 | | | | Djeneba Belem's fried bean cake stall in Abidjan is a world away from the war raging in Ukraine. But her business is now at the mercy of an unexpected consequence: runaway palm oil prices. | | | | | | Russia's National Wealth Fund (NWF), a rainy-day cushion containing oil revenues, will be the main source of financing for a budget deficit seen at 1.6 trillion roubles ($21.6 billion) or more in 2022, the finance minister said on Wednesday. | | | | | | U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market manipulation over the meltdown of his New York family office which left global banks nursing roughly $10 billion in losses. | | | | | | Supply chain disruptions and the war in Ukraine could curb global wine trade after it rebounded last year to a record level as countries eased coronavirus-related restrictions, international wine body OIV said on Wednesday. | | | | | | As Tesla's profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar. | | | | | | A U.S. district judge on Wednesday denied Tesla Inc CEO Elon Musk's request to end an agreement with the U.S. Securities and Exchange Commission for oversight over his tweets, the court ruling showed. | | | | | | A decline in discretionary income and consumer confidence due to record inflation is likely to dent revenue of U.S. premium mattress makers, who are already struggling to sustain the demand seen during the peak of the pandemic. | | | | | | Federal prosecutors have charged the owner of Archegos Capital Management Bill Hwang with racketeering and fraud as regulators said his manipulation of stock prices cost banks billions of dollars when his "house of cards" collapsed, according to documents released on Wednesday. | | | | | | Surging inflation and snarled supply lines have hit U.S. manufacturers like Snap-on Inc over the past year, but so far haven't hurt profits. | | | | | | The United States has suspended a trade review of Ukraine's intellectual property practices due to Russia's invasion and removed oil exporters Saudi Arabia and Kuwait from watch lists due to improvements in their protections of IP rights. | | | | | |
