Ritu

Raiffeisen Slumps After Confirming OFAC Request For Information On Russia Business 0
- Uncategorized
- February 20, 2023
Shares in Raiffeisen Bank International (VIE:RBIV) slumped in early trade in Vienna on Monday, hurt by a report that it may be in trouble with U.S. authorities over its operations in Russia. The Austrian bank confirmed on Friday that the U.S. Office of Foreign Assets Control, an arm of the U.S. Treasury responsible for the
READ MORE
Maersk Nears Complete Russia Exit After Selling Logistics Sites 0
- Uncategorized
- February 20, 2023
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country. The group said the sale of its inland depot facility in Novorossiisk, with a capacity of 1,500 containers (TEU),
READ MORE

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes 0
- Uncategorized
- February 20, 2023
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events this week, while Chinese stocks rose sharply on the prospect of more stimulus spending by the government. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose around 1% each
READ MORE
Palantir Posts First Quarterly Profit Following New Contract Wins 0
- Uncategorized
- February 14, 2023
Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months of 2022, as a ramp-up in customers bolstered performance. On a GAAP basis, the U.S.-based data analytics company posted net income of $31 million in the quarter up to the end of December, translating to
READ MORE