ECONOMY & MARKETS

U.S. stock indexes slumped on Friday as escalating tensions in Ukraine amid fears of an imminent Russian invasion prompted investors to dump risky assets in the run-up to a long weekend.

U.S. stocks struggled for direction on Friday, as investors kept a wary eye on building tensions in Ukraine heading into a long weekend.

U.S. stock indexes were set to rise on Friday as news of talks between the United States and Russia over tensions in Ukraine calmed investor nerves.

Uganda on Friday blamed its withdrawal from an International Coffee Organisation (ICO) agreement this month on what it said are unfair tariffs and other barriers that restrict export of processed coffee to Europe and elsewhere.

OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources close to the group said, seeking to avoid market share competition that could hit prices.

UK-based maritime company Fleetscape is investigating the possible transfer of Iranian oil to a tanker it finances, the Oaktree Capital Management-backed firm said after allegations by a U.S.

The European Union wants to require countries to fill natural gas storage ahead of each winter, to help bolster stocks and cope with supply disruptions, according to a draft document seen by Reuters.

European gas storage levels have fallen less than feared after a mild winter and unprecedented deliveries of liquefied natural gas (LNG), but refilling will be a challenge this summer.

The White House on Friday launched a beta version of a tool that will be used to determine where to invest bilions of federal dollars to bring clean energy and infrastructure to disadvantaged communities, a key step in fulfilling a promise by the Biden administration to prioritize environmental justice.

United Nations member states are set to meet this month in Nairobi to draft the blueprint for a global plastics treaty, a deal that could see countries agree for the first time to reduce the amount of single-use plastics they produce and use.

G20 finance ministers recommitted on Friday to implementing a global overhaul of cross-border corporate tax rules next year in the face of concerns that meeting the deadline could prove difficult.

Allianz announced on Friday big bonus cuts for its CEO and board, and a settlement with the "vast majority" of investors, as it braces for the outcome of U.S.

Allianz announced on Friday big bonus cuts for its CEO and board, and a settlement with a "vast majority" of investors, as it braces for the outcome of U.S.

British retail sales grew faster than expected in January, recovering about half the losses suffered the month before when a wave of Omicron cases of coronavirus caused many shoppers to stay at home.

Inflation is raging, interest rates are rising and bonds look like treacherous investment waters - all of which make arguments for a dip back into the fixed income vortex intriguing at least.

Inflation is raging, interest rates are rising and bonds look like treacherous investment waters - all of which make arguments for a dip back into the fixed income vortex intriguing at least.

Italy's Eni became the latest energy group to benefit from the oil and gas boom as it posted its best result since 2012 to provide cash to cover returns to investors and also fund its green drive.

Prospects of tighter U.S. monetary policy continue to drive up yields for Japan's super-long government bonds, putting to test the central bank's resolve to defend its key 10-year target.

Russia and China watered down a communique being drafted by heads of the Group of 20 major economies on Friday to remove a reference to "current" geopolitical tensions clouding the global economic outlook, sources at the talks said.

Finance leaders from the Group of 20 major economies will likely warn on Friday that rising inflation and geopolitical risks could threaten a fragile global recovery, as the crisis in Ukraine and the COVID-19 pandemic's fallout cloud the outlook.

Finance leaders from the Group of 20 major economies were set on Friday to agree that rising inflation and geopolitical risks could threaten a fragile global recovery, as the crisis in Ukraine and the COVID-19 pandemic's fallout cloud the outlook.

Russia and China watered down a G20 finance leaders' statement on geopolitical risks to the global economy as a contentious meeting ended on Friday, deleting a reference to "current" tensions as financial markets fretted over the prospect of war in Ukraine.

Indonesia booked a current account surplus for the first time in a decade in 2021, data showed on Friday, but its balance of payments came under pressure in the final quarter due to bond market outflows and higher imports.

Oil prices extended losses on Friday and were heading for a weekly fall as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis.

Oil prices ended the week mixed on Friday as investors weighed a potential supply disruption resulting from the Russia-Ukraine crisis against the prospect of increased Iranian oil exports.

Oil prices extended losses on Friday and were heading for a weekly fall as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis.

Thailand's economy likely returned to growth in the fourth quarter thanks to robust exports and easing of COVID-19 curbs, but the suspension of a quarantine waiver for foreign tourists probably dented the recovery, a Reuters poll found.

A gauge of global stocks fell and government debt prices rose on Friday after hopes that diplomacy might resolve the Ukraine crisis faded on news Russian-backed separatists were evacuating residents from breakaway regions in the country's east.

U.S. stock futures bounced on Friday and selling pressure eased in Asian share markets after the U.S.