Monday 7th March 2022
This Russian Metals Giant Might Be Too Big to Sanction - The Wall Street Journal
Norilsk Nickel is a key supplier of nickel and palladium, two metals that are key for electric-vehicle batteries and semiconductors
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Monday 7th March 2022
VW goes ahead with $2 billion new factory to produce upcoming Trinity high-efficiency long-range electric car - Electrek.co
Volkswagen has green-lighted a new $2.2 billion investment to build a new factory in Wolfsburg, Germany. The new factory will be used to produce the upcoming electric vehicle developed under the “Trinity” project, a high-efficiency electric car. Trinity has b…
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Monday 7th March 2022
Griffin Gaming Partners Raises $750M Fund With Eye on Web 3 - CoinDesk
The gaming-focused venture capital firm now has more than $1 billion in assets under management.
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Monday 7th March 2022
FDA hands Bristol Myers a landmark approval in early-stage lung cancer after just five days - Endpoints News
On Feb. 28, the FDA accepted Bristol Myers Squibb’s application for approval of a new use of blockbuster checkpoint inhibitor Opdivo and said it would make a decision by July 13. That estimate turned out to be conservative, to say the least. On Friday, just f…
Read MoreMonday 7th March 2022
Big 4 accounting firms are leaving Russia over Ukraine invasion - Business Insider
PwC and KPMG made the decision on Sunday, while EY followed the next day. Deloitte also announced its exit from Russia on Monday.
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Monday 7th March 2022
A Russia bond default looks increasingly likely - Axios
The market’s in uncharted territory, and U.S. investors could face steep losses
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Monday 7th March 2022
Rupee Sinks To Lifetime-Low Of 77.01, Tracking Soaring Oil Prices - NDTV Profit
The rupee hit a fresh lifetime low of 77.01 per dollar on Monday after starting the session at a previous record low of 76.96.
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Monday 7th March 2022
China's export growth slows, Ukraine crisis poses risk - Reuters.com
China's export growth slowed in the January-February period largely due to base effects, and though the data beat expectations, Russia's invasion of Ukraine has heightened uncertainty over the outlook for global trade this year.
Read MoreMonday 7th March 2022
'I think we’re going to see some spectacular returns,' says ARK's Cathie Wood - MarketWatch
Cathie Wood, The star manager whose key innovation fund has struggled amid a fallout for tech stocks, is staying upbeat.
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Monday 7th March 2022
Morning Bid: Oil shock - Reuters.com
A look at the day ahead in markets from Dhara Ranasinghe.
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