 | | | | Credit Suisse Group said on Wednesday that a court in Bermuda was poised to rule against a local life insurance subsidiary of the Swiss bank that could potentially total more than $500 million. | | | | | | All three major U.S. stock indexes ended more than 1% lower on Wednesday as oil prices jumped and Western leaders began gathering in Brussels to plan more measures to pressure Russia to halt its conflict in Ukraine. | | | | | | Japan's Toyota Motor and Aurora Innovation Inc , a U.S. developer of automated driving systems, have started testing autonomous ride-hailing fleet in Texas, with two safety operators and no passenger on board, Aurora said on Tuesday. | | | | | | Federal Reserve policymakers on Wednesday signaled they stand ready to take more aggressive action to bring down unacceptably high inflation, including a possible half-percentage-point interest rate hike at the next policy meeting in May. | | | | | | Renault on Wednesday said it would suspend operations at its plant in Moscow while it assesses options on its majority stake in Avtovaz, the country's number one carmaker. | | | | | | Alphabet Inc's Google said on Wednesday that it would allow Spotify to use its own payment system in its Android app as part of a new pilot. | | | | | | More than a year after retail investors, aided by social media, forced an epic squeeze of a handful of heavily shorted stocks, a few of the famous "meme" stocks were back in the fast lane this week. | | | | | | South Korea's LG Energy Solution plans to build a battery factory in Arizona to supply to Tesla and other customers, two persons familiar with the matter told Reuters. | | | | | | The United States will "absolutely" enforce export controls if Chinese companies send semiconductors to Russia that were made with U.S technology, a move that could "essentially shut them down," Commerce Secretary Gina Raimondo said on Wednesday. | | | | | | Global banks including Citigroup Inc , JPMorgan Chase & Co and Societe Generale face pressure to commit to remaining as custodian banks in Russia, as rivals and funds fret they may lose services critical to future investment in the country. | | | | | |
