ECONOMY & MARKETS

Oil prices jumped more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities.

Oil prices jumped by more than $6 on Monday, with Brent crude climbing above $114 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities.

Stock markets around the world dipped on Monday as fighting in Ukraine raged on with no sign of a ceasefire even as negotiations continued, while Brent crude prices climbed above $110 a barrel as supplies remained tight.

Asian share markets started the week in a cautious mood on Monday as investors clung to hopes for an eventual peace deal in Ukraine, but the fighting raged on with no sign of stopping.

U.S. stock indexes were weaker on Monday, giving back some of last week's gains, and oil prices jumped, as investors refocused on risk as the conflict in Ukraine continued and the U.S.

U.S. stocks declined broadly while oil prices and Treasury yields pushed higher on Monday as investors refocused on risks from conflict in Ukraine and the U.S.

Share markets were in a sober mood on Monday as fighting in Ukraine raged on with no sign of stopping, leaving investors clutching at hopes for an eventual peace deal, while oil prices climbed anew as supplies remained tight.

Asian share markets started the week in a sober mood on Monday as fighting in Ukraine raged on with no sign of stopping, leaving investors clutching at hopes for an eventual peace deal.

The International Money Fund (IMF) has asked Pakistan to explain how it would fund a $1.5 billion subsidy package announced by Prime Minister Imran Khan, Finance Minister Shaukat Tarin said on Sunday.

Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a sustained rebound or more turbulence.

Italy will approve measures on Friday to help consumers and firms cope with surging energy costs exacerbated by the Ukraine crisis, a draft decree seen by Reuters showed.

Italy on Friday approved measures to help consumers and firms cope with surging energy costs exacerbated by the Ukraine crisis, in a wide-ranging decree that also strengthens Rome's powers to shield key assets from foreign bids.

The Federal Reserve should raise its policy rate to the range of 1.75% to 2% this year, Minneapolis Fed President Neel Kashkari said on Friday, and at least modestly higher after that to put the brakes on the economy and bring down inflation.

Carlo Vittorio Ferrari, who runs a farm holding 2,000 pigs with his brother near the town of Cremona in northern Italy, fears his fourth generation family business could be lost due to conflict in Ukraine.

Two of the Federal Reserve's most hawkish policymakers on Friday said the central bank needs to take more aggressive steps to combat inflation, and a third - who just six months ago was the U.S.

Two of the Federal Reserve's most hawkish policymakers on Friday said the central bank needs to take more aggressive steps to combat inflation

Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the safe-haven metal was hit by hopes of progress in peace talks between Russia and Ukraine as well as a U.S.

The European Union's southern countries called on Friday for the bloc to adopt common energy policies in the face of surging prices and the need to reduce dependency on Russia following its invasion of Ukraine.

U.S. home sales fell by the most in a year in February as a perennial shortage of houses and double-digit price growth continued to squeeze first-time buyers out of the market.

By extending a cap on retail fuel prices days before Russia's invasion of Ukraine, Hungarian Prime Minister Viktor Orban has steered into a policy trap that might complicate efforts to keep the economy stable after an April 3 parliamentary election.

Canadian retail sales bounced back in January, beating expectations, as shoppers ventured out to car dealerships and home improvement shops, official data showed Friday, though February retail sales likely fell.

Argentina's $45 billion debt deal with the International Monetary Fund, approved by the country's Congress on Thursday, now faces its final hurdle: the lender's own board, which needs to sign off on the mega refinancing agreement.

The European Commission could soon approve Poland's coronavirus recovery plan, but Warsaw might only get billions in EU money months later once it satisfies rule-of-law concerns and implements other agreed reforms, EU officials said.

Russia has paid interest due on two sovereign dollar bonds, easing doubts about its willingness and ability to honour external debt after harsh sanctions imposed by the West, but a busy payment schedule ahead will keep investors on edge.

Russia has paid interest due on two sovereign dollar bonds, easing doubts about its willingness and ability to honour external debt after harsh sanctions imposed by the West, but a busy payment schedule ahead will keep investors on edge.

Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S.

You may not have heard of Joshua Mitts, a young Columbia University professor who is making some powerful enemies on Wall Street.

Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin's government and advocates of Ukraine pulling them in opposite directions.

Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin's government and advocates of Ukraine pulling them in opposite directions.