Indias Oil Deals with Russia Dent DecadesOld USD Dominance

NEW DELHILONDON, March 8 Reuters U.S.led international sanctions on Russia have begun to erode the dollar39;s decadesold dominance of international oil trade as most deals with India Russia39;s top outlet for seaborne crude have been settled in other currencies. The dollar39;s preeminence has periodically been called into question and yet it has continued because of […]
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Adidas Boss Eyes Turnaround after Kanye West Split

Split with Kanye West weighs on 2022 results Dividend set to fall to 0.7 euroshare CEO promises turnaround after predicted 2023 loss Adidas still deciding whether to repurpose Yeezy stock HERZOGENAURACH, GermanyLondon, March 8 Reuters Adidas will slash its 2022 dividend, the sporstwear maker said on Wednesday, after warning a split with the artist formerly known […]
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UK Regulator Cracks Down on Illicit London Crypto ATMs

LONDON, March 8 Reuters Britain39;s markets regulator and police have swooped on suspected illegal crypto cashpoints ATMs across east London as authorities step up attempts to disrupt unregistered businesses deemed high risk for consumers. The Financial Conduct Authority FCA, which last month launched a similar crackdown in the northern English city of Leeds, said on […]
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UK on Verge of Ratifying FreeTrade Deal with Australia

SYDNEY, March 8 Reuters The United Kingdom is set to ratify a controversial freetrade agreement with Australia as soon as this month, the country39;s High Commissioner to Australia said on Wednesday. Signed in 2021, the deal has been criticized by some UK officials for being onesided, including Prime Minister Rishi Sunak when on the campaign trail for […]
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Japan Runs Record Current Account Deficit in January

Jan current account logs biggest deficit on record Record trade deficit due to import gains overwhelming exports Primary income surplus helps ease current account deficit TOKYO, March 8 Reuters Japan logged its largest current account deficit ever in January as a combination of global slowdown and China39;s Lunar New Year holidays undermined the country39;s ability […]
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