube account. | | | | | | Days ahead of a possible shutdown of Canadian Pacific Railway Ltd due to a labor dispute, manufacturers are rushing to move autos and chemicals, Nutrien Ltd is pre-positioning fertilizer in the United States, and grain handlers are asking farmers to hold off on crop deliveries. | | | | | |
