The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia's invasion of Ukraine.
The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement resolving claims by states and local governments that they helped fuel the U.S.
Canada's main stock index on Friday notched its biggest gain in nearly four weeks as investors looked past Russia-Ukraine uncertainty amid optimism that an energy crisis could be averted.
Canada's main stock index rose on Friday, tracking global markets, and boosted by encouraging corporate earnings from Canadian Imperial Bank of Commerce and National Bank of Canada.
Indian bond yields rose while the rupee fell on the week as Russia's invasion of Ukraine weighed on investor sentiment, while the Indian government's decision to go ahead with the last scheduled debt sale for the year also hurt bonds.
Bank of England policymaker Catherine Mann said she voted for a half percentage point rise in interest rates this month because she saw little sign that public's price expectations were easing, which risked causing inflation to stay too high.
India plans to pay in rupees for its first long-term urea import deal with Iran to hedge itself from global supply disruptions, higher prices and forex volatilities, sources familiar with the matter said, complicated now by Russia's invasion of Ukraine.
U.S. wheat futures tumbled on Friday in a profit-taking setback after peaking earlier at the highest level since mid-2008 as investors turned back to equities and traders assessed potential disruption to supplies from Russia's invasion of Ukraine.
The European Central Bank's chief economist Philip Lane has told fellow policymakers that the Ukraine conflict may reduce the euro zone's economic output by 0.3%-0.4% this year, four people close to the matter told Reuters.
Russia's invasion of Ukraine will slow European economic growth this year through higher energy prices and lower business confidence and to some extent trade, but the European Union is ready for it, top EU finance officials said on Friday.
India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on New Delhi of Western sanctions imposed on Russia after its invasion of Ukraine, government and banking sources said.
Europe's main stocks index bounced off 9-month lows on Friday following a late rally on Wall Street as investors hunted for bargains after a bruising sell-off this week as Russia invaded Ukraine.
Europe's main stocks index roared back on Friday, lifting off nine-month lows with banks leading a broad-based rally as investors hunted for bargains following a bruising sell-off after Russia's invasion of Ukraine.
European and U.S. bank shares on Friday clawed back some of the previous day's steep losses as the sector starts to get to grips with a slew of sanctions unveiled this week in retaliation for Russia's invasion of Ukraine, with more due from the European Union imminently.
European and U.S. bank shares on Friday clawed back some of the previous day's steep losses as the sector started to get to grips with a slew of sanctions unveiled this week in retaliation for Russia's invasion of Ukraine.
European bank shares remained unsteady on Friday after steep falls a day earlier, as bankers grapple with the potential impact of a slew of sanctions following Russia's invasion of Ukraine.
The rouble firmed on Friday after hitting all-time lows the previous day when Russia began invading Ukraine, while stock indexes rose sharply after their biggest one-day fall on record and the central bank stepped up support for sanctioned banks.
Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the West.
Shaken by a liquidity crunch among developers, China's property market is expected to stay soft in the first half of 2022 before rebounding later in the year as policies aimed at encouraging buyers helps sentiment recover, a Reuters poll showed.
Shaken by a liquidity crunch among developers, China's property market is expected to stay soft in the first half of 2022 before rebounding later in the year as policies aimed at encouraging buyers helps sentiment recover, a Reuters poll showed.
Japan's industrial output likely fell for a second month in January as the fast spread of the Omicron COVID-19 variant disrupted car production, a Reuters poll showed.
European stocks rose on Friday following Wall Street's dramatic late rally, as investors welcomed coordinated Western sanctions against Russia that targeted its banks but left its energy sector largely untouched.
Stocks around the world were rebounding on Friday and U.S.
Asian markets rebounded on Friday following Wall Street's surprising overnight reversal, as investors weighed the longer-term impact of tough Western sanctions against Russia after it
Stocks around the world rebounded on Friday, the U.S.
European stocks rose on Friday after Wall Street's late rally, as investors welcomed coordinated Western sanctions on Russia that targeted its banks but not did not block it from a global payments system and left its energy sector largely untouched.
EU states agreed to freeze any European assets of Russian President Vladimir Putin and his foreign minister on Friday, as Ukraine's leader pleaded for faster and more forceful action to punish Russia's invasion of his country.
EU states agreed to freeze any European assets of Russian President Vladimir Putin and his foreign minister on Friday, as Ukraine's leader pleaded for faster and more forceful sanctions to punish Russia's invasion of his country.
The European Union is planning a third package of sanctions against Moscow, EU officials said on Friday, as Ukraine's president pleaded with the bloc for faster and more forceful steps to punish Russia for its invasion of his country.
The United States on Thursday restricted exports to Russia of a broad set of U.S.-made products as well as foreign-produced goods built with U.S.
